SWP stands for systematic withdrawal plan. Under SWP, if you invest lump sum in a mutual fund, you can set an amount you’ll withdraw regularly and the frequency at which you’ll withdraw.
What is SWP Calculator in Mutual Fund ?
The SWP Calculator is a simulation that shows you the monthly withdrawals from your mutual fund investments. It shows the total value of the mutual fund investment after the withdrawal. You may be able to get a regular income in retirement through the systematic withdrawal plan.
What is STP Calculator in Mutual Fund ?
Systematic Transfer Plan (STP) is a facility by which a pre-determined amount can be transferred from one scheme of mutual fund to another scheme at pre-defined intervals.
What is SIP Calculator in Mutual Fund ?
A Systematic Investment Plan (SIP), more popularly known as SIP, is a facility offered by mutual funds to the investors to invest in a disciplined manner. SIP facility allows an investor to invest a fixed amount of money at pre-defined intervals in the selected mutual fund scheme.
How can a SWP calculator assist you?
As per the Systematic Withdrawal Plan, an individual needs to invest a particular amount and withdraw a certain amount of the corpus invested each month. After withdrawal, the amount will be deducted from the investment while it continues to accumulate interest.
It is difficult to accurately calculate the monthly withdrawals and total matured sum. Groww can help you with this complex calculations with the its SWP calculator. This Systematic Withdrawal Plan calculator easily computes your matured sum as per your monthly withdrawals precisely. Calculators are simplifying the way people invest in mutual funds.
SWP Calculator App Features -
1. SWP Calculator
2. SIP Calculator
3. Brokerage Calculator
4. Lumpsum Calculator
5. Mutual Fund Returns Calculator
IP Calculator app can also be called by another name --
• Share Market Calculator
• Grow SWP Calculator
• Groww SWP Calculator
• Groww Calculator
• Groww finance Calculator
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