Skip to main content
Asked a question last year

What is the difference SIP, STP, and SWP?

Join FYERS Community to pick others' brains on Trading/Investing

Hey @Pradeep Sharma24,

SIP, i.e., Systematic Investment Plan is a monthly investment plan where a certain amount of sum is directly debited from your account at a regular interval. 

SWP or Systematic Withdrawal Plan lets you withdraw your funds at any given point in time. 

STP or Systematic Transfer Plan is a plan where you can transfer your funds easily from one plan to another, for say, Debt fund to Equity Fund. You can choose this plan to avoid market timing risk. 

Hope this helps!