Systematic Withdrawal Plan (SWP) Calculator
Enter your starting corpus, monthly withdrawal amount, expected portfolio return, and duration. The calculator models month-by-month cash flows and alerts you if your corpus risks depletion.
A ₹50,00,000 mutual fund corpus with an SWP of ₹40,000 per month at an assumed 9% return provides ₹96,00,000 in total cash flows over 20 years, leaving an estimated remaining corpus of ₹31,29,917.
Conservative hybrid funds typically target 7%–9%; equity funds 10%–12%.
Remaining corpus
₹51,05,806
after 20 years of withdrawals
Total withdrawn
₹84,00,000
Starting corpus
₹50,00,000
Total growth generated
₹85,05,806
✓ Sustainable Withdrawal Plan
Your portfolio generates enough growth (8.5% p.a.) to sustain your monthly withdrawals of ₹35,000 for the full 20 years, leaving a closing balance of ₹51,05,806.
Year-by-Year SWP Cashflow & Balance Schedule
| Year | Withdrawn (Yr) | Total Withdrawn | Growth (Yr) | Closing Balance |
|---|---|---|---|---|
| Year 1 | ₹4,20,000 | ₹4,20,000 | ₹4,22,106 | ₹50,02,106 |
| Year 2 | ₹4,20,000 | ₹8,40,000 | ₹4,22,292 | ₹50,04,398 |
| Year 3 | ₹4,20,000 | ₹12,60,000 | ₹4,22,495 | ₹50,06,892 |
| Year 4 | ₹4,20,000 | ₹16,80,000 | ₹4,22,715 | ₹50,09,607 |
| Year 5 | ₹4,20,000 | ₹21,00,000 | ₹4,22,955 | ₹50,12,562 |
| Year 6 | ₹4,20,000 | ₹25,20,000 | ₹4,23,216 | ₹50,15,778 |
| Year 7 | ₹4,20,000 | ₹29,40,000 | ₹4,23,500 | ₹50,19,279 |
| Year 8 | ₹4,20,000 | ₹33,60,000 | ₹4,23,810 | ₹50,23,089 |
| Year 9 | ₹4,20,000 | ₹37,80,000 | ₹4,24,147 | ₹50,27,235 |
| Year 10 | ₹4,20,000 | ₹42,00,000 | ₹4,24,513 | ₹50,31,748 |
| Year 11 | ₹4,20,000 | ₹46,20,000 | ₹4,24,912 | ₹50,36,660 |
| Year 12 | ₹4,20,000 | ₹50,40,000 | ₹4,25,346 | ₹50,42,007 |
| Year 13 | ₹4,20,000 | ₹54,60,000 | ₹4,25,819 | ₹50,47,825 |
| Year 14 | ₹4,20,000 | ₹58,80,000 | ₹4,26,333 | ₹50,54,159 |
| Year 15 | ₹4,20,000 | ₹63,00,000 | ₹4,26,893 | ₹50,61,051 |
| Year 16 | ₹4,20,000 | ₹67,20,000 | ₹4,27,502 | ₹50,68,554 |
| Year 17 | ₹4,20,000 | ₹71,40,000 | ₹4,28,165 | ₹50,76,719 |
| Year 18 | ₹4,20,000 | ₹75,60,000 | ₹4,28,887 | ₹50,85,606 |
| Year 19 | ₹4,20,000 | ₹79,80,000 | ₹4,29,673 | ₹50,95,279 |
| Year 20 | ₹4,20,000 | ₹84,00,000 | ₹4,30,528 | ₹51,05,806 |
Remaining corpus
₹51,05,806
- What it is:
- A calculator for systematic monthly withdrawals from mutual funds.
- What it calculates:
- Total cash flow generated, remaining corpus, and portfolio depletion timeline.
Key Assumptions
- Withdrawals are taken at the start of each month.
- Remaining capital earns returns compounded monthly.
- Returns are planning assumptions, not guaranteed market outcomes.
How it works
A Systematic Withdrawal Plan (SWP) allows you to withdraw a fixed amount of money from your mutual fund scheme at regular monthly intervals, providing a steady income stream in retirement.
The calculation runs month by month: each month's withdrawal is deducted from the balance, and the remaining capital continues to earn compounding returns at your assumed annual rate.
If your monthly withdrawal rate is lower than the portfolio's growth rate, your corpus can sustain payments indefinitely and continue growing.
If your withdrawal rate exceeds portfolio returns, your capital will gradually deplete. The calculator detects this condition and warns you of the exact month and year the corpus reaches zero.
Unlike dividend options, SWP withdrawals trigger capital gains tax only on the profit portion of the redeemed units under post-July 2024 tax rules (LTCG at 12.5% beyond ₹1.25 Lakh exemption for equity funds).
Formula
Balance_m = (Balance_{m-1} - Withdrawal) x (1 + r/12)
- Balance_m
- = remaining portfolio balance at end of month m
- Withdrawal
- = fixed monthly cashflow withdrawn at start of month
- r
- = assumed annual portfolio return as a decimal (e.g. 0.085 for 8.5%)
If balance drops below the monthly withdrawal, actual withdrawal is capped to remaining balance and the depletion date is flagged.
Example calculation
₹50,00,000 corpus with ₹40,000 monthly withdrawal at 9% return
- Starting investment corpus
- ₹50,00,000
- Monthly withdrawal amount
- ₹40,000
- Annual cash flow generated
- ₹4,80,000
- Total withdrawn over 20 years
- ₹96,00,000
- Remaining corpus after 20 years
- ₹31,29,917
- Total investment growth generated
- ₹77,29,917
Frequently asked questions
What is an SWP in mutual funds and how does it work?
Why is an SWP more tax-efficient than FD interest or dividends?
What happens if my withdrawal exceeds the portfolio growth rate?
What is a safe withdrawal rate for retirement in India?
Related calculators
Tools that complement this calculation.
Further reading
Learn how increasing your monthly SIP by 10% annually creates 50% to 100% more wealth than a normal flat SIP. Real math, calculations, and examples.
Calculate your target retirement corpus in India accounting for inflation, life expectancy, and post-retirement expenses. Find your required monthly SIP.
Find out exactly how much a ₹10,000 monthly SIP becomes after 10 years at 10%, 12%, and 15% CAGR. Detailed return breakdown and post-tax numbers.
Calculate your 15-year Public Provident Fund (PPF) maturity value at 7.1% interest. Learn about EEE tax status, partial withdrawals, and 5-year extensions.
Authoritative Sources
- Association of Mutual Funds in India (AMFI) - SWP Mechanics· verified 1 October 2026
- Income Tax Department - Capital Gains Tax Slabs (Finance Act 2024)· verified 1 October 2026
Reviewed by Pradipta Ray, Editor · Updated