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Kotak Mutual Fund Application Form

Kotak Mutual Fund Application Form

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Instructions and help about Kotak Mutual Fund Application Form

[Music] coated mutual-fund presents viral algae Funday know how to use SDB smartly systematic transfer plan or FTP is a smart tool offered by mutual funds that helps transfer funds automatically between two schemes at a predefined frequency let us understand this with an example mr. X has invested rupees 60,000 in scheme a assume that he wants to transfer rupees 10,000 every month from his existing investment in scheme a to scheme B with st p we can exactly do that mr. X simply needs to enroll for this service using a one-time registration process with the same AMC once registered rupees 10,000 would be automatically transferred from scheme a to scheme B on a pre selected date of every month after six months the STV would stop automatically as you would not have enough funds to transfer from scheme a what's more you can choose any one of the following three types of SDP with fixed SDP you can transfer a fixed amount from scheme a to scheme B while with capital appreciation SDP

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