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Personal Finance

How to generate a monthly income from mutual fund Systematic Withdrawal Plan?

Updated : October 19, 2020 09:08 PM IST

While Systematic Investment Plan (SIP) requires a fixed amount or units to be made into the selected scheme for accumulation, SWP works in the reverse – withdrawing fixed amount or units from the accumulated investment.
Investors can opt to withdraw investments either weekly, monthly, quarterly, half-yearly or even annually, thus creating regular cash-flow for needs.
How to generate a monthly income from mutual fund Systematic Withdrawal Plan?

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