STP from one Fund to Multiple Funds

Q & A ForumCategory: InvestmentsSTP from one Fund to Multiple Funds
Dipa asked 9 years ago
Hi is it possible to do STP on more than 2 funds? For example  I invest 1lac on fund A and set up stp of 1000 for fund B and stp of 3000 for fund C or even more than 2?
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1 Answers
Sreekanth Staff answered 9 years ago
Hi, Yes, it is possible and allowed. However, for every STP registration with a new transferee fund, there would have to be a fresh request ..
For eg:
1. STP registration request can be set up for from Fund A to Fund B
2. For fund C, register a new STP from Fund A to Fund C
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