Systematic Transfer Plan (STP) Calculator allows the customer to make a lump sum investment in a money-market or a debt oriented Mutual Fund Scheme (Source Scheme) and subsequently transfer partial amounts to any equity oriented Mutual Fund Scheme (Destination Scheme) at regular intervals.
This way the money continues to earn while it waits to be fully deployed in the equity scheme of choice.
The customer can choose from three frequencies (weekly, monthly and quarterly) to transfer investments from one scheme to another.
The STP Calculator helps to compute the final returns on the mutual fund investment taking into consideration a systematic transfer from a money market / debt oriented scheme to an equity fund.
Systematic Investment Plan Calculator is a utility, which will show the performance of scheme over period for systematic investments done.
This utility will be interfaced with existing web-site.
In addition of displaying the Systematic Investment Plan Results it will also show the customer his Return on Investment (CAGR), Performance Charts and Average Price Chart.
Database - Oracle 11g
Crystal Reports for Web
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