News From Press All you need to know about systematic transfer plans

All you need to know about systematic transfer plans

Source: Mint Mar 2, 2022

Are you planning to take advantage of the market correction by increasing your equity exposure? If you are a mutual fund investor, one of the ways of doing it is initiating a systematic transfer plan (STP) from a debt fund to an equity fund.

Click here to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

RBI not likely to cut interest rates soon; how this delay can impact bond investors, what they should do

Index funds: Rules of construction

Buffett says India has 'unexplored' opportunities

Mid or small-cap fund? This is how investors can have best of both with lower risk

Elections stoke volatility but don't alter market dynamics: Niket Shah

Health insurance industry exposed! Here’s what policyholders get from insurers against lofty promises, reveals survey

I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?

Making the most of day care claims in health insurance

Term insurance: A delay in buying can cost you dearly

MF Investment: Manage high valuations and market volatility with Hybrid Mutual Funds

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

1 Comment

Duli chand garg · 2 years ago `

On a certain date, you logged in application of 190000/- and on the same date an STP for Rs 60000/- also logged in by default in the same scheme & in the same pan. B-30 benefit is not paid to distributor clubbing the both investment & considering it above 200000/- in the same scheme and in the same pan, though the incoming source of funds are different. This is also not paid if distributors are different ARN holders. Please comment & take the matter with Amfi/ sebi.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS