Glide Invest FAQ: What is a Systematic Transfer Plan or STP?

What is a Systematic Transfer Plan or STP?

A Systematic Transfer Plan (or STP) allows you to move your investments from one fund to another fund from the same AMC just like a SIP investment, with a set date, amount and number of installments. This method of investing is used very often to park money in a Liquid or Arbitrage Fund as a cash equivalent and get better returns than savings bank accounts, and systematically transfer the funds to a more risky fund, thereby avoiding investing in high risk funds as a lumpsum and investing in them just like a SIP and ride the market. 


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