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Systematic Transfer Plan (STP): Way To Invest Lump Sum Money [Mutual Fund]

Systematic Transfer Plan (STP) is a useful tool like Systematic Investment Plan (SIP). SIP has become a synonym for mutual fund investing. People prefer buying mutual fund units through SIP route. Hence these days, it is not necessary to explain the meaning and purpose of SIP to people. But the concept of Systematic Transfer Plan (STP)…