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June 1, 2025 at 05:00 AM
SWP
📌Definition:
👉Allows you to withdraw a fixed amount from your mutual fund at regular intervals.
📌How It Works:
👉Invest a large corpus initially.
👉Withdraw a fixed amount periodically (e.g., monthly) to generate regular income.
📌Example:
👉Invest Rs. 10 lakhs in a debt mutual fund, and withdraw Rs. 10,000 monthly.
📌Benefits:
👉Provides steady income.
👉Suitable for retirees or those needing regular cash flow.
👉Flexible withdrawal options.