How To Start STP in PPFAS Mutual Fund?



Finance Guru Speaks:  This article will guide you on how you can start STP (Systematic Transfer Plan) from one Fund to another in PPFAS Mutual Fund (Parag Parikh Financial Advisory Services Mutual Fund)

Some details about STP: If you have a lump-sum investment in Fund X, then by using STP you can systematically transfer a defined amount (Say Rs. 10,000 per month) in Fund Y. Remember both the funds X & Y should be from the same fund house.

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

It is better to register yourself to the Parag Parikh MF (PPFAS) website in order to perform online transactions like STP, Purchase, Redeem, etc. If you are an existing investor, you can follow this link to get yourself registered to this fund house. Make sure you have your Mobile No. and Email ID correctly registered in the fund house.

In this article, we will provide steps for starting STP from Parag Parikh Liquid Fund (SOURCE) to Parag Parikh Flexi Cap Fund (TARGET). However, you may select any other Mutual funds from this fund house, steps will remain the same.

Steps to start STP in PPFAS Mutual Fund:-


1. Visit PPFAS Self Invest Page by clicking here.

2. Login to your account by using Folio No., MPIN & OTP. 

Note: If you are not aware of your MPIN, you can generate MPIN through Forgot MPIN link:-

PPFAS MF Login Page
PPFAS MF Login Page
3. In the Home Page, click on Transfer -> Register STP as shown below:-
How To Start STP in PPFAS Mutual Fund
How To Start STP in PPFAS Mutual Fund
4. On the Next Page, enter the details like Source Fund (Parag Parikh Liquid Fund in our case), Target Fund (Parag Parikh Flexi Cap Fund - Direct Plan in our case), STP Frequency (e.g. Monthly), STP Amount (e.g. Transfer Rs. 2000 per month), STP Period, etc. and click on Submit button:-
How To Start STP in PPFAS Mutual Fund
How To Start STP in PPFAS Mutual Fund
Click to enlarge - How To Start STP in PPFAS Mutual Fund
5. Check all the details and click on Register STP button:-
How To Start STP in PPFAS Mutual Fund
Click to enlarge - How To Start STP in PPFAS Mutual Fund

Congratulations on your successful Online STP Registration of Parag Parikh Mutual Fund :-)
How To Start STP in PPFAS Mutual Fund
How To Start STP in PPFAS Mutual Fund

Images Courtesy: PPFAS Mutual Fund Website

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Sincerely,
Finance guru Speaks

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