When you start investing in different schemes you will come across different types of terms. One such term is SWP. Let me share the SWP meaning with you .
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What is SWP?
A Systematic Withdrawal Plan or SWP is an option extended to investors which helps them to withdraw a mixed amount from the mutual fund periodically. You can select the amount and frequency of the withdrawal as per your choice. You can also withdraw the gains you made keeping your investment capital intact.
Features of SWP:It provides the facility to redeem units regularly.
You can select the amount you want to withdraw.
You can choose to withdraw a fixed amount or only the gains you have made.
It helps to generate regular income due to investment.
Anyone looking for a secondary source of income.
Anyone looking for capital protection.
Those who want to have pension earnings after retirement.
People falling under high tax brackets.
SWP is a great strategy to invest in to have a regular source of income. It gives good returns and the risk is also quite low. The best part is that you can withdraw your amount in case of emergency or any needs. I hope you know SWP meaning now.
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Authors Of The Question
What is SWP?
jailaxmi
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2 Year
2022-11-28T12:01:01+00:00 2022-11-28T12:01:02+00:00Comment
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