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According to the monthly data released by Association of Mutual Funds in India, Fixed Term Plans accounted for Rs. 341.47 crore in outflows in Jan 2020 compared with Rs. 197.18 crore in the prior month. The category saw fresh purchases of Rs. 162.08 crore in Jan relative to Rs. 75.60 crore in the prior month. The net assets under management for FTP stood at Rs. 1.40 lakh crore.