2 years, 4 months ago

Systematic Withdrawal Plan: 5 crucial benefit to avail while using SWPs

Every individual has different financial objectives and has a unique investment plan accordingly. Systematic withdrawal plan is an investment plan for the individual who requires a particular amount of money in a regular interval after their retirement. For example Suppose you have invested in a mutual fund scheme Rs 2 lakhs with an NAV of Rs10, which means you have 20,000 units of mutual fund in your account. Suppose if you have invested in a mutual fund scheme Rs 10,000 and planned to withdraw only the gains on your investment and keep your capital invested in the scheme. Always remember such a mutual fund scheme before making your investment plan.

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