What is an STP & Why Use It?
Systematic Transfer Plan (STP) shifts money at regular intervals from a relatively stable fund (source) to a growth-oriented fund (target). It helps deploy a lump-sum gradually into equity, smoothing entry points and keeping idle cash productive meanwhile.
- The source fund earns its own return (e.g., 5–7% p.a.).
- Each transfer buys units of the target fund; those units then compound at the target’s expected return.
- Optional Step-Up STP increases the transfer each year to accelerate deployment.
When is STP helpful?
- When you receive a lump-sum but want to average into equity over months.
- When you want idle cash to earn while waiting (via source fund returns).
- When you prefer a rules-based approach vs. timing the market.
STP Calculator – FAQs
Is STP return guaranteed?
No. Returns depend on market performance of both funds. This tool illustrates outcomes based on your assumptions.
How is STP different from SIP?
SIP invests fresh money periodically. STP moves money from one fund to another—your source corpus funds each transfer.
What should I choose as source and target funds?
Commonly: Source = Liquid/Ultra-Short/Arbitrage; Target = Equity/Hybrid. Pick per risk and horizon.
How long should I run an STP?
Popular choices: 6–18 months for deploying a lump-sum. Our calculator lets you test 1–120 months.
What is Step-Up STP?
An annual percentage increase to your transfer amount (e.g., +10% each year) to deploy faster as confidence increases.
Will STP always beat lump-sum?
No. If markets rise sharply from day one, lump-sum may win. STP aims to reduce regret by averaging entries.
Is there tax on transfers?
Each transfer is a redemption from the source fund and a purchase in the target fund. Capital gains (if any) on the source apply as per fund type and holding period.
Can I modify or stop STP?
Yes. Most AMCs allow changes or cancellation; remaining corpus stays in the current fund.
Does the calculator consider inflation?
Yes—enter an inflation rate to see an indicative “real value” of the final corpus.
Can I export the full schedule?
Use the Download STP CSV button under results to export every period’s details.