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What should investors do when mutual funds merge term plans with debt funds-(A)

Earlier this month, HDFC Mutual Fund, the nation’s third-largest mutual fund company, announced the merger of six of its Fixed Maturity Plans (FMPs) into the HDFC Corporate Bond Fund. Elsewhere, and also in March, Aditya Birla Sun Life Mutual Fund announced the merger of 17 of its own MPFs into its short duration fund and …

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