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Thread: Name some good SWP/MIP's?

  1. #1
    PW Regular
    Join Date
    Mar 2011
    Location
    Bangalore
    Posts
    27

    Default Name some good SWP/MIP's?

    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



  2. #2
    PW Expert
    Join Date
    Mar 2009
    Location
    Noida
    Posts
    113

    Default

    I would just consider Tax part - Short term or long term as the withdrawal is made.
    Withdrawals or redemption attract no Tax Deducted at Source. The Capital Gains Tax will chargeable on the withdrawn amount. If the investment is done as SIP then the FIFO method will be used at the time of withdrawal.
    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.
    I could not get your question here. You can not transfer with in different funds, you need to withdraw and invest in new fund.

  3. #3
    PolicyWala Fan
    Join Date
    Apr 2009
    Location
    Mangalore
    Posts
    45

    Default

    You can check value research online and moneycontrol for best funds.


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