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.
JSW Infrastructure shares debut at 20% premium over IPO price
JSW Infrastructure has priced the issue in the range of Rs 113-119 per share. The IPO, which is entirely a fresh equity issue of Rs