In STP, a fund house allows investors to invest a lump sum amount in one scheme and transfer regularly a pre-defined amount into another scheme.
Industry sources point out that the rate of growth of SIPs has been high in the past year.
Stock SIPs can be done in blue chip stocks, or a combination of midcap and blue chip stocks.
If you are a mutual fund investor, you must be getting messages from your distributor or fund house, requesting you to be FATCA compliant before the deadline of April 30.
With the stock market at record high and valuations pricey, you would do better off by adopting a less-riskier strategy of investing in equities.
Launched at the peak of the bull market in April 2007, it is a multicap fund with a value bias.
'After two and a half years of suppressed growth, a bounceback should happen this year.'
Brokers expect the stock to benefit from the consumption boom and good brand.
The company, known for its brands Bigboss and Force, is listed on Calcutta Stock Exchange.
In telecom, in the next two years' time, it will be a three-player industry with price parity.
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