Every ball cannot be hit for a SIX!
Some are meant to be missed.
Similarly in the markets, there’s a time to be aggressive and there’s a time to be cautious.
So how do we get the timing right... scientifically?
The answer lies in just three words, Margin of Safety!
Margin of Safety (MoS) is an investing principle in which investors purchase securities only
when their market price is significantly below their intrinsic value.
Introducing TimerSTP
The tool, powered by margin of safety, endeavours to help you avoid mistiming the market.
TimerSTP is a tool, powered by margin of safety, that determines the right time to invest more and the time to invest less in equities, with the help of Samco's proprietary Equity Margin of Safety Index (EMOSI) indicator. It helps you invest in the markets without any emotional bias, it eliminates the stress of tracking the markets constantly and endeavors to offers a higher reward/risk ratio.
Experience the Power of EMOSI via TimerSTP
TimerSTP operates on Samco’s proprietary Equity Margin of Safety Index (EMOSI) indicator which is based on the margin of safety investing principle. It is represented by a range of values between 1-200 where 1 denotes the lowest margin of safety and 200 denotes the highest. EMOSI allows TimerSTP to transfer variable amounts ranging between 0.01X to 6X of base instalment via Systematic Transfer Plan (STP) approach from the source scheme to the target scheme depending upon the market levels and margin of safety.
TimerSTP Multiplier Value based on EMOSI
0.01X* – 6X of base instalment
TimerSTP transfers variable amounts from source scheme to target scheme based on the EMOSI value ranging between 1 to 200. As EMOSI value increases TimerSTP increases the equity allocation up to 6X of the base instalment and as EMOSI value decreases it limits the equity allocation as low as 0.01X* of the base instalment.
The chart shows the relationship between EMOSI values and the TimerSTP multiplier. The horizontal axis represents EMOSI values from 70 to above 131, while the vertical axis represents the multiplier, ranging from 0 to 6.5. The multiplier increases as the EMOSI value increases. The chart highlights a multiplier of 0.05 at an EMOSI value below 71, 0.1 at 80, 0.5 at 90, 1 at 100, 2 at 110, 3.75 at 120, and 6 at 131 and above. Values between these points increase progressively. The chart also includes the note: “Up to 0.01X or Rs.100, whichever is higher.”
When markets are low, TimerSTP invests aggressively
When the markets are high EMOSI allows TimerSTP to “invest cautiously” i.e. deduct lower multiples (up to 0.01X)* of the base instalment from the source scheme, thus minimising the equity exposure. Similarly, when markets are low, TimerSTP “invests aggressively” i.e deducts higher multiples (up to 6X) of the base instalment from the source scheme and transfers it to the target scheme, ensuring maximum equity exposure.
The chart compares TimerSTP instalment amounts (orange bars, left axis) with the Nifty 50 index (blue line, right axis) from January 2000 to January 2026. Green callouts mark periods of aggressive investment during crisis and panic, when instalment amounts peaked near ₹6,00,000: the Dotcom bubble burst (about 2001–2004), the Global Financial Crisis (about 2008), and the Covid-19 crisis (about 2020). Red callouts mark periods of sitting out during euphoric times, when instalments were near zero: the Reliance Power IPO frenzy (about 2007), Mid and Small Cap euphoria (about 2018), and the Paytm IPO mania (about 2021). The chart shown above is only for illustrative purposes. The information contained herein should not be construed as forecast or promise of any return.
Illustration of TimerSTP
An illustration of how a Timer STP setup in Jan 2020 for Rs.12,00,000, in source scheme, would move to target scheme based on EMOSI.
| STP Date | EMOSI | Multiplier | Expected Amount (₹) transferred to Target | Actual Amount (₹) transferred to Target | Remaining Amount (₹) in Source |
|---|---|---|---|---|---|
| 2020-01-31 | 94 | 0.7 | 70,000.00 | 70,000.00 | 11,29,993.35 |
| 2020-02-28 | 101 | 1.05 | 1,05,000.00 | 1,05,000.00 | 10,38,548.14 |
| 2020-03-31 | 135 | 6 | 6,00,000.00 | 6,00,000.00 | 4,44,480.02 |
| 2020-04-30 | 118 | 3.35 | 3,35,000.00 | 3,35,000.00 | 1,11,346.00 |
| 2020-05-29 | 120 | 3.75 | 3,75,000.00 | 1,13,187.10 |
Source – Internal Research. Based on Back-tested data of rolling returns for STP setup in each month. For 36 month STP, 12 month STP and TimerSTP, Ending value are based on total return of source scheme i.e. Crisil Short Term Fund Index and Target Scheme - NIFTY 50. The above returns are of benchmark/index and do not indicate returns of any scheme. The lumpsum investment amount is Rs. 12,00,000 in Source Fund (Crisil Short Term Bond Index Fund) transferred through monthly Timer STP to Nifty50 Index. Timer STP is applied to Base Instalment amount is Rs. 1,00,000.
