What is the difference between SIP, SWP and STP?

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Characteristics	SIP	SWP	STP
Full Form	Systematic Investment Plan	Systematic Withdrawal Plan	Systematic Transfer Plan
Nature	Fixed amount invested in a mutual fund at regular intervals over a period of time	Fixed amount withdrawn from a lumpsum mutual fund investment at regular intervals over a time period	Fixed amount transferred from investments in one mutual fund scheme (same fund house) to another at regular intervals over a period of time
Tax	Taxable	Taxable	Taxable
Who should Invest	Investors looking for disciplined investing and long-term capital appreciation	Investors who want high returns from regular payments, such as senior citizens who seek regular income for recurring expenses	Investors who wish to move from one scheme to another scheme based on financial goals or risk appetite