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Plan your Systematic Withdrawal Plan (SWP) from your mutual fund investments.
A Systematic Withdrawal Plan (SWP) is the opposite of an SIP. It allows you to withdraw a fixed amount from your mutual fund investment regularly while the remaining balance continues to grow. This tool calculates how long your corpus will last or what the final balance will be after a certain period.
SWP can be more tax-efficient as only the capital gains portion of the withdrawal is taxed, and it offers potential for corpus growth.
Your principal will be depleted over time. It's important to keep withdrawals at a sustainable level.