So which STP will you choose?
TimerSTP or Normal STP (Nifty50)
The line chart titled “Nifty50 - TimerSTP Vs 12 month STP Vs 36 month STP” shows back-tested ending values from January 2007 to July 2026. TimerSTP (green) ends at ₹1,06,35,831 with a CAGR of 11.78%. The 36 month STP (red) ends at ₹77,14,396 with a CAGR of 9.96%. The 12 month STP (blue) ends at ₹65,39,273 with a CAGR of 9.04%.
*Source: NSE, Internal Source. Based on Back-tested data of the lumpsum investment amount of Rs. 12,00,000 in Source Fund (Crisil Short Term Bond Index Fund) transferred through monthly Timer STP to Nifty50 Index. Timer STP is applied to Base Instalment amount of Rs. 1,00,000. CAGR is calculated on both source and target schemes.
Potential Alpha Generation from TimerSTP vs Normal STP
| Investment Period | Timer STP (% CAGR) | 36 month STP (% CAGR) | 12 month STP (% CAGR) | Alpha over 36 month STP (%) | Alpha over 12 month STP (%) |
|---|---|---|---|---|---|
| 3 Years | 21.50% | 10.84% | 5.72% | 10.66% | 15.78% |
| 5 Years | 12.64% | 6.25% | 3.11% | 6.39% | 9.53% |
| 10 Years | 13.29% | 9.88% | 8.16% | 3.41% | 5.13% |
| 15 years | 12.62% | 10.32% | 9.15% | 2.31% | 3.48% |
| As on 31.08.2026 | 11.78% | 9.96% | 9.04% | 1.82% | 2.74% |
* Source – NSE, Refinitiv. Based on Back-tested data of rolling returns for STP setup in each month from January 2007 till Aug 2026. For 36 month STP, 12 month STP and TimerSTP, CAGR returns are based on total return of source scheme i.e. Crisil Short Term Fund Index and Target Scheme - NIFTY 50. The above returns are of benchmark/index and do not indicate returns of any scheme. CAGR = [(Ending Value/Beginning Value) ^ (1/No. of Years)]-1. The lumpsum investment amount is Rs. 12,00,000 in Source Fund transferred through monthly Timer STP to Nifty50 Index. Timer STP is applied to Base Instalment amount is Rs. 1,00,000. CAGR is calculated on both source and target schemes. Read more...
# The TimerSTP multiplier is the multiplier applied to the base instalment amount. In case of regular 36 month and 12 month STP, the multiplier is default 1 as base amount. In case of TimerSTP, it shall be a number between 0.01 - 6. For Eg. If the base instalment amount is Rs. 100000, and the corresponding multiplier value is 0.01 on date of STP, then the amount that shall be transferred from Source Scheme to Target Scheme is Rs. 1000. If the multiplier is 6, then the amount that shall be transferred from Source Scheme to Target Scheme is Rs. 600000. The multiplier is linked to SAMCO’s proprietary Equity Margin of Safety Index which is derived from multiple factors such as Price to Earnings (PE), G-sec yields, moving average divergences and / or other fundamental and technical factors as may be determined by the AMC from time to time.
Disclaimer: All figures and other data given in this document are dated. The same may or may not be relevant at a future date. SAMCO AMC takes no responsibility of updating any data/information in this material from time to time. The information shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of SAMCO Asset Management Private Limited. Prospective investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the units of SAMCO Mutual Fund. Past Performance may or may not be sustained in future.
