Fixed Point Action and Topology in the CP³ Model

We define a fixed point action in two-dimensional lattice ${\rm CP}^{N-1}$ models. The fixed point action is a classical perfect lattice action, which is expected to show strongly reduced cutoff effects in numerical simulations. Furthermore, the action has scale-invariant instanton solutions, which enables us to define a correct topological charge without topological defects. Using a parametrization of the fixed point action for the ${\rm CP}^{3}$ model in a Monte Carlo simulation, we study the topological susceptibility.