Systematic Withdrawal Plan

Systematic Withdrawal Plan (S.W.P.)

Systematic Withdrawal Plan brings to you a host of investment conveniences. It is a package of transaction options, which aim towards offering you a hassle free, disciplined and efficient investment solution in mutual fund schemes.

How to avail SWP?
You may opt for any of the schemes by filling a simple form provided in the common application form. The same facilities can also be availed by filling the transaction slips.

What does SWP offer?
Through SWP you can redeem sums at a monthly or quarterly frequency by giving a one-time instruction to us. You may choose to regularly withdraw either a fixed sum or just the appreciation part of your investment. As the capital gain tax would be levied only on the number of units you withdraw, SWP becomes a tax efficient way of getting regular income from your investments

SWP is for whom:
This facility is suitable for two types of needs.
1) Investors wanting regular funds inflow from their investments. 2) Investors interested in booking their gains at a regular interval. If you require an exact amount regularly then the Fixed Option is suitable for you. If you do not want this withdrawal to disturb your capital contribution and would like only to reap the appreciation generated in the investment, you should opt for the appreciation option.
Ideally SWP should be opted from the growth options of mutual fund schemes

What are the advantages of SWPApart from offering you a great convenience in managing your funds inflow and profit booking, you also benefit by saving on the tax liability if a similar inflow would have come from dividends.