A Systematic Transfer Plan (STP) lets you periodically transfer a fixed amount or units from one mutual fund (source fund) to another (target fund). STPs are created using your existing mutual fund holdings and help you systematically move investments between funds.
How STP works
Steps to create an STP
On FYERS App
- Open the FYERS App.
- Go to Portfolio → Holdings → Mutual Funds.
- Select the mutual fund holding you want to transfer from.
- Tap STP.
- Enter the transfer amount or units, select the frequency, start date, and target fund.
- Review the details (including DP charges) and tap Start STP.
On FYERS Web
- Log in to FYERS Web.
- Go to Portfolio → Holdings → Mutual Funds.
- Select the mutual fund holding you want to transfer from.
- Click STP.
- Enter the transfer amount or units, select the frequency, start date, and target fund.
- Review the details (including DP charges) and click Start STP.
Steps to track an STP
On FYERS App
- Open the FYERS App.
- Tap Orders from the bottom navigation bar.
- Select Mutual Funds → STP.
Tap an STP to view:
- Source and target funds
- Completed transfers
- Upcoming transfer date
- Transfer amount or units
- Transfer timeline
On FYERS Web
- Log in to FYERS Web.
- Go to Orders → Mutual Funds → STP.
Click an STP to view:
- Source and target funds
- Completed transfers
- Upcoming transfer date
- Transfer amount or units
- Transfer timeline
DP charges of ₹12.50 + 18% GST are deducted for every STP transfer, irrespective of the transfer frequency or amount.
What if…
| Scenario | Outcome |
|---|
| I do not have mutual fund holdings | STP cannot be created without existing units. |
| I do not select a target fund | STP creation cannot be completed. |
| Units are insufficient in the source fund | The scheduled transfer may fail. |
| Exit load applies on the source fund | Exit load is deducted during each STP transfer, if applicable. |
| I want to check past transfers | Completed transfers are visible in the STP timeline. |
Last updated: 09 Jan 2026