SWP
Systematic Withdrawal Plan. A facility to withdraw a fixed amount from a mutual fund at regular intervals. Often used in retirement to create a steady income stream.
Related Terms
80C Deduction
Section 80C of the Income Tax Act allows deductions up to Rs 1.5 lakh per year for investments in EL...
AMC
Asset Management Company. A firm that invests pooled funds from investors into securities such as st...
AUM
Assets Under Management. The total market value of investments managed by a mutual fund or portfolio...
Corpus
The total accumulated amount of money in an investment portfolio or fund. In FIRE planning, the targ...
ETF
Exchange-Traded Fund. A fund that tracks an index, commodity, or basket of assets and is traded on s...
Expense Ratio
The annual fee charged by a mutual fund or ETF as a percentage of assets under management. Lower exp...