n NISM Certifications
X NISM Series X
Medium

Investors who withdraw a fixed amount periodically from their mutual fund are utilizing which plan?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Systematic Withdrawal Plan

    Correct answer

  2. B

    Systematic Investment Plan

  3. C

    Systematic Transfer Plan

  4. D

    Dividend Transfer Plan

Why this is the answer

SWP allows investors to redeem a fixed amount regularly over a specified period.

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