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8: Understanding mutual fund investment options | Systemic Investment Plan | Systemic Transfer Plan
Money with Monika
English - April 17, 2020 06:33 - 10 minutesInvesting Business smart podcasts finance finance podcast money daily podcast finance management money market podcasts money podcast podcast for winners Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 7: Risks vs. returns in mutual funds
Next Episode: 9: Asset allocation for mutual funds
Personal finance expert Monika Halan explains the various options through which you can invest in mutual funds. She explains the difference between a Systemic Investment Plan (SIP), a Systemic Transfer Plan (STP) and a lump sum investment. “Depending on the intent behind the investment, you will choose the options of growth vs. dividend,” she adds.