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How does Systematic Withdrawal Plan (SWP) works?

Systematic Withdrawal Plan (SWP)  is a plan which will help you get monthly income in your bank account from your investments for a specified number of months. 

For example: 

Let’s say that you have invested a certain amount in Long Term Wealth & its current value is 10 Lakh. Now you want a monthly income from your investments. Then you will place for a SWP from your Long Term Wealth. 

The instruction will be place as follows:

    • Rs.10,000 for 100 months in your bank account. 

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