Once the mutual fund is well grown up in value after few years, and if the market is expected to fall in the coming term, but not sure, then the investor may switch out some amount or some units (say Rs.2000/- per month or 5o units per month periodically) systematically from the invested Euity fund to a Liquid scheme of the same Fund house. This can be done by the STP instruction. By STP, one may try to book profits earned and save in a liquid sheme to be used either for further investing in Euity scheme in a downfall or for redemption (one time or SWP) later.
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A MULL
A STORY AGAIN
Mulla Nasrudin was getting ready to apply to a local department store for a job. A friend told him that it was the policy of the store to hire nobody but Catholic Christians, and that if he wanted a job there, he would have to lie about being a Catholic Christian. Nasrudin applied for the job and the personnel man asked him the usual questions. Then he said to the Mulla, "And what church do you belong to?" "I am a Catholic," said Nasrudin. "And all my family are Catholics. IN FACT, MY FATHER IS A PRIEST AND MY MOTHER IS A NUN, SIR."
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