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SIP - Systematic Investment Plan

Systematic Investment Plan is an investment strategy wherein an investor needs to invest the same amount of money in a particular mutual fund at every stipulated time period.

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LUMP SUM

 A lump sum payment is an amount of money that is paid in one single payment rather than in installments.

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SWP - Systematic Withdrawal Plan

Systematic Withdrawal Plan (SWP) is a service offered by mutual funds which provides investors with a specific amount of payout at a pre-determined time intervals, like monthly, quarterly, half-yearly or annually.

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Sources: Service
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