To start an STP, you need to put in a lump sum amount in a debt scheme (liquid or ultra-short-term fund) and transfer a predefined amount into another scheme, typically an equity fund.
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B)