Motilal Oswal MF has introduced a new feature in the SWP facility called Motilal Oswal Fixed Amount Benefit (FAB) Plan.

The new feature enables investors to generate regular cash flow at a fixed percentage and predefined frequency. Investor can start with minimum withdrawal amount of Rs. 500 per month or above depending on their cash flow requirement. The frequency can be marked as monthly, quarterly or annually. The withdrawal rate has been kept at 6% as default which investor can change to choose from either 8%, 10%, 12% per annum. The default withdrawal date is set at 7^th for every month but can be changed to choose from either 1^st, 14^th, 21^st or 28^th.

The new feature aims to help investors generate regular income and create a legacy.

In a press release, Navin Agarwal, MD & CEO, Motilal Oswal MF said, "Retirement planning can be a daunting task, but with the right investment strategy, it can also be an exciting opportunity to secure financial stability for your golden years. FAB provides an excellent option for not only retirees but also other investors seeking a reliable source of income, with the potential to generate steady returns on their investments."

Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC, “The key feature of the FAB Plan is that it helps an investor to aim for an enhanced investment experience over traditional instruments. The design of the plan enables fixed withdrawal amount irrespective of short term market fluctuations, generating returns on the balance capital with tax efficiency as added advantage. We have introduced a new feature which offers the magic of “Income Bhi and Wealth Bhi”.