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Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,389.770.59%H ₹1,26,070.47 · L ₹1,25,359.11|Silver Intl (1kg)₹1,81,412.581.66%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,060.243.67%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,8810.66%H $64,090.86 · L $63,671.14|Ethereum$1,810.90.65%H $1,816.76 · L $1,805.04|Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,389.770.59%H ₹1,26,070.47 · L ₹1,25,359.11|Silver Intl (1kg)₹1,81,412.581.66%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,060.243.67%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,8810.66%H $64,090.86 · L $63,671.14|Ethereum$1,810.90.65%H $1,816.76 · L $1,805.04|

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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