Difference Between SIP and STP
Difference Between SIP and STP
What is a SIP (Systematic Investment Plan)?
What is a SIP (Systematic Investment Plan)?
SIP, investors can deposit a fixed amount at regular intervals – weekly, monthly, quarterly with small amount Rs.500
SIP, investors can deposit a fixed amount at regular intervals – weekly, monthly, quarterly with small amount Rs.500
Investment in mutual funds through SIP helps investors to maintain discipline in their savings with regular intervals
Investment in mutual funds through SIP helps investors to maintain discipline in their savings with regular intervals
What is a STP (Systematic Transfer Plan)?
What is a STP (Systematic Transfer Plan)?
STP Systematic Transfer Plan is where an investor can transfer money from a mutual fund scheme to another scheme of the same mutual fund house.
STP Systematic Transfer Plan is where an investor can transfer money from a mutual fund scheme to another scheme of the same mutual fund house.
In STP, investors invest a lump sum in a fund (usually a debt fund) and then transfer a fixed amount regularly to an equity fund.
In STP, investors invest a lump sum in a fund (usually a debt fund) and then transfer a fixed amount regularly to an equity fund.
In STP, Capital appreciation for excess idle money lying in the bank account
In STP,
Capital appreciation for excess idle money lying in the bank account
In SIP Long term capital appreciation
In SIP
Long term capital appreciation
In SIP No tax applies to investing.
In SIP
No tax applies to investing.
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