What is a systematic withdrawal plan (SWP)?
Tue, Mar 19, 2024 6:41 PM

What is a systematic withdrawal plan (SWP)?

A Flip by Shubhangi Gupta
Get it on Google Play
SWP is mutual fund investment strategy, which is opposite to SIP. In SWP, you invest a lump sum amount in a mutual fund(s) and get a fixed income at a predecided date of the month. If your rate of withdrawal is much less than the growth rate of your corpus, not only you are most likely to get regular income lifelong but also your corpus will increase.

More great flips

IBM in advance talks with TRIL to lease 2.6 lakh sq ft office space

IBM in advance talks with TRIL to lease 2.6 lakh sq ft office space

US technology major IBM is reportedly in advanced discussions to lease 260,000 square feet of office space at Gurugram's TRIL Tower, developed by Tata Realty, two people familiar with the matter told ET. Absorption of Grade A office space was hitherto led by the return-to-office routine for major technology companies, but several other demand drivers are expected to help sustain the momentum.

Open Flip
Ceigall India shares surge 7% on ₹981-crore project win

Ceigall India shares surge 7% on ₹981-crore project win

Shares of Ceigall India Ltd., a newly listed infrastructure company, gained as much as 7% to hit a day's high of ₹366 during Thursday's trading session. The uptick in the stock price was seen after the civil construction company informed the exchanges that its arm Ludhiana Bathinda Greenfield Highway has executed the Concession Agreement with the National Highways Authority of India.

Open Flip
Senores Pharmaceuticals IPO allotment date in focus

Senores Pharmaceuticals IPO allotment date in focus

Senores Pharmaceuticals IPO: Bidding for the initial public offering (IPO) of Senores Pharmaceuticals Limited ended on 24 December 2024. Now, applicants and stock market observers eagerly await the announcement of share allocation. In the wake of the ’T+3’ listing rule, the most likely Senores Pharmaceuticals IPO listing date is 30 December 2024, i.e. Monday next week.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon