Featured Post

How To Advance Claim or Withdraw EPF Balance Due To COVID19?

Finance Guru Speaks:   This is a very important article on how you can apply for Advance Claim ( Withdraw ) of your Employee Provident ...

How To Register Online STP In DSP Mutual Fund?



Finance Guru Speaks: Do you want to register STP (Systematic Transfer Plan) and transfer your units or amount from one Mutual Fund to another in DSP Mutual Fund House?

If you have a lump-sum investment in Fund X, by using STP you can systematically transfer a defined amount (Say Rs. 5000 per month) in Fund Y. Remember both the funds X & Y should be from the same fund house.

Many investors are using STP route to systematically transfer the amount from Debt Mutual Fund to Equity Mutual Fund or vice versa.

Inorder to register online for STP, you should be an existing DSP MF investor and get registered to its DSP Mutual Fund website to avail Username and Password by clicking on Create your account link.


Steps to Register Online STP in DSP Mutual Fund:-


1. Open DSP Mutual Fund website and click on Log In after providing your registered Username and Password:-
DSP MF- Login Page
DSP MF- Login Page
 2. In the Home Page, click on New transaction -> Start STP as shown below:-
DSP BR MF - Start STP
DSP MF - Start STP
 3. Select your Source Fund and Target Fund. Select Plan as Direct.
DSP BR MF - Start STP
Click to enlarge - DSP MF - Start STP



4. Fill all the details like STP Amount, Tenure, STP Frequency, 1st STP installment date etc. as shown below and click on Review STP button.
DSP BR MF - Start STP
Click to enlarge - DSP MF - Start STP
5. Confirm the details:-
DSP BR MF - Start STP
DSP MF - Start STP

Congratulations on your successful online STP registration of DSP Mutual Fund :-)

Please help to like, share and comment on this article over your Social Networks. Thanks.

Images Courtesy: DSP Mutual Fund Website

Also read:

More Articles on Mutual Funds

No comments:

Post a comment

Thanks for your interest. Keep visiting.


Sincerely,
Finance guru Speaks

Subscribe for Free

Enter your email address:

Delivered by FeedBurner

FeedBurner will send a confirmation email on your provided Email address. Click the Activation link present in the received Email to start your subscription.