Investing in mutual funds through a systematic investment plan (SIP) has become very popular during the last few years. However, besides SIP, there are other systematic methods that serve the purpose of systematic investing and withdrawing. For instance, the Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) can be used by investors to follow systematic planning depending on their type of investments.
If you are planning to invest in MFs, find out how these systematic plans differ, and which one should you opt for.
