Question

What is systematic withdrawal Plan? ​

Answer 1

A Systematic Withdrawal Plan or SWPallows an investor to withdraw from his/her mutual fund scheme every month on an already set date. This withdrawalcould be a fixed or a variable amount and the withdrawal can be either annually, semi-annually, quarterly, or even monthly.

Answer 2

Answer:

• A Systematic Withdrawal Plan or SWP allows an investor to withdraw from his/her mutual fund scheme every month on an already set date. This withdrawal could be a fixed or a variable amount and the withdrawal can be either annually, semi-annually, quarterly, or even monthly