Birla Sun Life Mutual Fund has introduced Value Systematic Transfer Plan (Value STP) and Capital Appreciation Transfer Plan (CATP) with effect from March 23, 2016.
Value STP is a facility wherein Unit holder(s) of eligible open-schemes of Birla Sun Life MF can opt to systematically transfer amount(s), which may be based on the value of investments already made/transferred under this facility, on the date of transfer at pre-determined intervals from open-ended Schemes(s) of the Fund to the Growth Option of open-ended equity Scheme(s) of the Fund.
CATP is a facility wherein the Unit holder(s) can opt for the Systematic Transfer Plan by providing instruction to transfer capital appreciation at regular intervals - Monthly or Quarterly under the open-ended Scheme(s) of the Fund (except Birla Sun Life Gold ETF and Birla Sun Life Nifty ETF).
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