First of all thank you for spreading education among people and want to confirm that can we STP from any fund of any AMC or only through liquid fund please advice?
You are most welcome and thanks for the kind words about our work.
With regards to STPs, please note that it can be done from one fund to the other within the same AMC. STPs cannot be done from one fund of one AMC to the other fund of another AMC. It is also a misconception that STP can be done from liquid funds only.
For example - you can do a STP from SBI Magnum Multicap Fund to SBI Magnum Insta Cash Fund but you can not do STP from SBI Magnum Multicap Fund to HDFC Liquid Fund.
To know more about STPs, please read the following -
https://www.advisorkhoj.com/dspbrmf...
https://www.advisorkhoj.com/iciciprumf...
Hope the above helps you. Thanks for writing to Advisorkhoj !
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