Mutual funds: What is Systematic Transfer Plan?1 min read 24 Sep 2022, 02:50 PM IST
If you have a lumpsum amount to invest in the equity market, it is advised that you should stagger your investment in debt/liquid funds and transfer from there certain amounts to equity mutual fund schemes of your choice by using the tool of STP.
Hi, please explain what is the concept of STP? What are its benefits? When should I use it?
Select your Category