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Systematic Transfer Plan
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| Investing in a debt fund normally assures you of fairly consistent returns while equity funds have the potential to create wealth. However the stability of the debt fund is much reassuring against the volatility in an equity fund investment. To combine the best of both worlds, we provide the facility of Systematic Transfer plan. |
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Ideal for
Investors who want to invest lump sum money in schemes with stable returns and ensure small exposure to equity schemes in order to avail of the potential for higher growth through equities. |
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| Invest a lump sum amount in a debt-oriented scheme. Specify a desired amount to be transferred to any of our equity schemes like Birla Sun Life Frontline Equity Fund Plan A /Birla Sun Life MidCap Fund. The amount will be transferred to the selected scheme on the 1st of every month. |
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Applicability
STP “OUT” is available from any of the below Open-ended schemes except Birla Sun Life Tax Relief’96, Birla Sun Life Equity Plan and Birla Sun Life Index fund.
STP “IN” is available to any of the below Open-ended schemes except Birla Sun Life Index fund. |
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| EQUITY Fund Family |
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Birla Sun Life Advantage Fund |
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Birla Sun Life Dividend Yield Plus |
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Birla Sun Life Equity Plan |
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Birla Sun Life India Opportunities Fund |
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Birla Sun Life MNC Fund |
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Birla Sun Life MidCap Fund |
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Birla Sun Life GenNext Fund |
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Birla Sun Life Equity Fund |
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Birla Sun Life New Millennium Fund |
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Birla Sun Life Buy India Fund |
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Birla Sun Life Basic Industries Fund |
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Birla Sun Life Frontline Equity Fund Plan A |
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Birla Sun Life Tax Relief’96** |
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Birla Sun Life ’95 Fund |
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Birla Sun Life Freedom Fund |
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Birla Sun Life Top 100 Fund |
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Birla Sun Life Infrastructure Fund |
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Birla Sun Life International Equity Fund |
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Birla Sun Life Index Fund |
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Birla Sun Life Special Situations Fund |
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| Debt Fund Family |
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Birla Sun Life Liquid Plus |
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Birla Sun Life Bond Index Fund |
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Birla Sun Life Dynamic Bond Fund |
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Birla Sun Life Floating Rate Fund – Long Term Plan |
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Birla Sun Life Gilt Plus |
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Birla Sun Life Income Plus |
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Birla Sun Life MIP* |
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Birla Sun Life MIP II* |
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Birla Sun Life Monthly Income* |
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Birla Sun Life Ultra Short Term Fund |
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Birla Sun Life Income Fund |
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Birla Sun Life Gilt Plus |
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| Liquid Fund Family |
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Birla Sun Life Cash Manager |
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Birla Sun Life Cash Plus |
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Birla Sun Life Floating Rate Fund – Short Term Plan |
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| * An Open-Ended income scheme. Monthly Income is not assured and is subject to availability of distributable surplus |
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| ** An open-ended equity linked savings scheme (ELSS)(All investments are subject to a lock-in period of 3 years from the date of allotment) |
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| Investment Options |
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| There are three options for investing in Systematic Transfer Plan: |
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Weekly Transfer Plan |
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Monthly Transfer Plan |
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Quarterly Systematic Transfer Plan |
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| Details |
Monthly Systematic Transfer Plan |
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| Minimum Amountance (at the time of enrollment) |
- Weekly STP : Rs 6000/-
- Monthly STP: Rs 6000/-
- Quarterly STP: Rs 8000/-
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| Minimum Transfer Amount |
- Weekly Plan: 5 Transfers of Rs 1000/- each and above
- Monthly Plan: Minimum 6 Transfers of Rs 1000/- each and above
- Quarterly Plan: Minimum 4 Transfers of Rs 2000/- each and above
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| Transfer dates |
- Weekly STP – 1,7,14,21,28 of each month
- Monthly STP – 1,7,14,21,28 of each month
- Quarterly STP - 1,7,14,21,28 of each quarter
- Investors can also opt for upto 4 multiple dates within a month and in this case, the transfer can be instructed for 1,7,14,21,28 of each month.
- In case of ambiguity STP date will be 7 of each month
- In case of > 4 multiple dates provided, 7,14,21,28 of each month will be considered.
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| Load in case of Systematic Transfer Plan: |
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| Exit Load at time of transfer OUT: |
Exit Load as applicable to respective schemes. |
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| Entry Load at time of transfer IN: |
No Entry Load is payable if transfer is within the Schemes (s) belonging to same Fund Family*.
-Entry load as applicable to respective Scheme will be payable if the transfer is from Scheme belonging to one Fund Family to another Fund Family. |
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| Exit Load at time of redemption: |
Exit Load as applicable to respective schemes. |
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| *The Fund Family referred in Systematic Transfer Plan shall include Scheme(s) as specified below: |
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| A. |
Equity Fund Family: |
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Birla Sun Life Tax Plan / Birla Sun Life Dividend Yield Plus / Birla Sun Life Tax Plan / Birla Sun Life India Opportunities Fund / Birla Sun Life MNC Fund / Birla Sun Life Midcap Fund / Birla Sun Life India GenNext Fund / Birla Sun Life Equity Fund / Birla Sun Life New Millennium Fund / Birla Sun Life Buy India Fund / Birla Sun Life Basic Industries Fund / Birla Sun Life Frontline Equity Fund / Birla Sun Life Tax Relief’96 / Birla Sun Life’95 Fund / Birla Sun Life Freedom Fund / Birla Sun Life Top 100 Fund / Birla Sun Life Infrastructure Fund / Birla Sun Life International Equity Fund / Birla Sun Life Index Fund / Birla Sun life Special Situations Fund / Birla Sun Life Commodity Equities Fund. |
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| B. |
Debt Fund Family: |
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Birla Sun Life Savings Fund / Birla Sun Life Short Term Opportunities Fund / Birla Sun Life Dynamic Bond Fund / Birla Sun Life Floating Rate Fund – Long Term Plan / Birla Sun Life Gift Plus / Birla Sun Life Income Plus / Birla Sun Life Government Securities Fund / Birla Sun Life MIP# / Birla Sun Life MIP II# / Birla Sun Life Monthly Income# / Birla Sun Life Ultra Short Term Fund / Birla Sun Life Income Fund / Birla Sun Life Medium Term Plan. |
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| C. |
Liquid Fund Family |
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Birla Sun Life Cash Plus / Birla Sun Life Cash Manager / Birla Sun Life Floating Rate Fund – Short Term Plan |
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| #An Open ended income Scheme. Monthly income is not assured and is subject to availability of distributable surplus. |
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