What are the steps to place a Systematic Withdrawal Plan (SWP)?

Here are the steps to place a Systematic Withdrawal Plan (SWP):

  • Login to your Scripbox account & click on “Invest More”
  • Click on “Invest”
  • Select “Mutual Funds”
  • Select the offering
  • Under Manage Holdings there will be list of funds available
  • Select the fund, click on 3 dots available next to it & select SWP
  • Click on “continue with same bank”
  • Enter the amount
  • Enter the duration in months & click “next”
  • Click on continue with withdrawal amount
  • Click “confirm withdrawal.”
  • Note: – Mutual fund(s) from where customer wants to place the SWP request should have minimum current value of Rs.12,000. Minimum SWP amount is Rs.12,000. Minimum number of months is 12
  • If the above criterias are not met then the customers might face issues while placing the monthly withdrawal request

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