New Delhi, Feb. 14 -- Mutual funds provide flexible investment strategies that can help you achieve financial stability and growth. Two key strategies that play a vital role in financial planning are Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP).

By understanding and using SIP & SWP strategically, you can build wealth, ensure financial security, and meet short-term and long-term financial goals. This article will guide you on how to utilize SIP and SWP effectively in your financial life.

What is SIP & SWP?

Before we explore how to use these tools for financial planning, let's understand what SIP and SWP mean:

1. SIP (Systematic Investment Plan)

SIP is a disciplined way of investing in mutual funds. Instead of ...