SWP Calculator
Plan mutual fund systematic withdrawals. See if your corpus sustains monthly income.
I want to
Withdrawal frequency
Annual withdrawal step-up
Expected inflation / year
Results
- Total withdrawn
- ₹72,00,000
- Corpus status
- Lasts full 15 years
Final corpus
₹56,90,784
At the assumed return, withdrawals are sustainable for the selected period.
Corpus over time
Total invested
₹50,00,000
After maturity
₹56,90,784
| Year | Opening | Growth | Withdrawn | Closing |
|---|---|---|---|---|
| 1 | ₹50,00,000 | ₹5,00,943 | ₹4,80,000 | ₹50,20,943 |
| 2 | ₹50,20,943 | ₹5,03,136 | ₹4,80,000 | ₹50,44,078 |
| 3 | ₹50,44,078 | ₹5,05,558 | ₹4,80,000 | ₹50,69,636 |
| 4 | ₹50,69,636 | ₹5,08,234 | ₹4,80,000 | ₹50,97,871 |
| 5 | ₹50,97,871 | ₹5,11,191 | ₹4,80,000 | ₹51,29,062 |
| 6 | ₹51,29,062 | ₹5,14,457 | ₹4,80,000 | ₹51,63,519 |
| 7 | ₹51,63,519 | ₹5,18,065 | ₹4,80,000 | ₹52,01,584 |
| 8 | ₹52,01,584 | ₹5,22,051 | ₹4,80,000 | ₹52,43,635 |
| 9 | ₹52,43,635 | ₹5,26,454 | ₹4,80,000 | ₹52,90,090 |
| 10 | ₹52,90,090 | ₹5,31,319 | ₹4,80,000 | ₹53,41,408 |
| 11 | ₹53,41,408 | ₹5,36,693 | ₹4,80,000 | ₹53,98,101 |
| 12 | ₹53,98,101 | ₹5,42,629 | ₹4,80,000 | ₹54,60,730 |
| 13 | ₹54,60,730 | ₹5,49,187 | ₹4,80,000 | ₹55,29,917 |
| 14 | ₹55,29,917 | ₹5,56,432 | ₹4,80,000 | ₹56,06,349 |
| 15 | ₹56,06,349 | ₹5,64,435 | ₹4,80,000 | ₹56,90,784 |
About SWP
A Systematic Withdrawal Plan redeems a fixed amount from your corpus on a monthly, quarterly or yearly schedule while the remainder stays invested. Step-up raises withdrawals each year; max-sustainable mode finds the largest fixed withdrawal that lasts the full period.
Actual redemptions depend on NAV, exit load and capital-gains tax. Returns are not guaranteed.
Last updated: 12 July 2026. SWP projections assume constant returns — actual mutual fund NAV will vary.
What is a Systematic Withdrawal Plan (SWP)?
SWP lets you withdraw a fixed amount from your mutual fund investment at regular intervals (usually monthly) while the balance remains invested. It is commonly used by retirees to generate cash flow from an accumulated corpus without redeeming everything at once.
Each withdrawal sells fund units. The remaining units continue to participate in market returns — positively or negatively.
How SWP is simulated
The corpus grows monthly at your expected return; withdrawals are deducted on monthly, quarterly or yearly frequency. Optional annual step-up and inflation views help stress-test cash flow. Max-withdrawal mode finds a sustainable amount that lasts the full tenure.
Worked example: ₹50,00,000 corpus, 10% expected return, ₹40,000/month withdrawal for 15 years → total withdrawn ₹72,00,000 with corpus still remaining at the assumed rate. If withdrawals are too high relative to returns, the tool shows the depletion month.
Key rules
SWP can be set up in growth or dividend plans (where permitted). Minimum withdrawal amounts and frequencies depend on the AMC. Stopping SWP does not affect units already redeemed.
Unlike a bank FD interest payout, SWP does not preserve principal automatically — corpus can shrink in weak markets.
Tax treatment
Each SWP instalment is a redemption taxable as capital gains. Equity and debt funds have different holding-period thresholds and rates under the Income Tax Act. Consult current rules or a tax professional.
SWP vs FD payout vs SIP
| Feature | SWP | FD interest payout | SIP |
|---|---|---|---|
| Direction of cash flow | Money out from MF corpus | Interest paid out by bank | Money in to MF corpus |
| Corpus after withdrawals | May grow, shrink or deplete | Principal intact until maturity | Builds over time |
| Return certainty | Market-linked, not guaranteed | Fixed contracted rate | Market-linked, not guaranteed |
| Typical user | Retirees needing monthly income | Conservative savers wanting fixed income | Accumulators building corpus |
Building corpus: SIP calculator. Fixed deposit: FD calculator.
Who should use an SWP calculator?
Retirees and FIRE planners estimating whether a target monthly withdrawal is sustainable, and financial planners stress-testing corpus longevity under conservative return assumptions.
Frequently asked questions about SWP
How does SWP work in mutual funds?
You instruct the AMC to redeem a fixed number of units (or rupee amount) periodically. Proceeds are credited to your bank account. The remaining units stay invested and participate in market movement.
How is SWP calculated in this tool?
The calculator grows the corpus monthly at the expected return, then deducts withdrawals on your chosen frequency (monthly, quarterly or yearly). Optional annual step-up raises the withdrawal each year. A chart and year schedule show remaining corpus over time.
What is max sustainable withdrawal mode?
It estimates the largest fixed withdrawal (for your frequency) that can last the full tenure without depleting the corpus under your return assumption — useful for reverse-engineering a retirement cash-flow plan.
Can my SWP corpus run out?
Yes. If withdrawals plus poor returns exceed growth, the corpus depletes. The calculator shows the depletion month when this happens under your assumptions.
Is SWP tax-efficient?
Each SWP redemption is a sale of units, triggering capital gains per holding-period rules. Some retirees prefer SWP over FD interest for potential tax treatment on equity funds — consult a tax adviser for your situation.
What withdrawal rate is sustainable?
A common planning rule abroad is the 4% rule; in India, sustainable rates depend on return assumptions, inflation and tax. Test different withdrawal amounts in this calculator.
SWP vs FD monthly interest payout?
FD non-cumulative deposits pay fixed interest; principal is known. SWP withdrawals come from a fluctuating corpus. FD suits certainty; SWP suits potentially higher but variable growth.
Does SWP guarantee fixed monthly income?
You fix the withdrawal amount, but if the corpus depletes, income stops. Unlike an annuity or pension, there is no insurer guarantee unless you buy a guaranteed product separately.
Can I change SWP amount later?
Most AMCs allow increasing, decreasing or stopping SWP through a request. Rules are in the scheme information document.
What if markets fall during SWP?
Falling NAV means more units are sold to fund the same withdrawal, accelerating corpus decline — sequence-of-returns risk. This is why conservative return assumptions matter in retirement planning.
Is SWP regulated by SEBI?
Yes. SWP is a facility offered within SEBI-regulated mutual fund schemes. Only invest through registered intermediaries.
Disclaimer: Simulation only. Does not account for tax, exit load or changing NAV. Not financial advice.
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