Systematic Transfer Plan (STP)

STP refers to Systematic Transfer Plan where in an investor invests a lump sum amount in one scheme and regularly transfers (i.e. switches) a pre-defined amount into another scheme. Every month on a specified date an amount you choose is transferred from one mutual fund scheme to another of your choice.
Ideal for:

Investors who want to invest lump sum money in schemes with stable returns and ensure small exposure to equity schemes in order to avail of the potential for higher growth through equities. This works like a SIP (Systematic Investment Plan) . Lowering Risk and increasing returns. This is best suited when markets have peaked or the investor is unsure of the further uptrend in the market.

Investor has the option of :
  • Daily Systematic Transfer Plan
  • Weekly Systematic Transfer Plan
  • Fortnightly Systematic Transfer Plan
  • Monthly Systematic Transfer Plan
  • Quarterly Systematic Transfer Plan

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