This scheme is a Systematic Withdrawal Plan (SWP) under Mutual Fund. This is a plan under which you can deposit a lump sum amount and get regular income every month for life and the best thing is that your money will not decrease.
Crorepati Scheme: With the increase in inflation, the needs of the people have also increased. In such a situation, now with a salary of up to Rs 1 lakh, you may not be able to achieve all the things that you have thought about. But if you want, you can achieve your future goals by investing your income at the right place. Here we are going to tell you such a scheme, with the help of which you will be able to save crores of rupees (Crorepati Scheme). Along with this, you can also withdraw money as monthly income.
This plan is Systematic Withdrawal Plan (SWP) under Mutual Fund. This is a plan under which you can deposit a lump sum amount and get regular income every month for life and the best thing is that your money will not decrease, rather it will keep increasing due to returns on it. Systematic Withdrawal Plan (SWP) is considered more powerful than SIP.
Such is the power of SWP
Imagine if your corpus is only Rs 50 lakh and you withdraw Rs 20,000 every month for the next 25 years, then you will still have a huge corpus of about Rs 3 crore. You may not be able to do this in SIP. That is why SWP is considered more powerful than SIP.
How to get 3 crore rupees and monthly income?
Actually, in SWP, whatever amount you withdraw, the return keeps getting added on the remaining amount. Generally, in the long term, mutual funds give an annual return of 12% to 15%, but here we have calculated the return at the rate of 10%.
Suppose you have created a corpus of Rs 50 lakh by investing through SIP or stock market and now you do not want to invest more. You just want to make a monthly investment. Also, you do not want to spend your money. In such a situation, SWP will be best for you. With the help of SWP Calculator, we have tried to know how much investment you will need and how much money you will get?
If your corpus is Rs 50 lakh and you withdraw Rs 20,000 every month for the next 25 years, then you will withdraw a total of Rs 60,00,000 lakh. Even then, the amount of your lump sum investment will be Rs 2,97,94,567 i.e. around Rs 3 crore because after withdrawing Rs 20,000 every month, you will also get interest on the amount left in your portfolio, due to which the value of your portfolio will keep increasing.
(Note- The calculation given here has been done with SWP Calculator. Informalnewz does not take responsibility for it. Before making any kind of investment, please take the help of your financial advisor.)
