Finance Guru Speaks: This article will guide you on how you can start STP (Systematic Transfer Plan) from one Fund to another in Mirae Asset Mutual Fund.
Some details about STP: If you have a lump-sum investment in Fund X, then by using STP you can systematically transfer a defined amount (Say Rs. 10,000 per month) in Fund Y. Remember both the funds X & Y should be from the same fund house.
Many investors are using the STP route to systematically transfer the amount from Debt Mutual Fund to Equity Mutual Fund or vice versa.
If you are an existing Mirae Asset Mutual Fund investor, then first of all get registered to its Mirae Asset Mutual Fund website. You can follow the options as mentioned here.
In this article, we will provide steps for starting STP from Mirae Asset Dynamic Bond Fund (SOURCE) to Mirae Asset Hybrid - Equity Fund (TARGET). However, you may select any other Mutual funds from this fund house, steps will remain the same.
Steps to start STP in Mirae Asset Mutual Fund:-
1. Open Mirae Asset Mutual Fund website and provide your User ID, Password & Generated OTP and click on LOGIN button.:-
2. On the Home page, first go to TRANSACT -> STP, as shown below:-
Click to enlarge - How To Start STP In Mirae Asset Mutual Fund |
3. Click CONTINUE, as shown below:-
Click to enlarge - How To Start STP In Mirae Asset Mutual Fund |
4. Against your Source Fund (Mirae Asset Dynamic Bond Fund in our case), select Transact option:-
Click to enlarge - How To Start STP In Mirae Asset Mutual Fund |
Click to enlarge - How To Start STP In Mirae Asset Mutual Fund |
No comments:
Post a Comment
Thanks for your interest. Keep visiting.
Sincerely,
Finance guru Speaks