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Know Everything About STP (Systematic Transfer Plan).

Know Everything About STP (Systematic Transfer Plan).

Submitted by • December 6, 2019 www.mutualfundpatna.com

STP is basically designed to reduce risks from investor's investment and balance returns over a specific term. When investors opt for STP, AMC (Asset Management Company) permits them to put a lump sum in one fund, and transfer a fixed amount to another scheme regularly, here the former fund is called source scheme or transferor scheme, and the latter is called a target scheme or destination scheme.

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