Money with Monika

8: Understanding mutual fund investment options | Systemic Investment Plan | Systemic Transfer Plan

Episode Summary

Personal finance expert Monika Halan explains the various options through which you can invest in mutual funds. She explains the difference between a Systemic Investment Plan (SIP), a Systemic Transfer Plan (STP) and a lump sum investment. “Depending on the intent behind the investment, you will choose the options of growth vs. dividend,” she adds.

Episode Notes

Personal finance expert Monika Halan explains the various options through which you can invest in mutual funds. She explains the difference between a Systemic Investment Plan (SIP), a Systemic Transfer Plan (STP) and a lump sum investment. “Depending on the intent behind the investment, you will choose the options of growth vs. dividend,” she adds.