Weekly STP on FundsIndia?

POSTED BY kau9mar ON September 20, 2012 5:09 pm COMMENTS (4)

Hi,

Is anyone using fundsindia.com for STP? I am trying to setup a weekly STP from my HDFC Short Term Opportunities fund to HDFC Top 200. However using the trigger option i am only able to do a monthly recurring and not a weekly recurring. Can anyone suggest if there is anyother way of doing it weekly (other than manual redemption and purchase)?

I have posted this query on their website as well and awaiting a reponse, but would very much appreciate if anyone who has done it can throw some light.

 

Thanks

Kaushik

4 replies on this article “Weekly STP on FundsIndia?”

  1. kau9mar@gmail.com says:

    Hi Ramesh,

    That’s what i have deiced to do.. 4 monthly STPs at weekly intervals (5, 12, 19 and 26).

    Dear Ashal – i did not want to go to HDFC AMC directly since I am in the process of consolidating all my investments in one platform (fundindia)… just wanted to save the hassle of tracking this investment through a different platform.

    As always, thank you so much for your inputs.

    Kaushik

  2. Dear Kaushik, are you trying FlexIndex or FlexSTP? For more details please visit hdfcfund site.

    Thanks

    Ashal

  3. Dear Kaushik, instead of asking @ fundsindia, please check with HDFC AMC itself For the option you are asking.

    Thanks

    Ashal

  4. Ramesh says:

    Start 4 separate monthly STPs at weekly intervals, eg 1,8,15,22 days of month. Done.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.