Best 4 SWPs for Monthly Income: Large and Midcap Mutual Funds Category

Systematic Withdrawal Plans (SWPs) are increasingly becoming a go-to option for retirees and investors seeking consistent monthly income while keeping their capital exposed to growth opportunities. SWPs allow investors to withdraw a fixed amount periodically, ensuring financial stability alongside potential capital appreciation. This blog delves into the top 4 equity large and midcap mutual funds offering SWPs, supported by their performance, returns, and current values.

Top 4 SWPs in Large and Midcap Equity Mutual Funds

Here’s a curated list of the top 4 SWPs based on their performance, total withdrawals, and current returns.

1. Mirae Asset Large and Midcap Fund

• Launch Date: 02-07-2010
• Lumpsum Amount: ₹10,00,000
• Withdrawal Period: 01-01-2013 to 01-12-2024
• No. of Monthly Installments: 120
• Total Withdrawal Amount: ₹36,00,000
• Current Value: ₹22,390
• XIRR Return: 29.5%

Mirae Asset provided a total withdrawal of ₹36,00,000 over 120 months.

2. Canara Robeco Emerging Equities

• Launch Date: 05-03-2005
• Lumpsum Amount: ₹10,00,000
• Withdrawal Period: 01-01-2013 to 01-12-2024
• No. of Monthly Installments: 106
• Total Withdrawal Amount: ₹31,80,000
• Current Value: ₹22,740
• XIRR Return: 28.55%

 Total withdrawal amount of ₹31,80,000 across 106 months.

3. Sundaram Large and Midcap Fund

• Launch Date: 10-02-2007
• Lumpsum Amount: ₹10,00,000
• Withdrawal Period: 01-01-2013 to 01-12-2024
• No. of Monthly Installments: 84
• Total Withdrawal Amount: ₹25,20,000
• Current Value: ₹12,230
• XIRR Return: 25.88%

Although the withdrawal period is shorter, Sundaram Large and Midcap withdrawal amont stood at ₹25,20,000 across 84 months 

4. SBI Large & Midcap Fund

• Launch Date: 28-02-1993
• Lumpsum Amount: ₹10,00,000
• Withdrawal Period: 01-01-2013 to 01-12-2024
• No. of Monthly Installments: 69
• Total Withdrawal Amount: ₹20,70,000
• Current Value: ₹24,270
• XIRR Return: 22.76%

SBI Large & Midcap Fund enabling withdrawals of ₹20,70,000 over 69 months.

How Does the Withdrawal Amount Work in SWPs?

The fixed withdrawal amount in an SWP, like ₹30,000 per month in this example, is deducted systematically from the investment corpus. While the principal amount funds the withdrawals, the remaining corpus continues to grow or decline based on market performance.

Calculation Example: Mirae Asset Large and Midcap Fund

1. Lumpsum Investment: ₹10,00,000
2. Monthly Withdrawal: ₹30,000
3. Withdrawal Period: 120 months (01-01-2013 to 01-12-2024)
4. Total Withdrawal: ₹30,000 × 120 = ₹36,00,000
5. Current Value: ₹22,390

Even after 120 months of consistent withdrawals, the corpus value remains positive. 

Planning a steady income from your investments? Use our SWP Calculator to estimate your withdrawal amounts and plan a sustainable financial future. Start calculating today!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.