What is an STP in Mutual Funds?
Summary by Business News Day
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1 Articles
What is an STP in Mutual Funds?
Managing market volatility while aiming for consistent returns is a key priority for many investors. One effective way to achieve this is by systematically reallocating investments across asset classes based on market conditions and financial goals. A Systematic Transfer Plan (STP) facilitates this process by allowing the transfer of a fixed or variable amount from one mutual fund scheme to another within the same Asset Management Company (AMC).…
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