Comparison Of Sip, Stp & (Swp) Mutual Fund At Icici Prudential Mutual Fund

Abstract

This study aims to compare three popular investment strategies — Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and Systematic Withdrawal Plan (SWP) — in the context of mutual fund investments with a focus on ICICI Prudential Mutual Funds. The research evaluates the effectiveness of each strategy based on factors such as risk, return, flexibility, and suitability for different investor profiles. The SIP strategy encourages investors to contribute a fixed amount regularly, thereby benefiting from rupee cost averaging and long-term capital growth. The STP, on the other hand, involves transferring a fixed sum from one mutual fund scheme to another, typically used for balancing risk. SWP allows investors to withdraw a fixed sum regularly, providing a consistent income stream, often during retirement. This comparative study will analyze historical data, performance metrics, and investor feedback to assess the advantages and disadvantages of each plan. The findings aim to provide insights into how each plan suits different financial goals, time horizons, and risk appetites of investors. The study also emphasizes the role of ICICI Prudential Fund's product offerings in facilitating these investment options and their impact on achieving financial objectives.