BQ Big Decisions: SIPs Are Popular But You Should Also Learn About Their Lesser-Known Cousins
BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
Most mutual fund investors are aware that systematic investment plans can help them be consistent with investments and tide over market volatility.
But, according to Amol Joshi, founder of PlanRupee Investment Services, they remain oblivious of the benefits of STPs and SWPs—the “poorer cousins of SIPs”.
For the savvy investor, systematic transfer and withdrawal plans can be great tools to manage a portfolio. They can be used to invest a windfall and strategically sell investments.
On this edition of BQ Big Decisions, BloombergQuint discusses the concepts of STPs and SWPs and how they can be used effectively.