A Systematic Withdrawal Plan (SWP) has become a popular option for investors looking to generate a regular income from their mutual fund investments. Whether it's for retirement planning or meeting monthly expenses, an SWP allows investors to withdraw a fixed amount at regular intervals while the remaining corpus stays invested. However, many investors are unsure about which mutual funds are best suited for an SWP and whether there are any tax implications when using a Systematic Transfer Plan (STP).
One such query came from Shiva, a viewer of The Money Show on ETNow, who asked about the best mutual funds for an SWP, whether there are schemes specifically designed for SWPs, and the tax implications of STPs.
