What is Systematic Withdrawal Plan?
SWP (Systematic Withdrawal Plan) allows you to withdraw a fixed amount regularly from your mutual fund investment. The remaining investment continues to grow, providing a regular income stream. A SWP calculator is a financial tool that helps you compute your regular withdrawals and the remaining investment value over time.
FAQs
Can I choose the withdrawal amount?
When should I use an SWP?
Can individuals who are not retirees invest in an SWP?
How is SWP beneficial?
What are the withdrawal options under an SWP?
What if the value of my mutual funds falls during my SWP period?