A withdrawal plan where a specified amount is taken from another account either monthly, quarterly, semi-annually, or annually.
It is the opposite of SIP and facilitates regular withdrawals. This helps investors in meeting their regular financial needs.
An automatic withdrawal program in which a shareholder receives regular payments, usually monthly, quarterly, semiannually, or annually, from a mutual fund account or retirement plan.
A feature offered by Transamerica IDEX where money is paid to shareholders by direct deposit or check as a result of periodic redemptions (sales) of shares from their Transamerica IDEX account. As with most any redemptions, there are tax consequences of selling mutual fund shares.
A plan offered with some schemes under which post-dated cheques for fixed amounts (as may be fixed by the fund) are issued to the investors for monthly, bi-monthly or quarterly withdrawals. The withdrawals are as per the requirements of the investor specified by him/ her at the time of investment.
A plan offered by a mutual fund company under which a fixed dollar amount of a mutual fund is redeemed at regular intervals. An SWP can drain a portfolio rapidly.
A program offered by a mutual fund company that allows the shareholder to automatically withdraw a set amount of money (or shares) at regular time intervals (e.g. monthly or quarterly).
Regular automatic redemption of a specified amount of money or specified number of shares from a mutual fund account.
A plan offered by mutual fund companies that allows a unitholder to receive payment from an investment at regular intervals.
A program which permits shareholders to have a specified amount automatically redeemed either monthly, quarterly, semi-annually or annually, and paid per the shareholder's instructions.
Plans offered by mutual fund companies that allow unitholders to receive payment from their investment at regular intervals.