u/CreativeArea-_-

My dad asked me to do some research or speak with a financial advisor regarding the following:

He is planning to invest his retirement benefits — around ₹15–20 lakhs — either in mutual funds or stocks.

I’ve been hearing that an SWP (Systematic Withdrawal Plan) is a good option for investing a large lump sum amount, but I’m not very clear on how it actually works.

Can someone suggest the best investment instrument or approach for this kind of amount?

Fixed Deposits are not an option since he is already investing in them.