Illustration only, at the rate you selected. Returns are not assured and actual results will differ. Taxes and exit loads are not included.
How the SWP calculator works
Each month the balance first grows at the monthly rate (your annual rate ÷ 12), then the withdrawal is deducted. If the balance cannot cover a withdrawal, the calculator shows how long the money lasted. Every withdrawal redeems units, so capital gains tax and any exit load apply to each one and are not included here.
What an SWP is used for
A systematic withdrawal plan pays out a fixed amount from a mutual fund holding at regular intervals — often used for a regular cash flow in retirement. Withdrawals that exceed the growth of the holding reduce the capital over time.
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Frequently asked questions
What is an SWP in mutual funds?
A systematic withdrawal plan redeems a fixed amount from your mutual fund holding at regular intervals, such as monthly, and credits it to your bank account.
Is SWP income guaranteed?
No. The withdrawal continues only while units remain. If withdrawals are larger than the growth of the holding, the balance falls and can run out.
Is SWP taxed?
Each withdrawal is a redemption, so capital gains tax applies to the gain portion, and an exit load may apply depending on the scheme. Check the scheme documents and consult a tax professional.