What is a Systematic Withdrawal Plan (SWP)?

"A facility allowing investors to withdraw a fixed amount from a mutual fund scheme regularly" "A plan that guarantees a fixed return on investment" "A type of investment that focuses solely on capital growth" "A high-risk investment strategy for short-term gains"

Which of the following is NOT a benefit of a Systematic Withdrawal Plan (SWP)?

"Tax benefits" "Rupee Cost Averaging" "Guaranteed highest returns in a bull market" "Investment Discipline"

How does Rupee Cost Averaging benefit investors in an SWP?

"It ensures the highest possible returns regardless of market fluctuations" "It averages returns over time, reducing the impact of market volatility" "It eliminates the risk of losses in a bear market" "It allows investors to predict market trends accurately"

Which of the following is an effective use of an SWP?

"Short-term speculative trading" "Funding a business startup" "Creating a regular source of secondary income" "Investing in high-risk, high-reward assets"

According to the text, what type of mutual fund scheme is recommended for risk-averse investors considering an SWP?

"Equity mutual funds" "Balanced mutual funds" "Debt mutual funds" "Arbitrage Mutual Fund Schemes"