Post April 1, investors are increasingly opting for systematic withdrawal plan (SWP) over dividends in mutual funds. SWP is a tool used by mutual fund investors, typically to meet their cash flows. It can be set up in any open-end mutual fund scheme.
What is Systematic Withdrawal Plan?
It is a facility using which investors can withdraw a fixed amount from a mutual fund scheme. The frequency of withdrawal could be monthly or quarterly. There is also an option to cus ..