STP
Market basicsSystematic Transfer Plan — moving a fixed amount from one fund to another at intervals.
In plain terms
The sensible way to deploy a lumpsum into equity instead of putting it all in on one day.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
Systematic Transfer Plan — moving a fixed amount from one fund to another at intervals.
The sensible way to deploy a lumpsum into equity instead of putting it all in on one day.
The compounding lost by postponing a decision.
Invisible, which is why it is tolerated. Two years of a ₹20,000 SIP not started is roughly ₹35 lakh of final corpus over twenty years.