All about SWP
Each person has unique financial needs. As a result, each investor has his own investing strategy. While some investors like to make their deposits all at once, others prefer to spread them out and adopt a systematic investment strategy (SIP). While some investors want financial gain, others want their assets to generate consistent income. To suit the needs of various sorts of investors, fund houses offer a wide range of instruments and services. A Systematic Withdrawal Plan is one such capability (SWP). Introduction A Systematic Withdrawal Plan, sometimes known as SWP , is a service offered to investors that enables them to routinely remove a set amount from a mutual fund plan. The withdrawal amount and frequency are up to you. You can also decide to retain your original investment intact and merely extract the profits. Units from your portfolio are sold on the designated date, and the proceeds are deposited into your account. Here are some crucial characteristics of an SWP: You...