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SWP Calculator - Systematic Withdrawal Plan Calculator

Systematic Withdrawal Plan(SWP) is a facility available for investors to withdraw their investments systematically. The investor can select the amount and the interval of withdrawal. SWP is a great option for earning a regular income. Retirees and people with multiple dependents can use SWP as a source of regular income. SWP calculator helps in determining the final value of an investment after withdrawing a fixed amount regularly while considering the interest earned from the investment.

Please enter valid return between (1-15 %)

Total Investment


Total Withdrawal


Total Interest Earned


Future Value


Table of contents


What is SWP in a mutual fund?

SWP in a mutual fund stands for Systematic Withdrawal Plan. A SWP allows an investor to withdraw money from the invested mutual fund at predetermined intervals. Instead of withdrawing the entire investment at one go (lump sum withdrawal), investors can withdraw the money in a phased manner. In a SWP, one can customize the amount and the interval of withdrawal. Investors can just withdraw the capital gains or a fixed amount monthly, quarterly, semi-annually, or annually.

SWP is the better option in fluctuating markets. It allows investors to stay invested in mutual funds while allowing a partial withdrawal. Hence, investors have a fixed, regular income from their investments. By using the SWP option, investors can create a second income apart from their regular income to meet their needs. SWPs are also useful when an investor is nearing a goal and needs money for fulfilling it. SWP ensures that the goal can be accomplished with no cash crunch, as, in fluctuating markets, the NAV of the mutual fund scheme is affected. The withdrawn money can be reinvested or retained by the investors as per their needs. SWP calculator determines the final amount left in the investment after the withdrawals. One can use SWP calculator to estimate the amount required for their financial needs.

How does the Systematic Withdrawal Plan SWP work?

SWP (Systematic Withdrawal Plan) works opposite to SIP (Systematic Investment Plan). In a SIP, an investor invests a fixed amount regularly, hence increasing the number of units he/she holds in that mutual fund. In SWP, the investor withdraws a fixed amount regularly, hence decreasing the number of units he or she holds in that mutual fund.

By withdrawing a certain amount of money regularly, the investment is reduced by a certain number of units. Hence, the value of the mutual fund investment goes down by the number of units withdrawn.


Let's assume that an investor Ms. Annanya plans to invest in mutual funds. She has around 20,000 units in a certain mutual fund. She plans on withdrawing her investment through a monthly SWP. Her needs require her to withdraw Rs 5,000 every month. The NAV at the time of her first withdrawal is Rs 20.

Hence her first withdrawal would be 250 units to get Rs 5,000 (5000/20). The units left after this are 19,750 (20000-250). At the time of her next withdrawal, the NAV of the mutual fund has gone up to Rs 25. The number of units withdrawn now is 200 (5000/25). The number of units left after the second withdrawal is 19,550 (19750-200).

Consequently, the number of units after each withdrawal will reduce as Annanya is redeeming her investment. If the NAV goes up, then the number of units withdrawn will be lower. But if the NAV of the mutual fund scheme goes down, the number of units withdrawn will be higher.

How to use our Systematic Withdrawal Plan SWP calculator?

Scripbox’s Systematic Withdrawal Plan SWP Calculator is quite easy to use. Enter the correct details in the fields, and the SWP return calculator takes care of all the computations and generates the Final value.

Enter the following details:

  • Total Investment: The total investment amount that you wish to invest in a scheme.
  • Withdrawal amount per month: The amount you desire to receive in a month.
  • Expected Returns (%): Expected mutual fund returns from the investment made in the scheme.
  • Tenure: The duration up to which you wish to withdraw the invested amount regularly.

These inputs will help in determining the Final value of the investment. 

For example, Ms. Annanya plans to invest a total of INR 50,00,000 in mutual funds and opts for SWP. She wishes to withdraw INR 50,000 per month for the next five years. The expected return from her investment is 10%. The Final Value of her investment is INR 42,24,488.

How does the SWP calculator work?

SWP calculator performs complex calculations within a matter of seconds. All one has to do is enter the values for investment, withdrawal, expected mutual fund returns and tenure. The SWP calculator returns the value of the investment left in the mutual fund after the withdrawals. This value is termed as the final value. Here is a small snippet of how the SWP return calculator works.

