JPMorgan AMC offers Optimiser Systematic Transfer Plan

JPMorgan Asset Management India Private Limited (JPMAMIPL) announced their Optimiser systematic transfer plan. With this option, investors can invest a lump sum amount in JPMorgan India Liquid Fund or JPMorgan India Liquid Plus Fund and through STP, a prefixed amount, as indicated by the investor, will be transferred periodically (daily, weekly, monthly or quarterly) from this fund to any of the existing equity schemes managed by JPMorgan Mutual Fund.

In volatile markets, STP has proved more successful for investors who have a lump sum amount to invest. Through this option an investor minimizes his risk by parking his money into liquid funds initially to benefit from a more secure income stream, while transferring smaller amounts out to the equities space for long-term capital appreciation. Given the daily transfer option, investors can now look forward to better rupee cost averaging as they make the most of the current market’s ups and downs.

Krishnamurthy Vijayan, Wholetime Director and CEO, JPMAMIPL said: “Think of this STP as a systematic investment plan for investors with lumpy cash flows: say, a film professional, or a person who gets a good annual bonus. Averaging that investment out into equity schemes through an STP (especially a daily one) can help such investors make the most of volatile market conditions.”

The details of the schemes available for transfer are illustrated in the table below:

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