SYP stands for “Systematic Withdrawal Plan”. It is a plan offered by mutual fund companies to frequently withdraw a fixed amount of money from their investment account. The amount to be withdrawn and the time interval (monthly, quarterly or annually) is fixed by the investor.
‘Systematic Withdrawal Plan’ or SWP is a type of service offered by a mutual fund that provides a specific payout amount to the shareholder at predetermined intervals, generally monthly, quarterly, semi-annually or annually.
eAnswers Team
SYP stands for “Systematic Withdrawal Plan”. It is a plan offered by mutual fund companies to frequently withdraw a fixed amount of money from their investment account. The amount to be withdrawn and the time interval (monthly, quarterly or annually) is fixed by the investor.
H.P.Dubey
‘Systematic Withdrawal Plan’ or SWP is a type of service offered by a mutual fund that provides a specific payout amount to the shareholder at predetermined intervals, generally monthly, quarterly, semi-annually or annually.
Rajsdhani Jatni
SWP investors at regular intervals provides a certain amount of withdrawals.