mutual fund…..guidance?

Hi plz tell me in detail what is STP in mutual fund?Whether CANARA ROBOCCO is good for doing STP?if so then guide me how to start with like which debt or balanced fund to which equity fund I should do the transfer?

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3 Replies to “mutual fund…..guidance?”

  1. It is a Systematic Transfer Fund where part of the investment is swirched from one fund to other funds regularly. I cannot see what the purpose is apart from making money for the funds!

  2. STP in mutual funds is meant for knowledgeable and experienced investors,not the lay men.Secondly investment in shares directly or through MF is a bad decision at the present moment.The bank FD is the best choice with safe returns and no risk.The share market scenario for the next one and a half year is very depressing.So stay away?

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