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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 Jun 01 00:00:00 IST 2021 Current Value as on Fri Jul 30 00:00:00 IST 2021 Profit Returns (%)
1,000,000 01-08-2018 to 01-08-2021 18 111,600 20,127.34 1,391,262 1,455,811 567,411 12.3

STP - Transferee Scheme : Mirae Asset Cash Mngmt Gr

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Tue Jun 01 00:00:00 IST 2021 Current Value as on Sun Aug 01 00:00:00 IST 2021 Profit Returns (%)
01-08-2018 to 01-08-2021 18 111,600 55.05 1,575,133 119,322 7,722 4.36

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,575,133 575,133 12.02

Mirae Asset Large Cap Gr

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
01-08-2017 44.858 22,292.5677 22,292.5677 1,000,000 1,000,000 0 0 1,000,000
01-08-2018 49.005 122.4365 22,170.1312 -6,000 994,000 507.74 365 1,086,447
01-10-2018 47.747 125.6623 22,044.4688 -6,000 988,000 363.04 426 1,052,557
03-12-2018 48.15 124.6106 21,919.8582 -6,000 982,000 410.22 489 1,055,441
01-02-2019 48.084 124.7816 21,795.0766 -6,000 976,000 402.55 549 1,047,994
01-04-2019 51.346 116.8543 21,678.2223 -6,000 970,000 758.15 608 1,113,090
03-06-2019 52.976 113.2588 21,564.9635 -6,000 964,000 919.44 671 1,142,426
01-08-2019 48.979 122.5015 21,442.462 -6,000 958,000 504.83 730 1,050,230
01-10-2019 50.288 119.3128 21,323.1492 -6,000 952,000 647.87 791 1,072,299
02-12-2019 53.834 111.4537 21,211.6955 -6,000 946,000 1,000.41 853 1,141,910
03-02-2020 52.338 114.6395 21,097.0561 -6,000 940,000 857.5 916 1,104,178
01-04-2020 37.536 159.8465 20,937.2095 -6,000 934,000 -1,170.4 974 785,899
01-06-2020 44.053 136.1996 20,801.0099 -6,000 928,000 -109.64 1,035 916,347
03-08-2020 49.191 134.1709 20,666.839 -6,600 921,400 581.36 1,098 1,016,622
01-10-2020 52.018 126.8792 20,539.9599 -6,600 914,800 908.45 1,157 1,068,448
01-12-2020 58.216 113.3709 20,426.589 -6,600 908,200 1,514.41 1,218 1,189,154
01-02-2021 63.547 103.8601 20,322.7289 -6,600 901,600 1,941.04 1,280 1,291,448
01-04-2021 66.064 99.9031 20,222.8257 -6,600 895,000 2,118.55 1,339 1,336,001
01-06-2021 69.123 95.482 20,127.3438 -6,600 888,400 2,316.87 1,400 1,391,262

Mirae Asset Cash Mngmt Gr

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
01-08-2018 1858.7573 3.228 3.228 6,000 6,000 6,000
01-10-2018 1880.6829 3.1903 6.4183 6,000 12,000 12,071
02-12-2018 1904.6222 3.1502 9.5685 6,000 18,000 18,224
01-02-2019 1927.4644 3.1129 12.6814 6,000 24,000 24,443
01-04-2019 1950.6056 3.076 15.7574 6,000 30,000 30,736
02-06-2019 1974.343 3.039 18.7964 6,000 36,000 37,110
01-08-2019 1995.7628 3.0064 21.8027 6,000 42,000 43,513
01-10-2019 2014.8084 2.978 24.7807 6,000 48,000 49,928
01-12-2019 2033.0153 2.9513 27.732 6,000 54,000 56,380
02-02-2020 2050.8404 2.9256 30.6576 6,000 60,000 62,874
02-04-2020 2070.4754 2.8979 33.5555 6,000 66,000 69,476
01-06-2020 2086.6623 2.8754 36.4309 6,000 72,000 76,019
02-08-2020 2098.6794 3.1448 39.5757 6,600 78,600 83,057
01-10-2020 2110.2054 3.1277 42.7034 6,600 85,200 90,113
01-12-2020 2121.4762 3.111 45.8144 6,600 91,800 97,194
01-02-2021 2132.5597 3.0949 48.9093 6,600 98,400 104,302
04-04-2021 2144.5616 3.0776 51.9869 6,600 105,000 111,489
01-06-2021 2155.4798 3.062 55.0488 6,600 111,600 118,657

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.

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