In the preparation of the material contained in this document, SAMCO Asset Management Private Ltd. (the AMC) has used information that is publicly available, including government data and information developed in-house. The stock(s)/sector(s) mentioned in this slide do not constitute any recommendation and SAMCO Mutual Fund may or may not have any future position in this stock(s). Some of the material used in the document may have been obtained from members/persons other than the A M C and/or its affiliates and which may have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy, reasonableness and /or completeness of any information. We have included statements /opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or variations of such expressions, that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and/or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc. SAMCO AMC (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. Further, the information contained herein should not be construed as forecast or promise or investment advice. The recipient alone shall be fully responsible/are liable for any decision taken on this material. Please read terms & conditions in the application form before investing or visit www.samcomf.com. This facility should not be associated or confused with Systematic Transfer Plan, which is a separate facility provided by SAMCO AMC. Read less...
Start your TimerSTP TODAY!
A powerful tool that aims to avoid timing mistakes
and helps invest at the right time to improve your returns.
FAQ’s
SAMCO’s Timer Systematic Transfer Plan (TimerSTP / TSTP) is a solution wherein unit holder(s) can choose to transfer variable amount(s) from ‘Source Scheme’ to the ‘Target Equity Scheme’ at pre-defined intervals. TimerSTP will invest more when the markets are attractive and below their intrinsic value, similarly invest less when the markets are high and expensive. The amount(s) of transfer to the Target Scheme will be linked to the Equity Margin of Safety Index (EMOSI) as computed by the AMC on the date of respective transfer.
An investor must maintain minimum balance/ investment of Rs. 25,000/- in the opted source scheme at the time of registration of TimerSTP.
The Base Installment Amount is the installment amount that is mentioned while registering for TimerSTP. Minimum base instalment amount is Rs 1000 and in multiples of Re 1, but this is bare minimum amount, however it is recommended to mention base installment as 1/12 of the total amount to be transferred to the Target Equity Scheme. The processing of installment amount will be based on opted date/ day of multiplier of EMOSI value in case the base computation amount is less than Rs. 100, then the installment will be considered as Rs. 100. If arrived amount is in decimals the same will be rounding off in nearest rupee. For example, if an investor has invested Rs. 120,000 in source scheme, he can mention Rs. 10,000 (1/12 of target investment in the Equity Scheme) as base installment for monthly frequency of TimerSTP.
The Multiplier is the “Number of Times” of the installment amount to be transferred to target equity scheme. It will be within the range of “0.01X” to “6X” of the base installment. For example, If Investor registered TimerSTP with the base installment of Rs. 10,000, the multiplier amount can be from Rs. 100 (0.01X multiplier) to Rs. 60,000 (6X multiplier).
The amount of transfer to the target equity scheme is based on the latest Equity Margin of Safety Index (EMOSI) levels which is a proprietary model of Samco Asset Management Pvt Limited (the AMC). However, in any case the TimerSTP instalment amount will not exceed 6x of the base instalment amount as per the multiplier selected.
Equity Margin of Safety Index (EMOSI) levels computed by the AMC is a proprietary model of Samco Asset Management Pvt Limited (the AMC). The EMOSI is derived by assigning different weights such as Price to Earnings (PE), G-sec yields, moving average divergences and / or other fundamental and technical factors as may be determined by the AMC from time to time.
The investors have option of Daily, Weekly, Fortnightly, Monthly and Quarterly frequency for transfer of funds from the eligible source schemes to eligible target equity schemes.
In such a case the TimerSTP will be registered (the default) till December 31, 2099.
Target Amount is the maximum amount the investor wishes to transfer from the Source Scheme to the Target Equity Scheme. When the cumulative installments through the TimerSTP reaches the Target Amount, TimerSTP will automatically cease.
No. The Investors may choose (1) Target Amount or (2) No of installments or (3) End date in the form. If this information is not provided / incomplete, the TimerSTP will be registered by default till 31-Dec-2099.
