Sundaram MF Services Fund 728x90

STP with Annual Increase

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Total Initial Investment Amount STP Period No of Installments Total Amount Transferred Total No. Units Remaining Value as on Thu Mar 04 00:00:00 IST 2021 Current Value as on Thu Mar 04 00:00:00 IST 2021 Profit Returns (%)
1,000,000 04-03-2018 to 04-03-2021 19 118,200 23,510.88 1,584,798 1,584,798 702,998 14.7

STP - Transferee Scheme : Mirae Asset Cash Management Fund - Growth

STP Period No of Installments Total Amount Invested Total No. Units Accumulated Value as on Thu Mar 04 00:00:00 IST 2021 Current Value as on Thu Mar 04 00:00:00 IST 2021 Profit Returns (%)
04-03-2018 to 04-03-2021 19 118,200 59.39 1,711,805 127,007 8,807 4.96

STP - Total Returns:

Total Investment Amount Total Current Value Total Profit Total Returns (%)
1,000,000 1,711,805 711,805 14.39

Mirae Asset Large Cap Fund - Growth Plan

Nav Date Nav Units Cumulative Units Cash Flow Net Amount Capital Gain/Loss No. of Days
(Invested)
Current Value
06-03-2017 38.68 25,853.1541 25,853.1541 1,000,000 1,000,000 0 0 1,000,000
05-03-2018 46.254 129.7185 25,723.4356 -6,000 994,000 982.49 364 1,189,812
04-05-2018 46.851 128.0656 25,595.37 -6,000 988,000 1,046.42 424 1,199,169
04-07-2018 46.677 128.543 25,466.827 -6,000 982,000 1,027.96 485 1,188,715
04-09-2018 50.047 119.8873 25,346.9397 -6,000 976,000 1,362.76 547 1,268,538
05-11-2018 46.784 128.249 25,218.6908 -6,000 970,000 1,039.33 609 1,179,831
04-01-2019 47.547 126.1909 25,092.4998 -6,000 964,000 1,118.93 669 1,193,073
05-03-2019 48.661 123.302 24,969.1978 -6,000 958,000 1,230.68 729 1,215,026
06-05-2019 50.822 118.0591 24,851.1387 -6,000 952,000 1,433.47 791 1,262,985
04-07-2019 52.727 113.7937 24,737.345 -6,000 946,000 1,598.46 850 1,304,326
04-09-2019 48.439 123.8671 24,613.4779 -6,000 940,000 1,208.82 912 1,192,252
04-11-2019 53.329 112.5091 24,500.9687 -6,000 934,000 1,648.15 973 1,306,612
06-01-2020 53.481 112.1894 24,388.7794 -6,000 928,000 1,660.51 1,036 1,304,336
04-03-2020 51.046 129.2951 24,259.4842 -6,600 921,400 1,598.86 1,094 1,238,350
04-05-2020 41.843 157.7325 24,101.7517 -6,600 914,800 498.91 1,155 1,008,490
06-07-2020 48.285 136.6884 23,965.0633 -6,600 908,200 1,312.89 1,218 1,157,153
04-09-2020 51.657 127.7658 23,837.2975 -6,600 901,600 1,658.02 1,278 1,231,363
04-11-2020 53.692 122.9233 23,714.3741 -6,600 895,000 1,845.33 1,339 1,273,272
04-01-2021 62.511 105.5814 23,608.7927 -6,600 888,400 2,516.11 1,400 1,475,809
04-03-2021 67.407 97.9127 23,510.88 -6,600 881,800 2,812.74 1,459 1,584,798

Mirae Asset Cash Management Fund - Growth

Nav Date Nav Units Cumulative Units Cash Flow Amount Current Value
04-03-2018 1804.6117 3.3248 3.3248 6,000 6,000 6,000
04-05-2018 1826.3242 3.2853 6.6101 6,000 12,000 12,072
04-07-2018 1848.6294 3.2456 9.8558 6,000 18,000 18,220
04-09-2018 1870.8819 3.207 13.0628 6,000 24,000 24,439
04-11-2018 1893.7027 3.1684 16.2312 6,000 30,000 30,737
04-01-2019 1917.0478 3.1298 19.361 6,000 36,000 37,116
04-03-2019 1938.9888 3.0944 22.4554 6,000 42,000 43,541
05-05-2019 1963.4776 3.0558 25.5112 6,000 48,000 50,091
04-07-2019 1985.814 3.0214 28.5326 6,000 54,000 56,661
04-09-2019 2006.5919 2.9901 31.5228 6,000 60,000 63,253
04-11-2019 2025.2199 2.9626 34.4854 6,000 66,000 69,841
05-01-2020 2042.9786 2.9369 37.4223 6,000 72,000 76,453
04-03-2020 2060.1254 3.2037 40.626 6,600 78,600 83,695
04-05-2020 2079.0581 3.1745 43.8005 6,600 85,200 91,064
05-07-2020 2093.8109 3.1521 46.9527 6,600 91,800 98,310
04-09-2020 2104.9996 3.1354 50.088 6,600 98,400 105,435
04-11-2020 2116.5384 3.1183 53.2063 6,600 105,000 112,613
04-01-2021 2127.6649 3.102 56.3083 6,600 111,600 119,805
04-03-2021 2138.3568 3.0865 59.3948 6,600 118,200 127,007

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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