SWP: How you can get Rs 1 lakh monthly pension for 25 years and still get your entire investment amount back
SWP: A Systematic Withdrawal Plan (SWP) is a financial tool intricately woven into the world of mutual funds. It empowers investors, especially those in their retirement years, to regularly withdraw a predetermined sum from their mutual fund investments. In essence, SWPs provide retirees with a financial cushion akin to a monthly paycheque, ensuring financial stability without the hassle of actively managing an investment portfolio.
The best thing about SWP is that it promises regular income. Image: Pixabay