Hi Basu, What is the difference between SWP vs SIP vs STP. How it will useful and suggest best funds. Thanks & Regards, Praveen
SWP-Systematic Withdrawal Plan. Hence, you are not investing but withdrawing the lump fixed amount or units from the fund.
SIP-Systematic Investment Plan. Here, you are investing fixed amount of money in a fund at a fixed interval.
STP-Systematic Transfer Plan. Here, you are transferring the fixed amount or number of units from one fund to another fund.
Hence, SWP, SIP and STP are strategies either to withdraw or invest. Fund selection must not be based on the style but based on your financial goals.
Thanks for info.
I am having Rs 1,50,000 and planning to give monthly Rs 10,000/- for my parents( expecting yearly increment). Is it good opting SWP . If it so, which fund is best. If i am choosing wrong means, suggest me alternate.
Thanks & Regards,
Rs.1,50,000 is your investment and expecting Rs.10,000 per month return from this investment?
Yes. Is anything wrong. Please let me know , how to plan for Rs 10,000 per month income to my parents. If you provide example means, i can get full info.
Do you know how much you are expecting? It is MONTHLY around 7% (not yearly). NO product will give you such high returns.