Widely read:
Is it possible to setup a Systematic Transfer Plan (STP) from a non-performing scheme of one fund house to another highly-rated scheme of another fund house?
- Swapnil
You cannot start a Systematic Transfer Plan (STP) from one fund house to anther. An STP helps investors to transfer money from one scheme to another in the same fund house at periodic intervals. STPs are typically set up by individuals with a lumpsum amount to invest. They invest in a liquid fund and transfer the money periodically to an equity fund. STPs can be daily, weekly, fortnightly or monthly intervals.
This article was originally published on January 11, 2016.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
For grievances: [email protected]
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
