What is an SWP Calculator?
A Systematic Withdrawal Plan (SWP) allows you to withdraw a fixed amount from your mutual fund investments at regular intervals. It is an excellent tool for retirees looking for a steady source of income. The SWP Calculator helps you visualize how your corpus gets affected by withdrawals over time, assuming a certain rate of return.
Why use SWP?
- Regular Income: Create your own "pension" from your investments.
- Tax Efficiency: SWP is often more tax-efficient than traditional dividend plans or fixed deposit interest.
- Rupee Cost Averaging (Reverse): You redeem units when NAV is high and fewer units when NAV is low, but the amount remains constant.
Track all your withdrawals and portfolio value in one place.
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