A Systematic Withdrawal Plan (SWP) is a facility that allows an investor to withdraw money from an existing mutual fund at predetermined intervals.

SWP helps investors to create a regular ﬂow of income from their investments. Existing investors looking for income at periodical intervals usually use SWP to fund expenses during retirement.

Systematic Withdrawal Plans is of advantage to investors who require liquidity as it allows investors to access their money exactly when they need it. This makes it easier for the investors to carry out their ﬁnancial plans and meet their goals.