IP in mutual funds has garnered monumental curiosity amongst traders through the years on account of its rupee-cost-averaging attribute. SIP works out majorly for normal earnings earners. For traders who’ve a lumpsum quantity, there may be one other facility known as Systematic Switch Plan (STP). STP primarily works for traders who need to make investments the cash in a staggered method from one scheme to a different. Tune in to the podcast to understand how STP works, choices obtainable and the taxation therapy.
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