What is Systematic Withdrawal Plan in Mutual Fund? How SWP Works
Systematic Withdrawal Plan or SWP in mutual fund is a way to redeem mutual fund units in systematic way, to cover for monthly expenses. SWP helps you to save for retirement..
Systematic Withdrawal Plan or SWP in mutual fund is a way to redeem mutual fund units in systematic way, to cover for monthly expenses. SWP helps you to save for retirement..
Long Term Capital Gains Tax.. LTCG Tax on shares or equity mutual funds having holding period of more than 1 year. 10% tax on profits above Rs. 1 lakh in FY
FD vs Mutual Funds.. FD (Fixed Deposit) is safe for your goals, Mutual funds provide better returns in long term compare to FD with some risk..
PPF vs Mutual Funds – Selecting between PPF and Mutual Fund depends on your financial goal. PPF – To Save Income Tax, Mutual Funds – To Grow your Wealth
Debt Mutual Funds Taxation.. From 1st April 2023, all redemptions from Debt Mutual Funds will be taxed as per the income tax slab rates..
Equity Mutual Funds Taxation.. Short term gains are taxed at 15% rate & long term gains are taxed at 10% on profits made above Rs. 1 Lakh in financial year..
Sensex Returns in Last 15 Years.. 9.14% CAGR from Jan 2008 to Jan 2023 in Sensex. For Rs. 2000 SIP – maturity amount would have been Rs. 10.9 Lakh..
Investment Options for Monthly Income.. 1. Post Office Monthly Income Scheme 2. Monthly Income Plan Mutual Fund 3. Systematic Withdrawal Plan (SWP)..
Monthly Income Plan (MIP) is a type of mutual fund in India that provides regular income on monthly basis. MIP invests in Debt & Equities to preserve capital..
SIP vs Lumpsum Investment – Both are good for new & experienced investors. Start with SIP & make lumpsum investments when markets are down..