We all wish to have a secured financial future. As time passes, it looks challenging and creates stress. If we start investing a small amount every month, we can achieve our targets comfortably.
Systematic Investment Plan (SIP) allows investors to invest small amounts at regular intervals in an equity mutual fund as opposed to the need to invest a single large amount.
SWP can be considered as the opposite of SIP. In case of SWP, a fixed amount is transferred from your mutual fund portfolio to your bank account on a periodic basis. It helps provide regular cash-flows to meet expenses during retirement years