Need A Financial Product › Forums › Trading/Investments › What is rate of STT on switching to direct plan

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  • November 17, 2014 at 6:50 pm #48506
    samkapoor77
    Keymaster

    One year before, I invested a lump sum amount under regular plan in BNP Paribas Equity Fund (G). Do you recommend me to switch to direct plan in the same fund? I want to invest for 5-7 years. What will be the applicable rate of STT?

    November 19, 2014 at 11:53 pm #48507
    Sameer Kapoor
    Participant

    The fund is good and your decision to switch to direct plan is also recommendable as expenses will be low in that case. For such transactions, rate of STT is 0.001%.

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