Sentences with phrase «start swp»

One of the better strategies is to start SWP after one year from the investment date.

Thanks for the reply, yes I am going to start SWP / STP from these Debt funds to two Balanced Funds ie TATA Balanced Fund anf HDFC Balanced Fund.

Invest in lumpsum in any well performing equity mutual fund say 1 lakh and give it a year to grow to be out of liability from tax and exit load and then start SWP option with an amount equal to 9 % per annum divided into 12 months which will give you regular monthly income.

Case 1: Initial investment: 10 lakh; start SWP right away 10K every month with rate of return @ 12 % per annum (STCG tax and exit load is not taken into consideration here)-- your investment corpus will last for 480 months (40 years) and you will only be left with 8300 / - rs after 480 monthly withdrawals.

Is it not possible for a retired person to invest in Equity based balanced fund and starting SWP after 1 year at a reasonable rate say 8 % p.a. so that his income would be tax free and and fund corpus also grows steadily?

Not exact matches

You can make lump sum one time investments, sell existing investments, start SIPs and do STPs, SWPs and make Switch transactions (including switch from regular plan to direct plan) through Unovest.

Say if you need 10K per month income, then, simply invest 10 lakhs and wait for 1 year and start doing SWP for 10 K on a monthly basis, it is that simple!

You are an expert in this investing world, you know better than me how SWP works but still I am confident enough about SWP strategy provided you start withdrawing between 9 % -12 % per annum.