RETIREMENT PLANNING THROUGH SIP+SWP - VIDEO
SIP - Systematic Investment Plan is an investment strategy offered by Mutual Funds to Investors, allowing them to invest equal amounts of money in regular and fixed intervals. Such systematic approaches like SIP promotes investment discipline which is useful for long-term wealth creation and protection. SWP – Systematic Withdrawal Plan is a facility that allows investor to withdraw a preset sum of money by way of redemption of units from the fund account at regular intervals. In this method, the number of units keep reducing as we withdraw on a regular basis and the balance units remain invested in the selected fund.