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  4. Would it be wiser to start SIP straight?

Would it be wiser to start SIP straight?

Scheduled Pinned Locked Moved Mutual Funds
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  • K Offline
    K Offline
    Kunal
    wrote on last edited by
    #1

    I initiated my Systematic Transfer Policy (STP) into the ICICI Prudential Bluechip Fund, using a portion of the money from the Aditya Birla Sun Life Liquid Fund. However, recent updates have prevented the transfer of liquid funds to this specific scheme. Should I first initiate a Systematic Withdrawal Plan (SIP) into the ICICI Prudential Bluechip Fund, and then gradually withdraw funds using a daily SWP into my personal account? Given the liquid fund generates more than a savings account, would removing the whole amount and directly beginning the SIP be better?

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