A SIP invests a fixed amount into a scheme at a regular interval, usually monthly. An
STP moves money in instalments from one scheme to another, typically from a debt fund into an
equity fund, so a lumpsum enters the market gradually. An SWP is the reverse of a SIP: it
redeems a fixed amount from your corpus at a regular interval, which is how many retirees draw
a monthly income from their funds.

Yes. A SIP is not a lock-in: you can pause, modify or stop it with a simple instruction,
without penalty, and the units you have already bought stay invested until you choose to redeem
them. The exception is ELSS: each instalment is locked in for three years from its own
investment date, as required for the Section 80C benefit.

For KYC: your PAN, Aadhaar or another officially valid address proof, a photograph, and
a cancelled cheque or bank statement. If your KYC is already verified with a KRA, you can
usually begin with just your PAN and bank details. Your relationship manager handles the
paperwork end to end.

No. Mutual funds are market-linked: returns depend on how the underlying securities
perform, and no distributor, AMC or platform can guarantee them. What you can control is your
asset mix, your costs, your discipline and your time horizon. Treat any calculator projection,
including ours, as an illustration rather than a promise.