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Nifty 5022,520.451.3%H 22,580.75 · L 22,294.75as of 09 Oct, 3:31 PM IST|Sensex72,472.331.23%H 72,669.2 · L 71,739.49as of 09 Oct, 3:32 PM IST|Bank Nifty55,256.651.36%H 55,419.3 · L 54,617.2as of 09 Oct, 3:31 PM IST|USD / INR₹96.780%H ₹96.78 · L ₹96.73as of 7:38 PM IST|Gold Intl (10g)₹1,31,192.151.43%H ₹1,31,733.56 · L ₹1,29,319as of 10 Oct, 2:29 AM IST|Silver Intl (1kg)₹1,89,953.722.73%H ₹1,91,235.67 · L ₹1,84,981.47as of 10 Oct, 2:29 AM IST|Crude WTI₹8,889.240.39%H ₹8,920.21 · L ₹8,711.17as of 10 Oct, 2:29 AM IST|Bitcoin₹81,20,7961.11%H ₹81,66,005.49 · L ₹80,75,586.51upd. 11:03 PM IST|Ethereum₹2,46,1781.55%H ₹2,48,080.24 · L ₹2,44,275.76upd. 11:03 PM IST|Nifty 5022,520.451.3%H 22,580.75 · L 22,294.75as of 09 Oct, 3:31 PM IST|Sensex72,472.331.23%H 72,669.2 · L 71,739.49as of 09 Oct, 3:32 PM IST|Bank Nifty55,256.651.36%H 55,419.3 · L 54,617.2as of 09 Oct, 3:31 PM IST|USD / INR₹96.780%H ₹96.78 · L ₹96.73as of 7:38 PM IST|Gold Intl (10g)₹1,31,192.151.43%H ₹1,31,733.56 · L ₹1,29,319as of 10 Oct, 2:29 AM IST|Silver Intl (1kg)₹1,89,953.722.73%H ₹1,91,235.67 · L ₹1,84,981.47as of 10 Oct, 2:29 AM IST|Crude WTI₹8,889.240.39%H ₹8,920.21 · L ₹8,711.17as of 10 Oct, 2:29 AM IST|Bitcoin₹81,20,7961.11%H ₹81,66,005.49 · L ₹80,75,586.51upd. 11:03 PM IST|Ethereum₹2,46,1781.55%H ₹2,48,080.24 · L ₹2,44,275.76upd. 11:03 PM IST|

Systematic Transfer Plan (STP)

Moving money gradually from one fund to another.

Definition

A Systematic Transfer Plan (STP) automatically transfers a fixed amount at regular intervals from one mutual fund (often a low-risk debt/liquid fund) into another (usually an equity fund). It is a disciplined way to deploy a lump sum into equities gradually.

Example

Park ₹6 lakh in a liquid fund and STP ₹50,000 a month into an equity fund over a year to average your entry price.

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