News From Press What is a Systematic Transfer Plan and how it is different from an SIP? MintGenie explains

What is a Systematic Transfer Plan and how it is different from an SIP? MintGenie explains

Source: Mint Oct 11, 2022

Mutual funds have become a very common way of generating wealth. There are many strategies used by investors while investing in an MF. One such strategy is the Systematic Transfer Plan or STP. While it is a bit similar to the Systematic Investment Plan (SIP), it has some basic differences.

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