What is SWP in Mutual Funds?
Started by Mishi Mangal
·
0 Replies
Posted: 2 months ago
Introduction
A https://blog.mysiponline.com/india-top-10-swp-mutual-funds-for-2024 (SWP) is an investment tool in mutual funds that allows investors to withdraw a fixed amount of money at regular intervals. It is beneficial for individuals who want a steady income flow from their investments, making it ideal for retirees or those seeking passive income.
How Does SWP Work?
SWP enables investors to withdraw either a fixed sum or specific units from their mutual fund investment monthly, quarterly, or annually. The amount withdrawn is transferred to the investor’s bank account. This is done by redeeming units of the mutual fund corresponding to the withdrawal amount. The remaining units continue to earn returns, allowing your investment to grow.
Hope this helps to clarify how SWP in mutual funds works!
Feel free to ask questions or share your experiences with SWP below.
A https://blog.mysiponline.com/india-top-10-swp-mutual-funds-for-2024 (SWP) is an investment tool in mutual funds that allows investors to withdraw a fixed amount of money at regular intervals. It is beneficial for individuals who want a steady income flow from their investments, making it ideal for retirees or those seeking passive income.
How Does SWP Work?
SWP enables investors to withdraw either a fixed sum or specific units from their mutual fund investment monthly, quarterly, or annually. The amount withdrawn is transferred to the investor’s bank account. This is done by redeeming units of the mutual fund corresponding to the withdrawal amount. The remaining units continue to earn returns, allowing your investment to grow.
Hope this helps to clarify how SWP in mutual funds works!
Feel free to ask questions or share your experiences with SWP below.