| EMOSI value | Multiplier on Base Instalment amount to be transferred | EMOSI value | Multiplier on Base Instalment amount to be transferred |
|---|---|---|---|
| =<70 | 0.01x | 101 | 1.05x |
| 70 | 0.01x | 102 | 1.10x |
| 71 | 0.05x | 103 | 1.15x |
| 72 | 0.05x | 104 | 1.20x |
| 73 | 0.05x | 105 | 1.25x |
| 74 | 0.05x | 106 | 1.40x |
| 75 | 0.05x | 107 | 1.55x |
| 76 | 0.05x | 108 | 1.70x |
| 77 | 0.05x | 109 | 1.85x |
| 78 | 0.05x | 110 | 2.00x |
| 79 | 0.05x | 111 | 2.15x |
| 80 | 0.10x | 112 | 2.30x |
| 81 | 0.14x | 113 | 2.45x |
| 82 | 0.18x | 114 | 2.60x |
| 83 | 0.22x | 115 | 2.75x |
| 84 | 0.26x | 116 | 2.95x |
| 85 | 0.30x | 117 | 3.15x |
| 86 | 0.34x | 118 | 3.35x |
| 87 | 0.38x | 119 | 3.55x |
| 88 | 0.42x | 120 | 3.75x |
| 89 | 0.46x | 121 | 3.95x |
| 90 | 0.50x | 122 | 4.15x |
| 91 | 0.55x | 123 | 4.35x |
| 92 | 0.60x | 124 | 4.55x |
| 93 | 0.65x | 125 | 4.75x |
| 94 | 0.70x | 126 | 4.95x |
| 95 | 0.75x | 127 | 5.15x |
| 96 | 0.80x | 128 | 5.35x |
| 97 | 0.85x | 129 | 5.55x |
| 98 | 0.90x | 130 | 5.75x |
| 99 | 0.95x | 131 | 6.00x |
| 100 | 1x | 131 | 6.00x |
Note: In case multiplier on base computation amount is less than Rs. 100, then the installment will be considered as Rs. 100. The TimerSTP transactions will be executed based on latest day EMOSI value available.
In TimerSTP, the minimum value of the installment can be 0.01X times multiplier of the base installment amount (i.e. when the margin of safety is the least) or Rs. 100 whichever is higher and can go up to 6X times multiplier of the base installment amount (i.e. when the margin of safety is the most).
| TSTP Frequency | Cycle Date | Minimum amount | Minimum instalmen |
|---|---|---|---|
| Daily | All Business Days | 1,000 | 12 |
| Weekly | Any one day (Monday to Friday) | 1,000 | 6 |
| Fortnight | Alternative Wednesday | 1,000 | 6 |
| Monthly | All Calendar Days (except 29ᵗʰ, 30ᵗʰ, 31ˢᵗ) | 1,000 | 6 |
| Quarterly | All Business Days | 3,000 | 2 |
Multiple TSTP registrations from the same eligible Source Scheme to the same or different Target Scheme(s) may be registered in the same folio Each TSTP registration shall be treated as a separate and independent registration.
Yes. Multiple TimerSTPs from the same source scheme to a different Target Equity Scheme would be allowed.
Yes, Investor can do multiple TSTP/ STP registration in the same source folio.
If the outstanding balance in the source scheme in investor’s folio is less than the amount to be transferred on the date of TimerSTP, the amount so transferred will be restricted to the balance available. In case of nil balance in the Source Scheme, TimerSTP installment for that particular due date will not be processed and TimerSTP will cease upon five consecutive unsuccessful transactions.
No, the Target Equity Scheme cannot be changed during the period. If Investor wants to change the Target Scheme, existing STP/TimerSTP to be cancel and register a new TimerSTP.
Investor can redeem existing holding from source scheme however, if the outstanding balance in the source scheme in investor’s folio is less than the amount to be transferred on the date of TimerSTP, the amount so transferred will be restricted to the balance available. In case of nil balance in the Source Scheme, TimerSTP installment for that particular due date will not be processed and TimerSTP will cease upon five consecutive unsuccessful transactions.
Investor can redeem existing holding from target scheme.
Yes, Investor can cancel TimerSTP by giving 7 (seven) days prior request of the instalment date. The cancelation request can be submitted any of the to the Investor Service Centres.
Under Normal STP, a fixed amount is invested at the pre-defined intervals irrespective of the market conditions, whether the market is at peak or bottom.
However, under TimerSTP, a variable amount is invested will be linked to the EMOSI as computed by the AMC on the date of respective transfer.
