SWP

A Systematic Withdrawal Plan (SWP) is a mutual fund feature that allows investors to withdraw a fixed amount at regular intervals while keeping the rest of the investment intact. It is often used to generate a steady stream of income, such as during retirement, without fully liquidating the investment. SWPs offer flexibility in terms of withdrawal frequency and amount, and may help in managing cash flow needs. While it provides consistent payouts, the remaining investment remains exposed to market risks and may fluctuate in value. SWPs are commonly used for income planning and can complement other long-term financial strategies.