What is Switch and STP in Mutual Fund and How to use them?

Welcome to our channel! 🎥 In today’s video, we’re diving into the concepts of Switch and Systematic Transfer Plan (STP) in mutual funds. 🤔💡

🔍 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐰𝐢𝐥𝐥 𝐋𝐞𝐚𝐫𝐧:

Switch: Discover when to move your investments between different mutual fund schemes within the same fund house. I will explain the benefits, the process, and when the right strategy might be right for you.

Systematic Transfer Plan (STP): Learn how this systematic approach can help you manage your investments by transferring a fixed amount from one mutual fund scheme to another at regular intervals. I will cover how STP works and its advantages.

Whether you want to optimize your investment portfolio or understand your options better, this video will give you the knowledge you need to make informed decisions. 📈
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📝𝐖𝐡𝐚𝐭 𝐢𝐬 𝐜𝐨𝐯𝐞𝐫𝐞𝐝?

0:00 Introduction
0:44 What is STP (Systematic Transfer Plan)?
01:24 When should you use STP?
01:52 Why do we set up or opt for STP?
2:11 Difference between SIP & STP
2:23 How STP helps you big time in 2 ways?
3:12 How not to invest lumpsum investment in an Equity Mutual Fund.
3:20 What is Switch?
3:48 When should you use the switch option?
Conclusion: STP & Switch helps you create an investment strategy to create more wealth in the long term.

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𝐅𝐨𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬, 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 :
► 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: [phone]

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👨‍👩‍👧‍👦𝐋𝐞𝐚𝐫𝐧 𝐇𝐨𝐰 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐈𝐬 𝐀 𝐆𝐚𝐦𝐞𝐜𝐡𝐚𝐧𝐠𝐞𝐫 𝐅𝐨𝐫 𝐘𝐨𝐮?

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𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭𝐬:

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🖩𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐂𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐨𝐫𝐬:
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𝐋𝐞𝐭’𝐬 𝐜𝐨𝐧𝐧𝐞𝐜𝐭 𝐨𝐧𝐥𝐢𝐧𝐞:

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𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐥𝐦𝐚 𝐒𝐨𝐧𝐲, 𝐂𝐅𝐏ᶜᵐ
Hey 🙋🏻‍♀️, thank you for dropping by.

I am Salma Sony. I am a SEBI RIA (Registered Investment Adviser), and my academic qualification is an MBA (Finance). I am a Certified Financial Planner and practice Fee-Only Financial Planning.

Fee-only financial planning means pure financial advice that focuses on clients keeping their interests ahead of everything else and does not get any remuneration directly or indirectly from the product I recommend.

As a SEBI Registered fee-only Investment Adviser, I help individuals put their financial lives in order and live a financially disciplined life.

As an investor, we are working towards achieving our family’s financial independence by 2034.

► WhatsApp: [phone]

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𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫:
This video is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions.
An equity investment (directly or via mutual fund) is subject to market risk, and there is no assurance or guarantee of return - neither the principal nor appreciation of the investment. Salma Sony, CFPᶜᵐ, and her team are neither responsible nor liable for any loss resulting from the investments or strategies shared. Content shared in this channel is for education purposes only. We might change our view on the education content shared. Kindly seek advice from your financial advisor before investing.

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