Is there SWP and STP is available in fyers direct ?
P5riXHjRDF
(Inactive Member)
August 2, 2021, 10:34am
2
Hey @sravan_kumar_yanamandra ,
Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) are currently not available in Fyers Direct.
We’ll communicate this with the team and try to come up with it in the future.
Thanks!
Any Plan of SWP and STP in Fyers till today?
ZLZqxJsD0a
(Inactive Member)
November 28, 2023, 6:00am
4
Hi @jitender.ymca-a9y . So we are currently we are working on adding new features for our FYERS Direct, in which we are going to introduce SWP and STP. Stay Tuned.
Any updates on that?..add mutual fund holding in application too
ZLZqxJsD0a
(Inactive Member)
December 27, 2023, 12:54pm
6
Hi Nishil! so as we are building the App, in that we will take it forward. Soon you will have these features in MF
Hey @sravan_kumar_yanamandra , both SWP and STP are available on FYERS . You can set them up and manage them directly through FYERS Web or App.
For more details, check out:
Introducing SWP in Mutual Funds:
If you have been investing through mutual funds for a few years, the next question is usually about withdrawals.
When to take out
How much to take out?
How often to take out?
Without a clear process, most people withdraw only when there is an immediate need, not when it actually makes sense.
That is the gap SWP fills.
What is SWP
A Systematic Withdrawal Plan lets you withdraw a fixed amount from a mutual fund at regular intervals such as monthly, quarterly, however you prefer. Think of it a…
Introducing STP in Mutual Funds:
You have been invested in a fund for a few years. The money has been growing steadily. But you come across another fund that looks more promising and you want to move into it, without pulling fresh money out of your pocket.
That is what STP is for.
What is STP
A Systematic Transfer Plan lets you transfer a fixed amount from one mutual fund to another at regular intervals. Instead of moving everything at once, the transfer happens in smaller parts over time, while the remaining amount stays inv…