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.
What is a Systematic Withdrawal Plan or SWP?
A Systematic Withdrawal Plan (SWP) is an intelligent way to withdraw money at regular intervals from large investments while you allow them to continue to grow with the market. With a SWP, you can predetermine an amount to be withdrawn monthly with ...
What happens to my money after I invest?
Glide Invest will facilitate the transfer of money from your bank account to the respective fund as soon as you make the transaction. Your money never touches our bank account. Glide Invest platform allows you to track all your investments in both ...
Can I invest with a HUF account?
Yes, you can create a HUF account with Glide Invest. However, the setup needs to be done manually through our customer support team. Once the account is setup, then all transactions can be done through the app just like a normal user. By forming a ...
Can I create an account for a minor?
Yes, you can create an account for a Minor with Glide Invest. However, the setup needs to be done manually through our customer support team. Once the account is setup, all transactions can be done through the app just like a normal user. Step-1: ...
How can I find out if I have invested in a regular plan or direct plan?
Investments made through a financial intermediary like a bank or a broker are usually regular plans. If you have invested through a financial planner and he/she has advised you on what to buy, done all the paperwork himself/herself and has collected ...