Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are two different investment strategies.
SIPs are generally suitable for investors with a long-term investment horizon who want to benefit from the power of compounding. While, SWP is suitable for investors who have accumulated a significant corpus and want a systematic way to convert their investments into a regular income.
Listen to this episode to know which one is better and make strategies according to your specific needs and circumstances.