Quantum Mutual Fund has decided to introduce daily and weekly Systematic Transfer Plan (STP) under Quantum Liquid Fund. The minimum STP amount for the daily plan is Rs. 100 and in multiples of Rs 100 thereafter and for the weekly plan Rs. 500 and in multiples of Rs 100 thereafter. The minimum number of installments under the STP facility will be 132 and 24 respectively. SIP facility will be available only on mutual fund business days. The investor has to submit STP application at least 10 business days in advance before commencement date of daily STP and weekly STP. This facility came into effect for the investors from 16th April, 2010.
Source: www.karvymfs.com
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