Are you ready to start spending the money in your mutual fund accounts? Did you know there's a convenient way to begin receiving your cash without contacting us every time you want to sell the units?
A systematic withdrawal plan (SWP) lets you take money out of a fund account according to a regular schedule that you choose. It's a convenient way to draw down your holdings over time.

SWP Basics

Mutual Fund offers you a facility to plan for your retirement and other regular monthly income needs through the Systematic Withdrawal Plan (SWP). Depending on your needs for monthly or quarterly income, you can then choose to withdraw either a fixed sum per month or quarter, or the capital appreciation in the Net Asset Value of your investment.
You create a systematic withdrawal plan by providing us with the following instructions for a fund account:

Amount of each withdrawal
Withdrawal frequency (monthly or quarterly)
A date for the first withdrawal
Delivery instructions for the money
Each withdrawal will be processed automatically according to the details of your plan.

Key features
In order to start the SWP facility, the minimum account balance should be Rs.25,000.
The frequency can be Monthly or Quarterly
There are two options available:
     (a) Fixed amount: A fixed amount can be withdrawn either on the 15th or the last business day of every month/quarter
     (b) Capital Appreciation: The capital appreciation as on the last business day of the month can be withdrawn.

Delivery instructions for the money
Each withdrawal will be processed automatically according to the details of your plan.
Minimum withdrawal: Under the Fixed amount option, the minimum withdrawal will be Rs.1,000
An investor cannot simultaneously participate in an SIP and SWP in the same scheme
This facility is not available for investments under lock-in period.

SWP Calculator