Understanding SWP: Systematic Withdrawal Plan

In the ever-evolving landscape of personal finance and investment, a Systematic Withdrawal Plan (SWP) stands out as a practical tool for generating regular income from your investments. While SIPs (Systematic Investment Plans) are more commonly discussed, SWPs cater to those who seek steady cash flow without liquidating their entire investment. Let’s delve into what an SWP is, its features, benefits, and why it might be the right choice for you.