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SWP / STP in Zerodha

Personal finance

Neelesh November 7, 2024, 2:17pm 416

Systematic Transfer Plan (STP) is now live on Coin web Zerodha Feature Announcements

STP is now live on Coin Web! The Systematic Transfer Plan or STP feature is now live. STP lets a user set up automatic transfers from one mutual fund to another, making it easier for a user to manage their investments without manual effort. It is a mixture of SWP and SIP; once the SWP amount is credited to the bank account as per the settlement time of the scheme, we get the notifier from BSE, and that’s when we trigger the SIP instruction that will be supported using the mandate. Suppose you’…

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