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What is an STP (Systematic Transfer Plan)?

An STP or Systematic Transfer Plan is an investment scheme which permits the investor to transfer or reallocate funds from one investment scheme to another. It allows users to transfer some of their invested capital into another mutual fund scheme.

The investors can decide how and when this transfer is to take place. A Systematic Transfer Plan is a clever strategy to save you from the risks that come with investing in a volatile market.

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