Fund Basics

Drip Investing

STP is an easier way to reap the benefits of Rupee cost averaging. It enables you to transfer a fixed amount of money at regular intervals from designated debt schemes to designated equity and balanced schemes.

One of the highlights of mutual funds is the convenience they offer. This is however, often overlooked in the race for returns. Still, this has not stopped funds from trying to make your life easier. One innovation that is catching on is the Systematic Transfer Plan (STP). A STP enables you to switch or transfer a fixed amount of money at regular intervals from desig

This article was originally published on April 08, 2004.


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