Question

The term ‘Systematic Withdrawal Plan (SWP)’ is related to ________?

A Insurance Policy Correct Answer Incorrect Answer
B Mutual Fund Correct Answer Incorrect Answer
C Public Provident Fund Correct Answer Incorrect Answer
D Share Correct Answer Incorrect Answer
E Bank deposits Correct Answer Incorrect Answer

Solution

Systematic Withdrawal Plan is a mutual fund investment plan, through which investors can withdraw fixed amounts at regular intervals, monthly/ quarterly/ yearly basis.

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