Benefits of an SWP

1. Regular Income: Perfect for individuals seeking a steady flow of income, especially retirees.
2. Rupee Cost Averaging: By redeeming units periodically, you may benefit from rupee cost averaging, though the concept is more pronounced in SIPs.
3. Inflation Hedge: Investing in equity or hybrid mutual funds for SWPs can provide growth potential, offsetting inflation.

Control Over Investments: Unlike fixed annuities, you retain control over the remaining corpus, which you can reinvest or withdraw as needed.