An appropriate withdrawal rate will ensure the corpus last a lot longer. It is observed that the higher the withdrawal rate the faster the depletion of capital.
SWP makes you financially self-dependent. This feature helps you live with dignity without compromising on your needs.
A new investor needs to first invest in a SBI Mutual Fund scheme and then opt for this facility.
Mutual funds can help you save for your retired life.
Systematic withdrawal plan can help you take home a fixed sum of money in a tax efficient manner.
Focus on your money matters can help you prepare better for the dream of financial freedom.
Systematic Withdrawal Plan (SWP) is a service offered by mutual funds which provides investors with a specific amount of payout at a pre-determined time intervals, like monthly, quarterly, half-yearly or annually.
According to Amit Trivedi, author & founder of Karmayog Knowledge Academy, Systematic Withdrawal Plan is a standing instruction given to a mutual fund to withdraw certain amount at a predefined frequency.
Investing in mutual funds is one sure way of defeating the inflation and building retirement kitty. There are various Mutual Funds tools like SIP, STP or SWP which can be made use of towards building wealth. Read this space to understand how one can use these options towards easy retirement.
Monthly Income Plan works out to be the best option for investors in need of regular flow of income. However, dividend option of monthly income plan doesn't always guarantee regular stream of income. Read this space to know why it is advisable to choose SWP option over dividend option.
Systematic withdrawal plan (SWP) are comparatively an unknown entity unlike the most popular investment tool - Systematic Investment Plans. So what is SWP? And how can an investor benefit from it? Read this space to know more about the features of the plan.
IDBI Mutual Fund has introduced Regular Cash Flow Plan as an added feature under IDBI Monthly Income Plan (MIP). RCFP provides investors with an additional income stream by way of regular cash flow to take care of future projected needs.
DSP BlackRock Mutual Fund has announced to charge transaction charges on purchase / subscription received from mutual fund investors through distributor / agent with effect from 1 November, 2011.