Top 7 SWP Mutual Funds in 10 Years: We invest in mutual funds through systematic investment plan (SIP) or lump sum. When we invest through SIP, we deposit a fixed amount, or opt for a step up SIP, where we increase the investment amount at regular intervals. But sometimes, when we have a large sum, don’t need that money immediately, and want it in phases, we can do it through a systematic withdrawal plan (SWP). In the SWP pension, you invest a lump sum amount and withdraw money monthly. The advantage of it is that while you are withdrawing your money, it also grows with time. So, if your rate of withdrawal is lower than the rate of growth, you can withdraw money for decades, and your money is likely to grow even then. When we opt for the SWP option, we allow the mutual fund house to sell our fund’s net asset value (NAV) of a certain value every month. When the market is up and the rate of NAV is high, the market sells fewer NAVs compared to when the market is low and the NAV price is lower. Here, we will tell you about 7 aggressive hybrid funds that have given Rs 1 lakh monthly income for 10 years (120 instalments in total) on a Rs 1 crore investment. Due to their growth, despite withdrawing Rs 1.20 crore in phases in 10 years, each fund still has a balance of at least Rs 1 crore.
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