What is Systematic Withdrawal Plan (SWP)? A Systematic Withdrawal Plan (SWP) is a facility that allows an investor to withdraw money from an existing mutual fund at predetermined intervals. Systematic withdrawal plans are used by investors to create a regular flow of income from their investments. Investors looking for income at periodical intervals usually invest …
When it comes to future of your child, you do not think twice. You will do whatever it takes. You can build it brick by brick and one step at a time without hurting your finances. Mutual Funds are a way to go. Here are 5 steps to secure your child’s future with mutual funds …
Nomination facility is offered for the transfer of mutual fund units in case of the unfortunate demise of the unit holder What is nomination for mutual fund investors? Nomination is the process of appointing a person to take care of the assets in the event of the investor’s demise. A nominee can be any person …
Liquid funds belong to the debt category of mutual funds. They invest in very short-term market instruments like treasury bills, government securities and call money. They are getting popular with retail investors as they offer much higher returns than a savings bank account and because you can cash out in a day 1. When should …