The Systematic Transfer Plan (STP)
- Your investment of a minimum of Rs 50 lakhs would be initially invested in the Ace Lansdowne Liquid Strategy.
- You have the option of transferring the investment in 5 monthly instalments (@ of 20% / month) OR in 10 monthly instalments (@ of 10% / month) into the PMS strategy of your choice.
- The 1st instalment, will by default, be transferred to the selected PMS strategy on the very next working day so as to initiate the investment process.
- Subsequent instalments will be deducted on the 5th of subsequent months.
- A cut-off date of 20th of the month will be applicable for deciding the instalment timings of the 2nd instalment onwards.
Scenarios to explain the cut-off system
Investments Received on or before the 20th of the month
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Initial Investment in liquid Strategy on October 18
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1st Instalment Transfer to the selected PMS Strategy on October 19th
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Next instalment would be transferred on November 5th
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Balance instalments will continue on a monthly basis from December 5th onwards
Investments Received post the 20th of the month
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Initial Investment in liquid Strategy on October 24th
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1st Instalment Transfer to the selected PMS Strategy on October 25th
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Next instalment would be transferred on December 5th
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Balance instalments will continue on a monthly basis from January 5th onwards
NOTE: Clients may also choose to divide their investment amount into our different strategies in any ratio