General Studies · Financial Markets

A facility in mutual funds that allows investors to purchase units by investing a fixed, pre-determined amount periodically is known as a:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Dividend Reinvestment Plan
2Systematic Dividend Plan
3Systematic Investment Plan✓
4Systematic Withdrawal Plan

Correct answer

Systematic Investment Plan

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A facility in mutual funds that allows investors to purchase units by investing a fixed, pre-determined amount periodically is known as a:

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A facility in mutual funds that allows investors to purchase units by investing a fixed, pre-determined amount periodically is known as a:

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