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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 Mon Aug 16 00:00:00 IST 2021 Current Value as on Thu Oct 14 00:00:00 IST 2021 Profit Returns (%)
1,000,000 15-10-2018 to 15-10-2021 18 111,600 19,630.21 1,465,630 1,629,288 740,888 15.35

STP - Transferee Scheme : Mirae Asset Cash Mngmt Gr

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Mon Aug 16 00:00:00 IST 2021 Current Value as on Thu Oct 14 00:00:00 IST 2021 Profit Returns (%)
15-10-2018 to 15-10-2021 18 111,600 54.48 1,748,134 118,847 7,247 4.1

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,748,134 748,134 15

Mirae Asset Large Cap Gr

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
16-10-2017 46.024 21,727.7942 21,727.7942 1,000,000 1,000,000 0 0 1,000,000
15-10-2018 46.155 129.9968 21,597.7974 -6,000 994,000 17.03 364 996,846
17-12-2018 48.285 124.2622 21,473.5353 -6,000 988,000 280.96 427 1,036,850
15-02-2019 46.995 127.6732 21,345.8621 -6,000 982,000 123.97 487 1,003,149
15-04-2019 51.377 116.7838 21,229.0783 -6,000 976,000 625.14 546 1,090,686
17-06-2019 51.245 117.0846 21,111.9937 -6,000 970,000 611.3 609 1,081,884
16-08-2019 49.032 122.3691 20,989.6247 -6,000 964,000 368.09 669 1,029,163
15-10-2019 50.494 118.826 20,870.7987 -6,000 958,000 531.15 729 1,053,850
16-12-2019 53.849 111.4227 20,759.376 -6,000 952,000 871.88 791 1,117,872
17-02-2020 53.674 111.786 20,647.59 -6,000 946,000 855.16 854 1,108,239
15-04-2020 40.598 147.7905 20,499.7995 -6,000 940,000 -801.91 912 832,251
15-06-2020 43.916 136.6245 20,363.175 -6,000 934,000 -288 973 894,269
17-08-2020 51.056 117.518 20,245.657 -6,000 928,000 591.35 1,036 1,033,662
15-10-2020 52.47 125.7862 20,119.8708 -6,600 921,400 810.82 1,095 1,055,690
15-12-2020 60.2 109.6346 20,010.2363 -6,600 914,800 1,554.18 1,156 1,204,616
15-02-2021 68.185 96.7955 19,913.4408 -6,600 908,200 2,145.08 1,218 1,357,798
15-04-2021 64.711 101.9919 19,811.4489 -6,600 901,600 1,905.92 1,277 1,282,019
15-06-2021 71.087 92.844 19,718.6049 -6,600 895,000 2,326.95 1,338 1,401,736
16-08-2021 74.662 88.3984 19,630.2065 -6,600 888,400 2,531.55 1,400 1,465,630

Mirae Asset Cash Mngmt Gr

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
15-10-2018 1885.9658 3.1814 3.1814 6,000 6,000 6,000
16-12-2018 1909.9462 3.1414 6.3228 6,000 12,000 12,076
15-02-2019 1932.693 3.1045 9.4273 6,000 18,000 18,220
15-04-2019 1956.0173 3.0675 12.4948 6,000 24,000 24,440
16-06-2019 1979.4204 3.0312 15.526 6,000 30,000 30,732
15-08-2019 2000.4406 2.9993 18.5253 6,000 36,000 37,059
15-10-2019 2019.48 2.9711 21.4964 6,000 42,000 43,411
15-12-2019 2036.8651 2.9457 24.4421 6,000 48,000 49,785
16-02-2020 2055.0552 2.9196 27.3617 6,000 54,000 56,230
15-04-2020 2074.1322 2.8928 30.2545 6,000 60,000 62,752
15-06-2020 2089.6264 2.8713 33.1258 6,000 66,000 69,221
16-08-2020 2101.4329 2.8552 35.981 6,000 72,000 75,612
15-10-2020 2112.9539 3.1236 39.1046 6,600 78,600 82,626
15-12-2020 2123.8575 3.1076 42.2121 6,600 85,200 89,653
15-02-2021 2135.3148 3.0909 45.303 6,600 91,800 96,736
15-04-2021 2146.619 3.0746 48.3776 6,600 98,400 103,848
15-06-2021 2158.2549 3.058 51.4356 6,600 105,000 111,011
16-08-2021 2170.5892 3.0406 54.4763 6,600 111,600 118,246

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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