Name some good SWP/MIP’s?

POSTED BY Sunil Kumar ON August 17, 2011 2:30 pm COMMENTS (3)

Can you please name some good SWP’s, atleast 4 of them?  What is that I need to be considering before I buy SWP(systematic withdrawal plan)?  What is are the charges applicable inorder to switch from one fund to another, the later being SWP and the former can be SIP or MIP or something else.  Additionally, name some good MNIP’s and SIP’s

Thanks

Sunil Kumar

3 replies on this article “Name some good SWP/MIP’s?”

  1. Abhishek says:

    The tax rates vary in Mutual Funds and Fixed Deposits (banks and corporates)

    Since you are in the 30% Tax Bracket, I would recommend a short term debt fund with a dividend option. You can also look at MIPs, Quarterly OR Monthly Dividend Payout option.

    Regards
    Abhishek

  2. Sunil Kumar says:

    Hi Abhishek

    I fall in 30% tax slab. By the way, how is investing in fund different from investing in MIP’s in banks or corporated FD’s?

    Thanks
    Sunil Kumar

  3. Abhishek says:

    This would vary from fund to fund.. If you are looking for monthly Income, you can look at Monthly Income Plans from Banks and Corporate Fixed Deposits.

    You have not mentioned your tax slab and other details. That would also determine which would be the best route.

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