STP is a method to stagger money typically from a liquid fund to an equity fund over a period of time. An investor with cash wanting to make a lump sum investment but worried about near-term corrections uses this method. The twin advantage is that you make returns from the liquid fund and simultaneously stagger money into your equity fund.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,