Where to use Systematic Investment Plan, Systematic Transfer Plan, Systematic Withdrawal Plan?

Systematic Withdrawal Plan or SWP is an ideal tool for retirees. They can create a better and more tax efficient monthly income plan using SWP. You don't just need to focus on fixed deposits anymore to create monthly income.

You can put your money into a debt fund or a debt + equity fund and create a SWP and monthly cashflow which is more tax efficient and gives better returns in the long run.

Likewise if you get a large bonus and are wondering where to do deploy the money because you are concerned of deploying all the money at one go into markets, then STP or Systematic Transfer Plan is the solution. This video addresses these fundamental question - where to use SIP, STP and SWP?

Видео Where to use Systematic Investment Plan, Systematic Transfer Plan, Systematic Withdrawal Plan? канала My Tenth Cent