November 22, 2024 23:58 (IST)
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Mahindra Manulife Mutual Fund introduces ‘Power SIP Facility’

Mahindra Manulife Mutual Fund introduces ‘Power SIP Facility’

Mumbai: Mahindra Manulife Investment Management Private Limited announced the launch of a new facility called ‘Power SIP’, under the scheme(s) of Mahindra Manulife Mutual Fund. This facility combines the features and benefits of Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP), enabling the investors to t reap the maximum benefits of power of compounding (SIP) in the form of a steady flow of income (SWP).