Mutual Funds: If you are planning to exit one mutual fund scheme and reinvest the proceeds in another, you can opt for a systematic transfer plan (STP). This is an effective mechanism for investors ...
Mutual funds explained for beginners. Learn how they work, their benefits, and how to start investing to grow your wealth.
While in a SIP, the money even if a small amount is invested periodically, in a STP, a lump sum is first invested in a liquid fund, and from there periodically transferred to whatever target fund is ...
The asset management company (AMC) has also decided that fresh STP registrations into any of the three schemes will no longer be accepted after the cut-off time on June 4, 2026.