SIP is a method of investing in mutual funds where you contribute a fixed amount at regular intervals (e.g., monthly, quarterly). It allows disciplined and gradual investment over time.

SWP advantages: Potentially higher returns, tax efficiency, and flexibility. Fixed deposit advantages: Guaranteed returns and safety. Choose based on your risk tolerance and financial goals.

Yes, you can invest through SIP and withdraw through SWP from the same or different mutual fund schemes, creating a cash flow cycle.