Here's an illustration of how a transfer will be made from Source Scheme to Target Scheme:
- Source : Samco Overnight Fund
- Registration in Source Fund – October 2022
- Date of instalment – 10th
- Frequency - Monthly
- Base Instalment Amount- Rs. 1,000/-
- Number of Instalments - 15
- TimerSTP registered from period November 10, 2022 to January 10, 2024
- a. Calculation of TimerSTP instalment amount on the date of the instalment of November 10, 2022:
For example, if the EMOSI on November 10, 2022, is 115, matrix defines a transfer of 2.75x of the base instalment amount. (1,000 *2.75), Rs. 2,750 will be transferred from Samco Overnight Fund with the applicable NAV of 10th November 2022 and invested in Samco Flexi Cap Fund with applicable NAV of 11th November 2022.
- b. Calculation of TimerSTP instalment amount on the date of the instalment of December 10, 2022:
For example, if the EMOSI on December 10, 2022, is 90, matrix defines a transfer of 0.5x of the base instalment amount (1,000*0.5), Rs. 500 will be transferred from Samco Overnight Fund with the applicable NAV of 10th December 2022 and invested in Samco Flexi Cap Fund with applicable NAV of 11th December 2022.
Yes, however the registrations will done only till the date of minor attaining majority, even if the instructions may be for a period beyond that date. After attaining majority, the investor is required to re-register for TimerSTP.
No, TimerSTP will not be registered if the source scheme units are held in demat mode.
Terms & Conditions
- What is a Timer STP Plan? - Timer STP is a facility wherein an investor under the specified scheme(s) (‘Source Schemes’) can opt to transfer variable amount, on the predetermined dates to any open-ended equity Scheme(s) (‘Target Scheme’) at defined intervals. The variable amount(s) or actual amount(s) of transfer to the Target Scheme will be linked to the Equity Margin of Safety Index (EMOSI) as computed by the AMC on the date of respective transfer.
- Investors are advised to read the Scheme Information Document(s) of each of the Target Scheme(s) and the applicable Statement of Additional Information carefully before exercising the option/ investing. The Scheme Information Document(s) / Statement of Additional Information/ Key Information Memorandum(s) of the respective Scheme(s) are available with the Investor Service Centers of Samco Mutual Fund, brokers/distributors and displayed at the website www.samcomf. com.
- TSTP Enrollment Form complete in all respects, should be submitted at any of the Investor Service Centers (ISCs) of Samco Mutual Fund.
- Eligibility Criteria for TSTP: An investor must maintain minimum balance/ investment of Rs. 25,000/- in the opted source scheme at the time of registration of TSTP. If such minimum balance/ investment is not available and the TSTP registration request will be liable to be rejected.
- Frequency of TSTP: Investors may choose Daily, Weekly, Fortnightly, Monthly or Quarterly. Frequency in the Form; in case investor fails to mention frequency or opted multiple frequencies / date, default option would be Monthly and the default date will be 10th.
- For Weekly frequency, investor can select any day between Monday to Friday. In case frequency day not provided in form, the default day will be every Monday.
- For Monthly & Quarterly frequency, investor can select any date (other than 29,30,31). In case the date is not indicated, the default date will be 10th.
- Tenure: Investors may choose (1) Target Amount or (2) No of installments or (3) End date in the form. If this information is not provided / incomplete, the TSTP will be registered by default till 31-Dec-2099.
- There is no maximum duration for TSTP enrollment. However, TSTPs will be registered in a folio held by a minor, only till the date of the minor attaining majority, even though the instructions may be for a period beyond that date, the TSTP facility will automatically stand terminated upon the Unit Holder attaining 18 years of age.
- Base Instalment amount: The Investor would required to provide a base installment amount that is intended to be transferred to the target scheme at regular interval. At presently minimum base instalment amount in Source scheme is Rs 1,000/- and in multiple of Re.1/-
- The provision of ‘Minimum redemption amount’ specified in the Scheme Information Document of source scheme and ‘Minimum application amount’ specified in the Scheme Information Document of the target scheme(s) will not be applicable for TSTP.
- The amount of transfer to the Target Scheme shall be in the range of 0.01x to 6x as per the multiplier selected which shall be based on the latest Equity Margin of Safety Index (EMOSI) levels which is a proprietary model of Samco Asset Management Pvt Limited (the AMC). In case the base computation amount is less than Rs. 100, then the installment will be considered as Rs. 100. However, In any case the TSTP instalment amount will not exceed 6x of the base instalment amount as per the multiplier selected. In case amount arrived in decimals the amount will be rounding off in nearest rupee.
