SWP (Systematic Withdrawal Plan) Calculator
Mutual funds offer an investment method called a Systematic Withdrawal Plan (SWP), which enables participants to take out a set amount of money from their investment on a regular basis. It is the reverse of a Systematic Investment Plan (SIP), in which investors make fixed-amount investments in mutual funds on a regular basis. A one-time, lump sum payment must be made into the fund in order to invest in an SWP. You will receive a set amount of money from the investment at the end of each month. To provide you that monthly sum, the mutual fund will need to redeem a specific number of units. Assume that in January 2023, you purchased 1,000 units of the fund, with a set monthly withdrawal amount of ₹1,000. Now