Let’s take an example of Ms. Akhila, who plans to invest INR 25,00,000 in mutual funds. She wishes to withdraw INR 25,000 a month for the next five years by opting for a Systematic Withdrawal Plan, starting one month after her investment. The expected rate of return is 10%. Let’s assume she invested on 1st May 2013 and starts withdrawing on 1st June 2013.

Date Opening Balance (INR) Returns (INR) Amount withdrawn (INR) Closing Balance (INR)
01-05-2013 2,500,000 20,833 0 2,520,833
01-06-2013 2,520,833 21,007 25,000 2,516,840
01-07-2013 2,516,840 20,974 25,000 2,512,814
01-02-2018 2,237,364 18,645 25,000 2,231,008
01-03-2018 2,231,008 18,592 25,000 2,224,600
01-04-2018 2,224,600 18,538 25,000 2,218,138
01-05-2018 2,218,138 18,484 25,000 2,211,623


The above table shows the opening balance, the returns earned, amount withdrawn, and the closing balance. The opening balance shows the balance left in the mutual fund at the end of the previous month. The closing balance shows the balance after adding the interest earned and subtracting the withdrawal amount.

After five years, Ms. Akhila has withdrawn INR 1,500,000 from her mutual fund investments through a Systematic Withdrawal Plan and has a balance of INR 2,211,623 left in the mutual fund.

The SWP calculator works similarly. It calculates the final value left in the mutual funds investment after all the withdrawals and interest earned.

How can an SWP calculator help you?

The SWP calculator makes it easy to calculate the monthly withdrawal amount and the final amount. It becomes tedious to do all the calculations manually. Therefore, Scripbox’s SWP calculator will quickly help in getting precise computations.

The primary purpose of opting for an SWP is to have a regular monthly income. This option is popular amongst retired and senior citizen investors. Scripbox's SWP calculator is easy to use and has the following benefits:

  • The Systematic Withdrawal Plan (SWP) ensures monthly income while earning a return on mutual fund investments. The SWP calculator helps in computing both.
  • The SWP calculator is simple and doesn’t require any special skills to use. The investor just needs to enter the variables in the fields, and the calculator does the computation.
  • Investors can try the SWP calculator with various withdrawal amounts and determine the maturity amount. This helps the investor to decide on the monthly withdrawal amount that suits them the best.
  • The SWP calculator is readily available online.


When should an investor opt for an SWP scheme?

Systematic Withdrawal Plan is an optimal solution during retirement. People usually prefer traditional sources for investment to invest the lump sum amount received during retirement. These traditional sources attract taxes. SWP is a tax-efficient way of earning a regular income. As a result, retirees can earn a regular income with the added advantage of capital appreciation.

SWP is not just for the retiring people; it also for people with multiple dependents. Employees with family responsibilities who require additional income can also opt for the SWP option. Children’s educational needs, travel needs, financial goals approaching the deadline are a few reasons why individuals should choose a SWP option.

What are the withdrawal options under a Systematic Withdrawal Plan scheme?

Under the SWP Scheme, the withdrawal options are based on the frequency of the withdrawal. An investor can choose to withdraw their investments monthly, quarterly, semi-annually, or annually. Withdrawals can be made either from the capital amount or appreciated amount.  The latter option is known as the Appreciation Withdrawal Option. In this option, the investor can choose to withdraw only the appreciated amount on a desired withdrawal interval basis.

Withdrawals may have a detrimental effect on the value of the investment. Here the SWP calculator helps to determine the final value. Therefore, it is recommended to keep in mind the goals and needs before opting for the plan.

What are the benefits of SWP?

  • Systematic Withdrawal Plan’s (SWP) primary advantage is a regular fixed income. And for employees, it is a source of additional income.
  • When planned, SWP can be a steady source of income to meet financial goals. It ensures there is enough money available for financial goals.
  • SWP allows a tax benefit on long term capital gains up to INR 1 lakh, gains above INR 1 lakh are taxable.


Frequently Asked Questions