Systematic Transfer Plan (STP) is an investment strategy in which investors transfer their financial resources from one mutual fund scheme to another at predetermined intervals without any hassle.
What is STP? How does it work? It transfers a predetermined amount of money from one mutual fund to another on a regular basis. An STP is commonly used to transfer money from a liquid or debt fund to ...
When it comes to investing, most people have heard of SIPs (Systematic Investment Plans). They're easy to set up, simple to explain, and popular among new investors. But according to investor and ...