How to get regular income from Mutual fund? | Systematic Withdrawal Plan (SWP)

How to get regular income from Mutual fund | Systematic Withdrawal Plan (SWP)

SWP allows you to withdraw a fixed amount of money regularly from your mutual fund investment while still keeping the remainder invested. It's like creating your own paycheck from your investment portfolio. You could opt for the SWP facility if you want regular income from your investments. Systematic Withdrawal Plan gives you the flexibility to choose the amount of withdrawal, frequency, and date of withdrawal according to your financial needs. You can withdraw a fixed amount from the SWP or only the capital gains from the SWP depending on the option you choose. If you are a risk-averse investor, you can invest in moderate or low-risk mutual fund schemes and receive only the capital gains using the SWP.

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