Aditya Birla Sun Life MF launches turbo STP. An explainer on how it works
Updated: 14 Sep 2022, 12:15 PM IST
TL;DR.The mutual fund unit holders can opt to transfer variable amounts from a source scheme to a target scheme at regular intervals. Investors can invest more at attractive market valuation levels and less when valuations are expensive.
The amount will be determined based on the results from an in-house model that helps ascertain market valuation.