Smart ways to Invest lumpsum into mutual funds

Someone has wisely said that one can not and should not time the market. This is why investing through Systematic Investment Plan (SIP's) works. Taking the SIP route takes away the risk to the larger extent, especially in long term. However, there is another option which suits to those investors who wish to invest lumpsum money into mutual funds i.e. Systematic Transfer Plan (STP). By opting Systematic Transfer Plan, an investor is able to invest lump sum amount into mutual fund with the option of transferring the fixed or flexible amount into a different scheme. Watch Mr. Uttam Agwarwal - Executive Vice President & Head La-Premier, Bajaj Capital interview with Zee Business to learn more.

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