SIP and SWP are two popular investment strategies offered by mutual fund houses. Systematic Investment Plan : Purpose: SIP is designed to help you invest money regularly in a mutual fund over a period of time. Systematic Withdrawal Plan : Purpose: SWP is designed to provide you with a regular cash flow from your mutual fund investment. Investor Profile: SIP …
Almost half of the world’s wealth, 47.5 percent or $213 trillion, is held by just 1.5 percent of the global adult population. The world has at least 58 million US dollar millionaires, accounting for 1.5 percent of the global adult population, according to the 2024 UBS Global Wealth Report, which sampled 56 markets that account for 92 percent of global …
When Tsao Te-shing from Taichung in Taiwan visited a friend in Guangdong province in 1996, he had little inkling he would become part of a multibillion yuan orchid industry that today supplies the majority of the Chinese market. Back then, orchid growing was a rare agricultural venture on the Chinese mainland, while Taiwan had a sizable orchid industry, he said. …
