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.
Motilal Oswal net profit soars, to issue bonus shares
The company’s revenue from operations soared by 108% to 2,141.3 crore from 1,027.4 crore in the previous year. For FY24, the company posted a consolidated