There isn’t really a great difference between applying for either of the intakes, and each of them has its own advantages. We therefore recommend our students to apply whenever they are ready and feel most confident about their next step.
However, if you are comfortable with both the intakes, and if you really want to understand the benefits of applying to either of them, there are multiple aspects that you will need to look into before taking the decision. We have written about this in great detail in one of our blog posts, and you can read ithere.