- If investor does not mention either the PAN or Folio details, then the form is liable for rejection.
-
Applicable schemes: At presently this facility is applicable for
- Source Scheme: Samco Overnight Fund / Samco Arbitrage Fund.
- Target Scheme: Other schemes of Samco Mutual Fund except Samco ELSS Tax Saver Fund.
- Multiple TSTPs from the same source scheme to a different Target Scheme would be allowed.
- Units will be allotted under the same folio number.
- Once registered, the facility cannot be modified. Investor may cancel an existing registration and register a fresh under New / Separate Form
- Equity Margin of Safety Index (EMOSI): Equity Margin of Safety Index (EMOSI) levels computed by the AMC is a proprietary model of Samco Asset Management Pvt Limited (the AMC). The EMOSI is derived by assigning different weights such as Price to Earnings (PE), G-sec yields, moving average divergences and / or other fundamental and technical factors as may be determined by the AMC from time to time.
-
Based on the EMOSI and the corresponding multiplier factor, the actual amount of TSTP shall be
derived for transferring the amount to the Target Scheme. Please refer to the EMOSI Multiplier table
below for reference.
EMOSI value Multiplier on Base Instalment amount to be transferred EMOSI value Multiplier on Base Instalment amount to be transferred =&<70 0.01x 101 1.05x 71 0.05x 102 1.10x 72 0.05x 103 1.15x 73 0.05x 104 1.20x 75 0.05x 106 1.40x 76 0.05x 107 1.55x 77 0.05x 108 1.70x 78 0.05x 109 1.85x 79 0.05x 110 2.00x 80 0.10x 111 2.15x 81 0.14x 112 2.30x 82 0.18x 113 2.45x 83 0.22x 114 2.60x 84 0.26x 115 2.75x 85 0.30x 116 2.95x 86 0.34x 117 3.15x 87 0.38x 118 3.35x 88 0.42x 119 3.55x 89 0.46x 120 3.75x 90 0.50x 121 3.95x 91 0.55x 122 4.15x 92 0.60x 123 4.35x 93 0.65x 124 4.55x 95 0.75x 126 4.95x 96 0.80x 127 5.15x 97 0.85x 128 5.35x 98 0.90x 129 5.55x 99 0.95x 130 5.75x 100 1.00x =&> 131 6.00x In case multiplier on base computation amount is less than Rs. 100, then the installment will be considered as Rs. 100. - The detailed working of the EMOS! model is proprietary to the AMC and is confidential. The AMC reserves the right te make changes to the EMOSI Model as may be necessary and as it may deem fit.
-
Minimum no. of Instalments:
TSTP Frequency Cycle Date Minimum amount (in ₹)* Minimum instalmen Daily All Business Days ₹1,000/- and in multiples of ₹1/- 12 Weekly Any one day (Monday to Friday) ₹1,000/- and in multiples of ₹1/- 6 Fortnight Alternative Wednesday ₹1,000/- and in multiples of ₹1/- 6 Monthly All Calendar Days (except 29ᵗʰ, 30ᵗʰ, 31ˢᵗ) ₹1,000/- and in multiples of ₹1/- 6 Quarterly All Calendar Days (except 29ᵗʰ, 30ᵗʰ, 31ˢᵗ) ₹3,000/- and in multiples of ₹1/- 2 *The minimum amount specified above shall be applicable for each TSTP instalment.
- Transfer of Balance: If the outstanding balance in the source scheme in investor’s folio is less than the amount to be transferred on the date of TSTP, the amount so transferred will be restricted to the balance available
- The EMOSI will be declared and uploaded in website on all business days/daily. However, the AMC reserves the right to change the frequency/day of EMOSI updation. In case the day/date of transfer falls on a Non-Business Day or on a date which is not available in a particular month, the immediate next Business Day will be considered for the purpose of determining the applicability of NAV.
- In case of nil balance in the Source Scheme, TSTP installment for that particular due date will not be processed and TSTP will cease upon five consecutive unsuccessful transactions.
- The AMC reserves the right to cease the TSTP without prior intimation, including but not limited to receipt of intimation of death of Unit holder or in any scenario as per AMC discretion.
- The TSTP is available only for units held / to be held in Non - demat Mode in the Source Scheme and the Target Scheme.
