Planning for Financial Goals ensures you’re on track to achieve them ! Here is your SWP
A Systematic Withdrawal Plan(SWP) works in an opposite way to Systematic Investment Plan(SIP).A Systematic Investment Plan(SIP) allows an investor to invest a fixed amount at pre-determined intervals and a Systematic Withdrawal Plan(SWP) is a facility which allows an investor to withdraw a fixed amount at pre-determined intervals. The investor can choose the amount, the frequency and the duration of the SWP according to his needs. It is a facility for regular cash flow. With SWP you can withdraw money from your Mutual Fund schemes at pre-determined intervals, be it weekly, monthly, quarterly, half-yearly or even annually. This can help you plan your investments and withdrawals in a tax-efficient way. Withdrawals through SWP are subject to Exit Load as applicable.
An investor can use a Systematic Withdrawal Plan when he wants to have a regular cash flow from his investments. The need for a Systematic Withdrawal Plan differs for every person. SWP can be useful for child education, paying EMI’s, retirement etc.
Any person who has invested in any of SBI Mutual Fund open-ended schemes can choose to start a Systematic Withdrawal Plan for a regular cash flow subject to lock-in period, if any.
Know More on SWP : https://upgrowmf.com/contact/
Call Us : Rajendra Rane +919320420314 now to know how it can be achieved.
#mutualfundsahihai #financialplanning #sbiswp #SBIMutualFund #sip #financeadvice #financemumbai #KALYAN #financetips #investment #insurance #healthinsurance #insurancebroker
