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SIP in mutual funds has garnered enormous interest among investors over the years on account of its rupee-cost-averaging characteristic. SIP works out majorly for regular income earners. For investors who have a lumpsum amount, there is another facility called Systematic Transfer Plan (STP). STP mainly works for investors who want to invest the money in a staggered manner from one scheme to another. Tune in to the podcast to know how STP works, options available and the taxation treatment.
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