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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 Fri Aug 19 00:00:00 IST 2022 Current Value as on Fri Aug 19 00:00:00 IST 2022 Profit Returns (%)
1,000,000 19-08-2019 to 19-08-2022 19 118,200 17,930.76 1,418,539 1,418,539 536,739 11.73

STP - Transferee Scheme : Mirae Asset Cash Mngmt Gr

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Fri Aug 19 00:00:00 IST 2022 Current Value as on Fri Aug 19 00:00:00 IST 2022 Profit Returns (%)
19-08-2019 to 19-08-2022 19 118,200 55.4 1,543,398 124,860 6,660 3.78

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,543,398 543,398 11.46

Mirae Asset Large Cap Gr

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
20-08-2018 50.329 19,869.2603 19,869.2603 1,000,000 1,000,000 0 0 1,000,000
19-08-2019 49.097 122.2071 19,747.0532 -6,000 994,000 -150.56 364 969,521
22-10-2019 51.539 116.4167 19,630.6365 -6,000 988,000 140.86 428 1,011,743
19-12-2019 54.372 110.3509 19,520.2856 -6,000 982,000 446.15 486 1,061,357
19-02-2020 54.253 110.593 19,409.6926 -6,000 976,000 433.97 548 1,053,034
20-04-2020 42.428 141.416 19,268.2766 -6,000 970,000 -1,117.33 609 817,514
19-06-2020 45.913 130.6819 19,137.5946 -6,000 964,000 -577.09 669 878,664
19-08-2020 52.008 115.3669 19,022.2278 -6,000 958,000 193.7 730 989,308
19-10-2020 53.429 112.2986 18,909.9292 -6,000 952,000 348.13 791 1,010,339
21-12-2020 58.896 101.8745 18,808.0547 -6,000 946,000 872.76 854 1,107,719
19-02-2021 66.683 89.978 18,718.0768 -6,000 940,000 1,471.5 914 1,248,178
19-04-2021 63.863 93.9511 18,624.1257 -6,000 934,000 1,271.53 973 1,189,393
21-06-2021 70.61 84.9738 18,539.1519 -6,000 928,000 1,723.35 1,036 1,309,050
20-08-2021 73.981 89.2121 18,449.9398 -6,600 921,400 2,110.04 1,096 1,364,945
19-10-2021 83.127 79.3966 18,370.5432 -6,600 914,800 2,604.05 1,156 1,527,088
20-12-2021 75.229 87.7321 18,282.8111 -6,600 908,200 2,184.53 1,218 1,375,398
21-02-2022 76.833 85.9006 18,196.9105 -6,600 901,600 2,276.71 1,281 1,398,123
19-04-2022 76.113 86.7132 18,110.1973 -6,600 895,000 2,235.81 1,338 1,378,421
20-06-2022 68.745 96.007 18,014.1903 -6,600 888,400 1,768.06 1,400 1,238,386
19-08-2022 79.112 83.426 17,930.7643 -6,600 881,800 2,401.25 1,460 1,418,539

Mirae Asset Cash Mngmt Gr

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
19-08-2019 2001.6814 2.9975 2.9975 6,000 6,000 6,000
21-10-2019 2021.2235 2.9685 5.966 6,000 12,000 12,059
19-12-2019 2038.0602 2.944 8.91 6,000 18,000 18,159
19-02-2020 2055.9307 2.9184 11.8283 6,000 24,000 24,318
19-04-2020 2075.5428 2.8908 14.7192 6,000 30,000 30,550
19-06-2020 2090.5166 2.8701 17.5893 6,000 36,000 36,771
19-08-2020 2102.093 2.8543 20.4436 6,000 42,000 42,974
19-10-2020 2113.6815 2.8386 23.2822 6,000 48,000 49,211
20-12-2020 2124.7819 2.8238 26.106 6,000 54,000 55,470
21-02-2021 2136.4987 2.8083 28.9144 6,000 60,000 61,775
19-04-2021 2147.3779 2.7941 31.7085 6,000 66,000 68,090
20-06-2021 2159.1206 2.7789 34.4874 6,000 72,000 74,462
19-08-2021 2171.2261 3.0398 37.5271 6,600 78,600 81,480
19-10-2021 2182.4677 3.0241 40.5512 6,600 85,200 88,502
19-12-2021 2194.6187 3.0074 43.5586 6,600 91,800 95,594
20-02-2022 2207.772 2.9894 46.548 6,600 98,400 102,767
19-04-2022 2220.5301 2.9723 49.5203 6,600 105,000 109,961
19-06-2022 2235.1982 2.9528 52.473 6,600 111,600 117,288
19-08-2022 2253.7227 2.9285 55.4015 6,600 118,200 124,860

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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