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SWP Calculator

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Calculate systematic withdrawal plan from mutual fund investment

₹20 lakh
₹
₹15 thousand
₹
%
years
%
To keep up with inflation: 5% raises ₹15,000 a month to ₹15,750 in the second year. 0 keeps it the same.
Your money lasts
Until year 28
The money runs out in month 7 of year 28.
Total withdrawn in 15 years
₹27,00,000
Remaining corpus
₹14,23,270
Total returns earned
₹21,23,270
Corpus at the end of each year
YearOpeningReturnsWithdrawnClosing
1₹20,00,000₹1,59,250₹1,80,000₹19,79,250
2₹19,79,250₹1,57,528₹1,80,000₹19,56,778
3₹19,56,778₹1,55,663₹1,80,000₹19,32,441
4₹19,32,441₹1,53,643₹1,80,000₹19,06,083
5₹19,06,083₹1,51,455₹1,80,000₹18,77,539
6₹18,77,539₹1,49,086₹1,80,000₹18,46,624
7₹18,46,624₹1,46,520₹1,80,000₹18,13,144
8₹18,13,144₹1,43,741₹1,80,000₹17,76,886
9₹17,76,886₹1,40,732₹1,80,000₹17,37,617
10₹17,37,617₹1,37,473₹1,80,000₹16,95,090

Runs entirely in your browser. Nothing you type or upload is sent to us or stored.

Results are estimates, not financial advice. Rates, charges and rules change, so confirm with your bank, post office or a financial adviser before you decide. Terms of use

How to Use

  1. Enter your Initial investment: the mutual fund corpus you have, or plan to build.
  2. Enter the Monthly withdrawal you want to take.
  3. Set the Expected annual return (typically 8–12% for balanced or hybrid funds), the Withdrawal period in years and, to keep up with inflation, Increase the withdrawal each year by (0 keeps it the same).
  4. The headline shows how long your money lasts, even past the period you chose. Total withdrawn, the remaining corpus and the year-wise table change as you type; if the money runs out within the period, a warning shows the month.
  5. Download the table as CSV/Excel, or the full pdf report.

What is SWP?

A Systematic Withdrawal Plan (SWP) lets you take a fixed amount out of your mutual fund investment at regular intervals, such as every month or every quarter. It's the reverse of a SIP: instead of putting money in each month, you take it out. Retirees like SWPs because they get a regular income while the rest of the corpus stays invested. This SWP calculator shows how long your corpus will last.

SWP vs fixed deposit for retirement income

FeatureSWPFD interest withdrawal
Returns8–12% (market-linked)6–7.5% (fixed)
Can the corpus grow?YesNo (fixed principal)
Inflation protectionPartial (equity exposure)None
Tax (senior citizen, LTCG)12.5% on gains above ₹1.25L30% on interest (per slab)
FlexibilityHigh (can change amount)Low (fixed term)

How to make the corpus last

For your corpus to last indefinitely, your monthly withdrawal has to be less than the monthly return it earns. Take ₹1 crore at a 9% annual return. That earns ₹75,000 a month. Withdraw less than ₹75,000 a month and the corpus never runs down. In fact, it grows. Withdraw more and it shrinks over time.

How SWP is taxed

  • Each withdrawal from an equity fund counts as a redemption, and capital gains tax applies to the gains part of it.
  • LTCG (held 1+ year): 12.5% on gains above ₹1.25L a year.
  • STCG (held less than 1 year): 20% flat.
  • Debt fund gains are taxed at your income slab rate, however long you held them.

Frequently Asked Questions

For most retirees with a reasonable corpus, yes, on tax. FD interest is taxed at your slab rate, which is 30% for seniors in the top bracket. SWP redemptions are mostly long-term capital gains, taxed at 12.5% on gains above ₹1.25L. Equity funds can also grow faster than inflation, which may help the corpus last longer. A sensible approach is to split the corpus: some in FDs for stability, the rest in an equity or hybrid fund SWP.

Keep your monthly withdrawal below the monthly return the corpus earns. ₹1 crore at a 9% annual return earns ₹75,000 a month, so withdrawing ₹60,000 a month lets the corpus grow. To stay safe: (1) keep 2–3 years of expenses in an FD, (2) withdraw less in bad market years, (3) rebalance between equity and debt once a year, and (4) raise your withdrawal by the inflation rate, not more.

Each withdrawal sells more units, because the fund's NAV has fallen. Those units are gone for good, so future growth takes a permanent hit. This is called 'sequence of returns risk'. Ways to protect yourself: (1) keep 2 years' expenses in an FD and pause the SWP during a crash, (2) run the SWP from a hybrid or balanced advantage fund, which cuts equity on its own when markets look expensive, and (3) be willing to change how much you withdraw.