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A systematic investment plan (SIP) is a plan in which investors make regular, equal payments into a mutual fund, trading account, or retirement account.
An STP is a plan that allows investors to give consent to a mutual fund to periodically transfer a certain amount/switch (redeem) certain units from one scheme and invest in another scheme of the same mutual fund house.
A systematic withdrawal plan (SWP) is a plan in which investors get regular, equal payments from a mutual fund.
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