HSBC_MF_Astronaut_Baby_New_728x90

STP with Annual Increase

Submit

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 Nov 22 00:00:00 IST 2021 Current Value as on Fri Jan 21 00:00:00 IST 2022 Profit Returns (%)
1,000,000 22-01-2019 to 22-01-2022 18 111,600 18,048.13 1,418,060 1,429,448 541,048 11.81

STP - Transferee Scheme : Mirae Asset Cash Mngmt Gr

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Mon Nov 22 00:00:00 IST 2021 Current Value as on Sun Jan 23 00:00:00 IST 2022 Profit Returns (%)
22-01-2019 to 22-01-2022 18 111,600 53.79 1,547,876 118,428 6,828 3.85

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,547,876 547,876 11.52

Mirae Asset Large Cap Gr

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
22-01-2018 49.767 20,093.6363 20,093.6363 1,000,000 1,000,000 0 0 1,000,000
22-01-2019 48.026 124.9323 19,968.704 -6,000 994,000 -217.51 365 959,017
22-03-2019 50.465 118.8943 19,849.8097 -6,000 988,000 82.99 424 1,001,721
22-05-2019 51.08 117.4628 19,732.3469 -6,000 982,000 154.23 485 1,007,928
22-07-2019 50.414 119.0146 19,613.3324 -6,000 976,000 77 546 988,787
23-09-2019 51.693 116.0699 19,497.2625 -6,000 970,000 223.55 609 1,007,872
22-11-2019 53.287 112.5978 19,384.6647 -6,000 964,000 396.34 669 1,032,951
22-01-2020 54.1 110.9057 19,273.7589 -6,000 958,000 480.55 730 1,042,710
23-03-2020 34.456 174.1351 19,099.6238 -6,000 952,000 -2,666.18 791 658,097
22-05-2020 40.284 148.9425 18,950.6813 -6,000 946,000 -1,412.42 851 763,409
22-07-2020 49.975 120.06 18,830.6213 -6,000 940,000 24.97 912 941,060
22-09-2020 50.776 118.1661 18,712.4552 -6,000 934,000 119.23 974 950,144
23-11-2020 57.521 104.3097 18,608.1455 -6,000 928,000 808.82 1,036 1,070,359
22-01-2021 63.94 103.2218 18,504.9237 -6,600 921,400 1,462.96 1,096 1,183,205
22-03-2021 65.472 100.8065 18,404.1173 -6,600 914,800 1,583.17 1,155 1,204,954
24-05-2021 67.814 97.325 18,306.7922 -6,600 908,200 1,756.42 1,218 1,241,457
22-07-2021 72.231 91.3735 18,215.4187 -6,600 901,600 2,052.61 1,277 1,315,718
22-09-2021 79.246 83.285 18,132.1338 -6,600 895,000 2,455.16 1,339 1,436,899
22-11-2021 78.571 84.0005 18,048.1333 -6,600 888,400 2,419.55 1,400 1,418,060

Mirae Asset Cash Mngmt Gr

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
22-01-2019 1923.7787 3.1189 3.1189 6,000 6,000 6,000
22-03-2019 1945.8946 3.0834 6.2023 6,000 12,000 12,069
22-05-2019 1970.0833 3.0456 9.2478 6,000 18,000 18,219
22-07-2019 1992.3253 3.0116 12.2594 6,000 24,000 24,425
22-09-2019 2011.8652 2.9823 15.2417 6,000 30,000 30,664
22-11-2019 2030.2945 2.9552 18.1969 6,000 36,000 36,945
22-01-2020 2047.6309 2.9302 21.1271 6,000 42,000 43,261
22-03-2020 2062.9783 2.9084 24.0356 6,000 48,000 49,585
22-05-2020 2084.8727 2.8779 26.9134 6,000 54,000 56,111
22-07-2020 2096.7873 2.8615 29.775 6,000 60,000 62,432
22-09-2020 2108.1935 2.846 32.621 6,000 66,000 68,771
22-11-2020 2119.9838 2.8302 35.4512 6,000 72,000 75,156
22-01-2021 2130.5176 3.0978 38.549 6,600 78,600 82,129
22-03-2021 2141.8325 3.0815 41.6305 6,600 85,200 89,166
23-05-2021 2153.7488 3.0644 44.6949 6,600 91,800 96,262
22-07-2021 2165.5883 3.0477 47.7426 6,600 98,400 103,391
22-09-2021 2177.4336 3.0311 50.7737 6,600 105,000 110,556
22-11-2021 2189.1807 3.0148 53.7885 6,600 111,600 117,753

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.

comments powered by Disqus
Feedback
Notification