Aditya Birla Mutual Fund STP form is helpful when an investor wants to systematically transfer a fixed amount of money or units from one investment scheme to another scheme.
Investor can transfer ‘OUT’ investment from Aditya Birla Mutual Fund scheme from any open ended scheme and transfer ‘IN’ to any ABSL scheme.
- Daily, Weekly, Monthly & Quarterly Option available for STP.
- Daily STP not allow under Aditya Birla Sun Life Gold Fund.
- Form should submit at least 5 business day before commencement date.
- Date for STP : 1, 7, 10, 14, 20, 21, 28
ABSL STP Registration automatically terminate in the following cases:
- Termination occurs if the balance in the Source scheme falls below the STP amount registered.
- If the balance in the Source scheme reaches zero, the registration terminate.