- The units of the Target Scheme will be allotted as per the closing NAV of the day on which the funds are available for utilization by the Target Scheme irrespective of the installment date of the TSTP.
- The TSTP transactions will be executed based on latest / previous day EMOSI value available.
- Exit Load- The Load Structure will be applied at the time of instalment process in the source scheme. The amount transferred under the TSTP from the Source Scheme to the Target Scheme shall be affected by switching units of Source Scheme at applicable NAV, after payment of exit load applicable to the Source Scheme if any, and subscribing to the units of the Target Scheme at Applicable NAV. For Scheme load structure please refer to Key Information Memorandum or contact the nearest Investor Service Centre (ISC) of Samco Mutual Fund or visit our website www.samcomf.com.
- This facility is provided subject to provisions of cut off timing for applicability of NAV and time stamping requirements, provisions of the SAI and the respective SID including the provisions of the ‘Prevention of Money Laundering and Know Your Customer’ requirements as detailed in the SAI, and any other applicable laws, rules and regulations as may be enforced from time to time.
- The facility will not get executed in case the units are pledged or where lien is marked on units, or if units are within the applicable statutory lock period, if any, at the time of receipt of request.
- The TSTP facility is not, in any manner an assurance or promise or guarantee on part of Samco Mutual Fund / Samco AMC to the unit holders in terms of returns or capital appreciation or minimization of loss of capital. The AMC/Trustees will not be liable for any loss, whether actual or notional on account of the decision of the Investor to opt for TSTP.
- All requests for registering or deactivating the TSTP shall be subject to an advance notice of 7 (seven) business days to the Investor Service Centers.
- The use of this Facility by the Investor will be deemed as the investor's confirmation that the investor understands and agrees to be bound by all of the terms and conditions applicable to this Facility, as detailed in the ‘Timer Systematic Transfer Plan (TSTP) Facility - Form’, as amended from time to time.
- The AMC reserves the right to change, modify or withdraw this facility at any point of time. However, the change will be effective only on a prospective basis. Further, the AMC reserves the right to restrict the number / type of schemes being offered through this facility.
-
Illustration : Calculation of amount of Timer STP:
- The amount to be transferred on each TSTP date will be determined basis the Equity Margin of Safety Index (EMOSI) level on the date of respective transfer as explained below
- Source : Samco Overnight Fund
- Target : Samco Flexi Cap Fund
- Date – 10th date
- Frequency - Monthly
- Base Instalment Amount- Rs. 1,000/
- Number of Instalments - Default i.e. 2099
- Investment Date in Source Fund – October 2022
- TSTP Initiated from November 10, 2022
-
Calculation of Timer STP instalment amount on the date of the instalment of November 10, 2022
- If the EMOSI on November 10, 2022, is 115, matrix defines a transfer of 2.75x of the base instalment amount. (1,000 *2.75), Rs. 2,750 will be transferred to Samco Flexi Cap Fund.
-
Calculation of Timer STP instalment amount on the date of the instalment of December 10, 2022:
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If the EMOSI on December 10, 2022, is 90, matrix defines a transfer of 0.5x of the base instalment amount (1,000*0.5), Rs. 500 will be transferred to Samco Flexi Cap Fund.
TSTP date Assumed EMOSI value Multiplier on Base instalment Amount Transfer Amount (Rs) (A) (B) (C) (D) 10-Nov-22 115 2.75x 2,750 10-Dec-22 90 0.50 500 10-Jan-23 120 3.75x 3,750 10-Feb-23 127 5.15x 5,150 10-Mar-23 150 6.00x 6,000 10-Apr-23 130 5.75x 5,750 10-May-23 119 3.55x 3,550 10-Jun-23 106 1.40x 1,400 10-Jul-23 100 1.00x 1,000 10-Aug-23 95 0.75x 750 10-Sep-23 90 0.50x 500 10-Oct-23 85 0.30x 300 10-Nov-23 60 0.01x 100 10-Dec-23 82 0.18x 180 10-Jan-24 96 0.80x 800 The above table is for illustrative purposes only
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If the EMOSI on December 10, 2022, is 90, matrix defines a transfer of 0.5x of the base instalment amount (1,000*0.5), Rs. 500 will be transferred to Samco Flexi Cap Fund.