Glossary Mutual Fund / Term
Systematic Transfer Plan is a plan which allows the investors to put a lump-sum amount in a particular scheme and later transfer a pre-determined amount to another funds on a regular basis.
There are two kinds of STP options available – Fixed STP and Capital Appreciation STP.
In Fixed STP, the investor transfers a fixed sum of money to other funds.
In Capital Appreciation STP, the investors transfer the profits from one scheme to another.
Permanent link Systematic Transfer Plan (STP) - Creation date 2020-05-23