Mutual Fund SWP Calculator 2024

SWP calculator helps in determining the final value of your mutual fund investment after withdrawing a fixed amount regularly while considering the interest and returns earned from the investment.

What is SWP in Mutual Fund?

SWP stands for Systematic Withdrawal Plan. A SWP allows an investor to withdraw money 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. The withdrawn money can be reinvested or retained by the investors as per their needs.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.

Related Calculators

• SIP Calculator
• Mutual Fund Returns Calculator
• Step Up SIP Calculator
• STP Calculator
• Mutual Fund Lump Sum Calculator

Best Mutual Funds for Systematic Withdrawal Plans

Fund Name	AMC Name
ICICI Prudential US Bluechip Equity Fund	ICICI
Parag Parikh Flexi Cap Fund	Parag Parikh
Canara Robeco Bluechip Equity Fund	Canara Robeco
Canara Robeco Emerging Equities Fund	Canara Robeco
Nippon India Value Fund	Nippon India

SWP Calculation with Example

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 5,00,000 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 Jan 2024 and starts withdrawing on 1st feb 2024.

Month	Opening Balance	Interest	Withdrawal	Closing Value
1	5,00,000	3,958	25,000	4,78,958
2	4,78,958	3,783	25,000	4,57,741
3	4,57,741	3,606	25,000	4,36,347
4	4,36,347	3,428	25,000	4,14,775
5	4,14,775	3,248	25,000	3,93,024
6	3,93,024	3,067	25,000	3,71,090
7	3,71,090	2,884	25,000	3,48,974
8	3,48,974	2,700	25,000	3,26,674
9	3,26,674	2,514	25,000	3,04,188
10	3,04,188	2,327	25,000	2,81,515
11	2,81,515	2,138	25,000	2,58,652
12	2,58,652	1,947	25,000	2,35,600
13	2,35,600	1,755	25,000	2,12,355
14	2,12,355	1,561	25,000	1,88,916
15	1,88,916	1,366	25,000	1,65,282
16	1,65,282	1,169	25,000	1,41,451
17	1,41,451	970	25,000	1,17,421
18	1,17,421	770	25,000	93,191
19	93,191	568	25,000	68,760
20	68,760	365	25,000	44,124
21	44,124	159	25,000	19,284

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 21 months, Ms. Akhila has withdrawn INR 5,25,000 from her investments through a Systematic Withdrawal Plan and has a balance of INR 19,284 left.

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

How to use Scripbox 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.

How can Scripbox 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:

1. The Systematic Withdrawal Plan (SWP) ensures monthly income while earning a return on mutual fund investments. The SWP calculator helps in computing both.
2. 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.
3. 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.
4. The SWP calculator is readily available online.

Frequently Asked Questions