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STP with Annual Increase

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STP - Transferor Scheme : Mirae Asset Large Cap Gr

Total Initial Investment Amount STP Period No of Installments Total Amount Transferred Total No. Units Remaining Value as on Tue Mar 16 00:00:00 IST 2021 Current Value as on Fri May 14 00:00:00 IST 2021 Profit Returns (%)
1,000,000 16-05-2018 to 16-05-2021 18 111,600 21,553.68 1,433,902 1,407,671 519,271 11.41

STP - Transferee Scheme : Mirae Asset Cash Mngmt Gr

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Tue Mar 16 00:00:00 IST 2021 Current Value as on Sun May 16 00:00:00 IST 2021 Profit Returns (%)
16-05-2018 to 16-05-2021 18 111,600 55.68 1,527,514 119,843 8,243 4.65

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,527,514 527,514 11.16

Mirae Asset Large Cap Gr

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
16-05-2017 42.069 23,770.4723 23,770.4723 1,000,000 1,000,000 0 0 1,000,000
16-05-2018 46.842 128.0902 23,642.3821 -6,000 994,000 611.37 365 1,107,456
16-07-2018 46.655 128.6036 23,513.7786 -6,000 988,000 589.78 426 1,097,035
17-09-2018 49.789 120.5085 23,393.27 -6,000 982,000 930.33 489 1,164,728
16-11-2018 47.371 126.6598 23,266.6102 -6,000 976,000 671.55 549 1,102,163
16-01-2019 48.143 124.6287 23,141.9815 -6,000 970,000 756.99 610 1,114,124
18-03-2019 50.591 118.5982 23,023.3834 -6,000 964,000 1,010.69 671 1,164,776
16-05-2019 49.164 122.0405 22,901.3429 -6,000 958,000 865.88 730 1,125,922
16-07-2019 51.597 116.2858 22,785.057 -6,000 952,000 1,107.97 791 1,175,641
16-09-2019 49.275 121.7656 22,663.2914 -6,000 946,000 877.44 853 1,116,734
18-11-2019 53.085 113.0263 22,550.2651 -6,000 940,000 1,245.1 916 1,197,081
16-01-2020 55.189 108.7173 22,441.5478 -6,000 934,000 1,426.37 975 1,238,527
16-03-2020 42.067 142.6296 22,298.9182 -6,000 928,000 -0.29 1,035 938,049
18-05-2020 39.603 166.654 22,132.2642 -6,600 921,400 -410.97 1,098 876,504
16-07-2020 48.23 136.8443 21,995.4199 -6,600 914,800 843.1 1,157 1,060,839
16-09-2020 53.05 124.4109 21,871.0089 -6,600 908,200 1,366.16 1,219 1,160,257
17-11-2020 57.699 114.3867 21,756.6222 -6,600 901,600 1,787.86 1,281 1,255,335
18-01-2021 63.625 103.7328 21,652.8894 -6,600 895,000 2,236.06 1,343 1,377,665
16-03-2021 66.527 99.2078 21,553.6816 -6,600 888,400 2,426.43 1,400 1,433,902

Mirae Asset Cash Mngmt Gr

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
16-05-2018 1830.2892 3.2782 3.2782 6,000 6,000 6,000
16-07-2018 1852.9743 3.238 6.5162 6,000 12,000 12,074
16-09-2018 1875.1799 3.1997 9.7159 6,000 18,000 18,219
16-11-2018 1898.4473 3.1605 12.8764 6,000 24,000 24,445
16-01-2019 1921.5327 3.1225 15.9989 6,000 30,000 30,742
17-03-2019 1944.0453 3.0863 19.0852 6,000 36,000 37,103
16-05-2019 1967.751 3.0492 22.1344 6,000 42,000 43,555
16-07-2019 1990.2995 3.0146 25.149 6,000 48,000 50,054
16-09-2019 2010.2766 2.9847 28.1337 6,000 54,000 56,556
17-11-2019 2028.7963 2.9574 31.0911 6,000 60,000 63,078
16-01-2020 2045.911 2.9327 34.0238 6,000 66,000 69,610
16-03-2020 2063.5815 2.9076 36.9313 6,000 72,000 76,211
17-05-2020 2083.4293 3.1679 40.0992 6,600 78,600 83,544
16-07-2020 2095.7277 3.1493 43.2485 6,600 85,200 90,637
16-09-2020 2107.0774 3.1323 46.3808 6,600 91,800 97,728
16-11-2020 2118.7635 3.115 49.4958 6,600 98,400 104,870
17-01-2021 2129.6014 3.0992 52.595 6,600 105,000 112,006
16-03-2021 2140.5063 3.0834 55.6783 6,600 111,600 119,180

Mutual Fund Investors are aware about Systematic Transfer Plan or STP as it is known popularly. What is STP and how it works can be read here Thinking of Lumpsum investments in mutual funds: What about STP. In a normal STP, generally investors can transfer a fixed amount at a fixed frequency from one scheme to another over a period of time. Investors may also be aware that through STP, you can also transfer only the profits made on your investments in a mutual fund scheme to another of the same AMC. For example you have invested in an equity fund and given a mandate to the AMC to transfer the profits, if any, after a period of time at certain intervals. The AMC will check if you have profits in your equity fund and transfer only the profit amount to another scheme which you have chosen while giving the above mandate. The tool Mutual Fund STP Calculator Profit Transfer helps you understand this better.

However, we can try another innovative way of doing STP You can call it STP with Annual increase. The concept is that you can decide to increase the STP amount annually by a certain percentage / or by increasing the fixed amount. This helps you increase the allocation to the transferee every year and benefit by rupee cost averaging. But most of the AMCs do not provide this facility through a standard product. Therefore, if you want to use this innovative option, you should give STP mandate annually by increasing the amount to the extent you want. You can back test the results, by selecting an equity/ hybrid or any aggressive scheme of your choice, input the lump sum investment amount, select the to/ from dates, frequency in which you want to do the STP and a scheme (preferably an aggressive fund) from the same AMC and select the annual increase percentage. You will get the results along with detailed cash flow, returns in XIRR Percentage and the STP amounts which are transferred to the other scheme every month and how it increases every year to the extent of increase you opted for. This method of STP is ideal for investors who want not only a sustainable transfer from their investments but also want to increase their allocation to riskier funds gradually. To get the best results, it is suggested to start with a small STP amount and gradually increase it over the months/ years.

Advisorkhoj develops innovative mutual fund research tools that may help you in your mutual fund investments. Mutual Fund Distributors wanting to display Mutual Fund Research on their website may write to pradip@advisorkhoj.com for APIs. We would be happy to get your feedback, suggestions. Please leave your comments below.

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