Sundaram Mutual Fund introduces Daily STP facility
Jun 06 2017
News Category: AMC Specific Updates
Sundaram Mutual Fund has introduced Daily Systematic Transfer Plan (Daily STP) facility under all open-ended equity and fixed income schemes of the fund, effective from Jun 9, 2017. Under the facility, unit holders of “Transferor Scheme” can opt to transfer a fixed amount at daily intervals (business days) from their existing investments under “Transferor Scheme” to eligible “Transferee Scheme” which is available for investment at the time.