Updated Nov 2026 · India

SWP Calculator India 2026

Plan systematic withdrawals from your mutual fund corpus. See monthly income, how long your corpus lasts, and remaining balance after the withdrawal period.

Calculate SWP

Total Investment / Corpus (₹)

Expected Return (% p.a.)

Monthly Withdrawal (₹)

Withdrawal Period (Years)

What is a Systematic Withdrawal Plan (SWP)?

A Systematic Withdrawal Plan (SWP) lets you withdraw a fixed amount every month from your mutual fund investment. Instead of redeeming your entire corpus at once, SWP provides a steady stream of income while the remaining investment continues to earn returns.

SWP is popular among retirees and investors seeking regular income from their mutual fund corpus. It is more tax-efficient than Fixed Deposit interest or dividend payouts because only the capital gains portion of each withdrawal is taxed.

How the Calculation Works

The calculator simulates month-by-month withdrawals from your corpus:

Each month: New Balance = Old Balance x (1 + r/12) - Withdrawal

Old Balance = corpus at the start of the month
r = expected annual return (e.g. 0.10 for 10%)
Withdrawal = fixed monthly amount you take out

Example: ₹25,00,000 corpus at 10% p.a. with ₹15,000/month withdrawal for 15 years: you withdraw ₹27,00,000 total and still have a remaining corpus of approximately ₹49,18,000 — because the monthly growth on the large corpus far exceeds the withdrawal amount.

SWP vs Other Income Options

Factor	SWP	FD Interest	Dividend Payout
Returns potential	10-14% (equity)	6-7.5%	Variable
Tax efficiency	Only gains taxed	Fully taxable	Fully taxable
Income regularity	Fixed monthly	Fixed	Unpredictable
Capital growth	Yes (if return > withdrawal)	No	Uncertain
Flexibility	Change anytime	Locked in	Fund decides
Best for	Retirees, regular income	Risk-averse	Passive investors

Frequently Asked Questions

What is SWP in mutual funds?

A Systematic Withdrawal Plan (SWP) lets you withdraw a fixed amount every month from your mutual fund investment. It provides regular income while the remaining corpus stays invested and continues earning returns.

SWP vs FD interest — which is better?

SWP from equity funds offers potentially higher returns (10-12% vs 6-7% FD) and better tax efficiency. FD interest is fully taxable at your slab rate, while only the capital gains portion of SWP withdrawals is taxed.

Is SWP taxable in India?

Only the capital gains portion of each SWP withdrawal is taxed, not the full withdrawal amount. For equity funds held over 1 year, LTCG above ₹1.25 lakh is taxed at 12.5%. Debt fund gains are taxed at slab rate.

What is the minimum investment for SWP?

Most mutual funds require a minimum of ₹25,000 to start SWP. Some funds allow SWP with as low as ₹10,000. The minimum withdrawal per instalment is typically ₹500 to ₹1,000.

Can I change the SWP withdrawal amount?

Yes, most mutual funds allow you to modify your SWP amount, frequency, or stop the SWP at any time without penalty. Changes typically take effect from the next scheduled withdrawal date.

SWP vs dividend payout — which should I choose?

SWP is more tax-efficient than dividend payout. Dividends are taxed at your full slab rate, while SWP withdrawals are taxed only on the capital gains component. SWP also gives predictable, regular income.

Official Sources & References

This SWP Calculator uses formulas, rates, and rules published by these authoritative Indian government and regulatory bodies. Always cross-check with the official source before making financial decisions.

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