Systematic Transfer Plan (STP) is a popular investment tool offered by mutual funds that allows investors to transfer a fixed amount of money from one scheme to another. STP is a way to systematically invest in mutual funds while also managing risk.

STP allows investors to transfer a fixed amount of money from a debt scheme to an equity scheme or vice versa, depending on their investment goals and risk appetite. This way, investors can manage their portfolio and gradually move towards their investment goals without exposing themselves to undue risk.