Systematic Withdrawal Plan (SWP) benefit

A Systematic Withdrawal Plan (SWP) is a financial strategy used in mutual funds where investors can withdraw a fixed amount of money at regular intervals, such as monthly, quarterly, or annually. This plan is often used by investors who need a steady income stream from their investments, particularly during retirement or other phases of life where liquidity is crucial.

Lumpsum Investment Benefits

Investing a lump sum amount in a mutual fund involves making a single, substantial investment into a mutual fund scheme rather than investing in smaller, periodic amounts over time. This approach can be suitable for investors who have a significant amount of capital ready to invest and are confident in their market outlook. Lump-sum investing in mutual funds can be effective if you have a clear investment strategy and a long-term horizon. It requires careful consideration of market conditions and personal financial goals.

Equity Linked Savings Scheme (ELSS) benefit

The Equity Linked Savings Scheme (ELSS) is a type of mutual fund in India that primarily invests in equities or equity-related instruments. It is designed to offer tax benefits under Section 80C of the Income Tax Act, 1961, making it a popular choice for tax-saving investments.