What is a systematic transfer plan in mutual funds?
A systematic transfer plan (STP) is a way to invest in mutual funds wherein an investor sets up a plan to periodically transfer money from one fund to another. The money is transferred at predefined intervals (weekly, monthly, etc.) and helps the investor take advantage of market movements.
Who uses the STP facility typically?
STPs are often used by investors who want to invest in equity mutual funds but are worried about volatility in the stock markets. By starting an STP, the investor can transfer small amounts
of money into an equity mutual fund every week or month. This averaging out of investment costs is called rupee cost averaging, and it helps to reduce the risk of investing in equity mutual funds.
What is Turbo STP?
Aditya Birla Sun Life AMC Limited (ABSLAMC) Turbo Systematic Transfer Plan (“Turbo STP”) is a facility wherein unit holder(s) can opt to transfer variable amount(s) from source Scheme(s) to Target Scheme(s) at defined intervals.
This story is from the December 2022 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2022 edition of Investors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A Doctor Within You: Your Immune System
The fact that you survive is due to your immune system-a fascinating network of chemicals and cells that protect your body.
PERSON OF THE YEAR 2024
Like every year there were many contenders. Don is back dodging bullets by the ear. He can claim the year. Criminal convictions?
Indian Mutual Fund Industry in 2025 What Lies Ahead?
Q. How do you view the performance of the MF industry, in general, and your fund house, in particular, during 2024?
Add Health to Your Wealth
Life is unpredictable because it is influenced by countless unpredictable factors such as accidents, illness, economic changes, natural disasters or personal circumstances.
Market strategy for the year 2025
India’s GDP print came in lower than expectations at 5.4% substantially lower than 6.7% recorded in Q1 FY’25 and 8.1% in Q2 FY’24 seems mainly by a slowdown in government expenditure and capital formation.
Review and Rebalance Your Portfolio at the Start of 2025
At the start of 2025, investors must review their investment portfolios and bring about certain changes to prepare them for the challenges of the new year. Let us begin by reviewing the year that has gone by, and then discuss the changes you need to make to your portfolio.
An Overview on Asset Allocation
The recent sharp volatility in the stock markets has retail investors worried, especially those who put all their funds into equity and completely ignored fixed income/debt and gold.
Indians are Developing Weak Bones
In India, 1 out of 8 males and 1 out of 3 females suffer from osteoporosis, making India one of the largest affected countries in the world.
"The strategy behind the Tata India Innovation Fund centers on identifying companies that are driving transformative or incremental changes through innovation"
Yes, we certainly believe innovation is a powerful theme with immense potential for the coming years, and we are excited to bring it to our investors.
What is Hybrid Mutual Fund?
Hybrid Mutual Fund is a combination of more than one type of fund. While they invest in shares of companies listed on the exchange, like equity funds.
