A Systematic Transfer Plan (STP) is a smart way to invest a lump sum amount gradually, reducing market timing risks and optimizing returns. Monitor performance and consider tax implications for maximum benefits.
Though the Nifty50 index is at an all-time high, investors need to stick to their asset allocation and invest in multi-cap and flexicap funds through SIP and STP, advise experts. But if you need money in the next 2-3 years, take some money off the table.
ICICI Prudential mutual fund’s Booster STP increases and reduces monthly investment transfers, depending on market valuations
We have been advising a staggered approach to investment over the next few months, SIPs and STPs are the most efficient way of capturing the volatility.
The best investment that you can make at this point is to stay the course and protect your portfolio from yourself
If an investor wants to invest Rs 10 Lakh in an equity fund through STP, he will have to first select a debt/liquid fund which allows STP to invest in that particular equity fund.
The markets watchdog has added this as the new eligibility criteria for STP centralised hub and STP service providers.
Global population growth, urbanisation, land use change, industrialisation, food production practices, increased living standards and poor water use practices, mean that the world today is facing a water quality crisis. India‘s urban areas generate R
DSP BlackRock Investment Managers today announced that it will temporarily suspend all fresh transactions in DSP BlackRock Micro Cap Fund, an open ended diversified equity growth scheme with effect from February 20, 2017
Be it building an emergency fund or parking money for a very short period of time, liquid funds are a wonderful investment option.
STP is a useful tool to invest lumpsum money into equity fund over a period of time.
Many individuals file income tax returns online. But the focus is on completing a formality and in that hurry certain things are missed.
If you are looking for financial planning approach then it is better to avoid investing in MF though demat accounts. However, it can be a good platform if your needs are purely investment related.
It not only allows you to invest at regular intervals but also enhances returns as the cash is invested in liquid funds, which generally offers better returns than savings bank account.
Equity mutual funds let accumulate retirement funds at a double digit rate of returns through systematic investment plan. Debt funds can be used to protect the kitty once investor reaches age of retirement.
Reliance Mutual Fund has announced extension of next Specified Transaction Periods (STP) under Reliance Interval Fund - Quarterly Interval Fund - Series III and Reliance Interval Fund - Monthly Interval Fund - Series II.
The first step to select a suitable retirement corpus plan is to calculate household and health expenses accounting for future inflation and arrive at the monthly investment required for smooth sailing. Understanding mutual funds is necessary to make the appropriate investment choice.
Principal Mutual Fund announces changes with effect from February 01, 2014
Dr. Renu Pothen, Research Head of Fundsupermart.com explains what are the tax implications in case of using STP, SWP and SIP.
Chitra Iyer, COO & Financial Coach at MFA explains about systematic transfer plan.
ICICI Prudential Mutual Fund announces changes in of Specified Transaction Period (STP) under its three schemes
Investing in mutual funds is one sure way of defeating the inflation and building retirement kitty. There are various Mutual Funds tools like SIP, STP or SWP which can be made use of towards building wealth. Read this space to understand how one can use these options towards easy retirement.
You are planning to invest in different mutual fund schemes over a period of time but want to avoid paper work involved from time to time. Don‘t worry about the hassle and the potential paper work that you may have to undergo. You have a one stop solution in form of Systematic transfer plan (STP).