What is the difference between SIP, SWP and 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|Nature||Fixed amount invested in a mutual fund at regular intervals over a period of time||Fixed amount withdrawn from a lumpsum mutual fund investment at regular intervals over a time period||Fixed amount transferred from investments in one mutual fund scheme (same fund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|
|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|
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