Funds for STP

POSTED BY aniket biswas ON January 16, 2011 7:34 pm ONE COMMENT

Dear Sir,
             Iam 32 yrs old and I have been investing in five top rated equity
diversified mutual funds for the past 3 years via SIP.These funds belong to the
HDFC, DSPBR and Reliance mutual fund houses.Presently i have a lumpsum amount of
about two lakhs.I want to put this amount in some debt or liquid funds belonging to these fund houses and transfer it via STP into my existing funds.Please suggest some debt or liquid
funds belonging to these fund houses as i am a bit confused about the various
categories of debt funds.

One reply on this article “Funds for STP”

  1. Just choose the floating rate fund of these companies, which does not have any entry load & exit load. Then, choose STP in that. However, review your STP portfolio after budget as Govt. is planning to implement some tax changes in such investments.

    Hope it will help you.
    InvestmentKit.com

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