SWP
See how long your money lasts when you withdraw a fixed amount every month.
Mutual funds
STP calculator
Move money from one fund to another in regular instalments and see where each part ends up.
a month
months
Leave empty to keep moving until the source fund runs out.
%
Often a debt or liquid fund.
%
Often an equity fund. Assumed, not promised.
years
Monthly rate
Moving ₹50,000 a month out of ₹12,00,000 over 5 years, with 7% in the source fund and 12% in the target, the two funds together could be ₹20.75 lakh on paper. The source fund is empty after 2 years 2 months.
- Against moving it all on day one
- ₹21,80,036The transfer plan is ₹1,05,096 behind on paper.
- Against leaving it in the source fund
- ₹17,01,150The transfer plan is ₹3,73,790 ahead on paper.
- Value with the transfer plan
- ₹20,74,940≈ ₹20.75 lakh
- Left in the source fund
- ₹0≈ ₹0
- Now in the target fund
- ₹20,74,940≈ ₹20.75 lakh
- Transfers made
- 26₹12.88 lakh moved in all
Three paths, year by year
Tap or hover the chart, or use the slider, to read any year.
- With the transfer plan
- All moved on day one
- Left in the source fund
After 5 years
With the transfer plan
₹20,74,940
All moved on day one
₹21,80,036
Left in the source fund
₹17,01,150
Year-by-year table
| Year | With the transfer plan | All moved on day one | Left in the source fund |
|---|---|---|---|
| 0 | ₹12,00,000 | ₹12,00,000 | ₹12,00,000 |
| 1 | ₹13,03,971 | ₹13,52,190 | ₹12,86,748 |
| 2 | ₹14,50,385 | ₹15,23,682 | ₹13,79,767 |
| 3 | ₹16,34,153 | ₹17,16,923 | ₹14,79,511 |
| 4 | ₹18,41,404 | ₹19,34,671 | ₹15,86,465 |
| 5 | ₹20,74,940 | ₹21,80,036 | ₹17,01,150 |
Where the money is
Tap a segment to see its rupees.
Now in the target fund₹20.75 lakh100% of total
Of the ₹20,74,940 in all, ₹0 is still in the source fund and ₹20,74,940 is in the target fund.
What next
How it works
A systematic transfer plan moves a fixed amount from one fund (the source) into another (the target) every month. What is left in the source keeps growing at the source return, and what has moved grows at the target return.
Each month: move min(transfer, source balance), then source x (1 + i source), target x (1 + i target)
The page then compares the plan with two other paths over the same period: moving everything to the target on day one, and never moving anything.
A worked example
Start with ₹12,00,000 in the source fund at 7 a year, move ₹50,000 a month into a target fund at 12 a year, and look at 5 years. The source empties in month 26. At the end the plan holds ₹20,74,940. Moving it all on day one would have given ₹21,80,036, and leaving it in the source ₹17,01,150. These are results of the rates you entered. In real markets the order could be reversed.
What it leaves out
- Tax on the gains each time units leave the source fund.
- Exit load on the source fund.
- Fund charges.
- Any change in either return over time.
Questions people ask
What is an STP for?
It lets you move a sum into a different kind of fund in steps rather than at once. People use it to spread the entry over several months. This page shows the arithmetic of that choice, not whether it is a good one.
Why can the plan end lower than moving everything on day one?
If you assume the target fund earns more than the source, money moved earlier has more time at the higher rate. If you assume the opposite, the order flips. The result depends entirely on the two returns you enter.
What returns should I put in?
Nobody can promise them. Try a few pairs, and also try a case where the target earns less than the source, to see how much the answer depends on your guess.
What if the transfer is larger than what is left?
The last transfer moves only what remains, and the source ends at zero. The page tells you in which month that happens.
Is tax included?
No. Moving units out of a fund is usually a redemption, which can be taxed, and this calculator does not model that.