Arya Sukhi

  Equity Linked Savings Schemes (ELSS) are a type of tax-saving mutual fund that provides attractive long-term capital appreciation along with tax benefits. However, to maximise returns from ELSS investments, it is important to withdraw funds systematically using a SWP (Systematic Withdrawal Plan). This article explains how an SWP calculator for ELSS can help optimise withdrawals. What is a SWP? A systematic withdrawal plan, or SWP, allows investors to withdraw a fixed sum periodically from their mutual fund investments. SWPs are a useful way to get regular income or meet specific financial goals. For ELSS investors, SWPs can help liquidate funds in a tax-efficient manner after the mandatory 3-year lock-in period. Benefits of Using a SWP Calculator The key benefit of using this calculator for ELSS is that it helps determine the optimal SWP amount that maximises overall returns. Specifically, a good calculator factors in elements like expected capital appreciation, dividends, taxes...

  Retirement planning is crucial to ensure you have enough income to cover your expenses when you stop working. Two key tools that can help maximize retirement income are the systematic withdrawal plan (SWP) and mutual fund returns calculators . Using them together allows you to tailor an optimal income strategy. The SWP allows you to set up automated regular withdrawals from your mutual fund investments. This provides a steady stream of income in retirement. When setting up an SWP, you must consider the withdrawal rate - the percentage of your portfolio withdrawn each year. Traditionally, 4% is considered a safe rate that balances limiting portfolio depletion and generating adequate income. Using an swp calculator can help determine a sustainable withdrawal rate based on your specific portfolio and income needs. While the SWP offers simplicity, more planning is needed to maximize returns. This is where MF returns calculators come in. By inputting your expected investment horizon,...