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What are systematic withdrawal plans?

A systematic withdrawal plan (SWP) is a service provided by mutual funds to offer specific payment amounts to unit-holders at defined time intervals. These are designed keeping in mind the need for regular income or booking profits as required by investors. The primary benefit of a systematic withdrawal plan is in providing the investor with the money they need when they need it. Through this option you can redeem defined sums at a pre-defined frequency by giving a one-time instruction to the asset management company. You may choose to regularly withdraw either a fixed sum or just the appreciation on your investments. Ideally SWP should be opted from the growth options of our schemes.

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