Fund News

Mirae Introduces Systematic Transfer Plan

Last updated: 14-Nov-2022•Value Research

Mirae Asset India has announced the introduction of daily /weekly/fortnightly STP (Systematic Transf

Mirae Asset India has announced the introduction of daily /weekly/fortnightly STP (Systematic Transfer Plan) facility in all its schemes. The validity for daily option will be from Monday to Friday, for weekly option it will be every Wednesday and for fortnightly option it will be every Wednesday of the alternate week.

The minimum amount of transfer is Rs 1000 per installment under Daily, Weekly and Fortnightly Options. STP is eligible to all schemes and options with the only exception of transferring from equity/equity oriented scheme to a non-equity scheme.

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