Mutual Fund SIP-SWP: If you work, then one day you will definitely retire. If you have not yet thought about how your expenses will be spent after retirement, because the salary will stop, and the savings you have made will be able to bear your expenses after retirement.
Arrangement of pension from SWP
In such a situation, you need an investment option in which the returns are also good and the risks of the stock market are also reduced. You all know about the SIP i.e. Systematic Investment Plan, in which you invest a little bit every month, but we are going to tell you about the SWP i.e. Systematic Withdrawal Plan, on the contrary, you will get the money every month, it Understand pension only.
We are telling you here how you can arrange a pension of 35 thousand rupees for yourself every month for the next 20 years, if you make a monthly SIP of 5 thousand rupees every month for 20 years.
Systematic withdrawal plan (SWP)
Through the Systematic Withdrawal Plan (SWP), investors get a fixed amount back from the mutual fund scheme. In how much time, how much money to withdraw, the investor decides on his own. Under SWP, this money can be withdrawn on a daily, weekly, monthly, quarterly, 6 months or yearly basis. Investors can withdraw only a fixed amount or if they want, they can withdraw capital gains on investment.
Systematic Investment Plan (SIP)
Under the Systematic Investment Plan, you get the facility to invest on a monthly basis instead of investing a lump sum in the scheme of a mutual fund. You can decide for yourself how much to invest in a scheme every month. The advantage of this is that even at once, all your money is not blocked. Rather, you can make monthly investment in it with your convenience. Also, by assessing the returns from time to time, there is also a facility to increase or decrease the SIP.
SIP for 20 years
Monthly SIP Rs 5000
Duration 20 Years
Estimated Return 12%
Total Value Rs 50 Lakhs
Now put this 50 lakh rupees in different schemes for SWP. If the estimated return is 8.5 percent, then you will get a monthly 35 thousand rupees as pension.
20 year old SWP
Investment in different schemes Rs 50 Lakh
Estimated Return 8.5%
Annual Return 4.25 Lakh
Monthly Return 4.25 Lakh / 12 = Rs 35417
Benefits of SWP
SWP is regular evacuation. Through this, the units are redempted from the scheme. If there is surplus money after the fixed time, then you get it. It will be taxed as it is in the case of equity and debt funds. Where the holding period is not more than 12 months, the investors will have to pay short-term capital gains tax. If you are investing in a scheme, then you can activate the SWP option in it.
