Mutual Funds

What is a systematic transfer plan (STP)? How best can I use it?

Investor can easily switch his or her investment through systematic investment plan.

What is a systematic transfer plan (STP)? How best can I use it?
info_icon

STP is a facility wherein a unit holder can opt to transfer a fixed amount at regular intervals from one scheme to another. The facility helps an investor to rebalance the portfolio by easily switching his or her investments between different asset classes. STP can be smartly used to reduce volatility and in realisation of financial goals