Question
 Regarding Systematic Withdrawal Plans (SWP) within the
framework of mutual funds, which of the following best describes its primary function? Refer to the following information to answer the next 4 questions (Q27 to Q30) Mutual funds are investment vehicles that pool money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. This allows individual investors access to a broader range of assets than they might be able to manage on their own. Investors seeking to optimize their financial strategies often consider different types of investment plans that suit various financial goals and life stages. In mutual funds SWP, SIP, and STP are three such strategies that enable investors to manage their finances with flexibility and precision. Each of these plans serves a unique purpose, ensuring that investors can tailor their investment approaches to fit their specific financial needs and future aspirations.Solution
SWP allows investors to withdraw fixed amounts from their investments at specified intervals, making it a viable option for generating regular income, especially during retirement.
More Banking System in India Questions
Choose the option that is similar to the word given below
REVIVE
A man who has more than one wife at a time.
...Identical
The prolific author published three books in a single year.
Choose the one which best expresses the meaning of the given word .
Taciturn
The room was cluttered with old furniture and boxes.
Sanguine
- Select the most appropriate ANTONYM of the bold word to fill in the blank.
Despite his generous donations to charity, some people still considered ... In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning fr...
Choose the word similar in meaning to the given word:
Sanguine
