Finance calculators

SWP Calculator

Updated Jun 25, 2026 By Jehan Wadia
Formulas
Investment & Withdrawal
₹5,00,000
₹10,000
8.0% per annum
Schedule

Time Period OR
Choosing here recalculates the equivalent duration.
Optional Panels

Summary Results
Total Investment
Total Amount Withdrawn
Final Portfolio Value
Number of Installments
Withdrawal Period
Estimated Return (XIRR)
Net Gain / Loss
Total Growth Earned
Max Sustainable Withdrawal / Period
Break-Even Corpus Needed
Corpus Composition
SegmentAmount
Corpus Value & Cumulative Withdrawals Over Time
Step-by-Step Solution
Period-by-Period Breakdown

Introduction

A Systematic Withdrawal Plan (SWP) lets you take out a fixed amount of money from your mutual fund investment at regular intervals. Instead of pulling out all your money at once, you withdraw it in smaller parts — weekly, monthly, or quarterly — while the rest of your corpus keeps growing.

This SWP Calculator helps you see exactly what happens to your investment over time. Enter your total lump sum investment amount, how much you want to withdraw each period, your expected rate of return, and how long you plan to withdraw. The calculator then shows you your remaining balance after each withdrawal, the total growth your money earns, and whether your corpus will last the full duration.

You can also switch to Advanced Mode to pick a specific fund house and scheme, view estimated capital gains tax on each redemption, and see how short-term and long-term gains are split. Optional panels let you check the inflation-adjusted value of your withdrawals or run a what-if comparison between two different scenarios side by side.

The tool calculates your maximum sustainable withdrawal — the highest amount you can take out each period without running out of money. It also finds the break-even corpus — the minimum investment you would need to support your desired withdrawal. A full period-by-period breakdown table, step-by-step math, and interactive charts make it easy to plan your SWP with confidence.

How to Use Our SWP Calculator

Enter your investment details, withdrawal preferences, and expected return rate below. The calculator will show your remaining portfolio value, total amount withdrawn, number of installments, and whether your money will last the full period.

Calculator Mode: Pick "Simple (Rate-Based)" for a quick estimate using a return rate you choose. Pick "Advanced (Fund-Based)" if you want to select a mutual fund and see capital gains tax estimates.

AMC / Fund House (Advanced only): Type or select the fund house name, such as HDFC or SBI.

Scheme (Advanced only): After you pick a fund house, choose the specific mutual fund scheme from the list.

Scheme Type (Advanced only): Select "Equity" or "Debt" so the calculator applies the correct tax rules to your gains.

Total Investment (Lump Sum): Enter the total amount of money you have invested or plan to invest. Use the slider or type a number in rupees. If you are still deciding on the right amount, our Lumpsum Calculator can help you project the growth of a one-time investment.

Withdrawal Amount / Period: Enter how much money you want to take out each period. This is the fixed amount withdrawn every week, fortnight, month, or quarter.

Expected Annual Return Rate: Enter the yearly return you expect your investment to earn, shown as a percentage. You can use our CAGR Calculator to estimate a fund's historical annual growth rate.

Withdrawal Frequency: Choose how often you want to withdraw — weekly, fortnightly, monthly, or quarterly.

SWP Day of Month: Pick the day of the month when each withdrawal should happen.

Lump Sum Investment Date: Enter the date when you invested or will invest your lump sum amount.

SWP Start Date: Enter the date when your first withdrawal should begin. This must be on or after your investment date.

Time Period: Choose how long you want withdrawals to continue. Pick a preset like 5 or 10 years, or type a custom number. You can also toggle "Use exact End Date" and pick a specific end date instead. To figure out how many years your savings need to last, try our How Long Will My Money Last Calculator.

Show Inflation-Adjusted Projection: Turn this on and enter an inflation rate to see what your withdrawals and final corpus are worth in today's money. For a deeper look at how inflation erodes purchasing power, check the Inflation Calculator.

Enable What-If Comparison: Turn this on to test a second scenario with a different withdrawal amount and return rate side by side with your main plan.

Click Calculate to see your results, charts, and a full period-by-period breakdown table. Click Reset to clear all fields and start over. You can also download the breakdown as a CSV file.

What Is a Systematic Withdrawal Plan (SWP)?

A Systematic Withdrawal Plan, or SWP, lets you take out a fixed amount of money from your mutual fund investment at regular intervals. Instead of pulling out all your money at once, you withdraw a little at a time — monthly, quarterly, weekly, or fortnightly. The rest of your money stays invested and keeps growing through the power of compound interest.

How Does an SWP Work?

You start by investing a lump sum into a mutual fund. Then, on a set schedule, the fund sells a small number of your units and sends you cash. The units you still hold continue to earn returns. Over time, your total number of units goes down because some are sold with each withdrawal. If your investment earns more than you take out, your money can last a long time. If you withdraw too much, your corpus runs out early.

Who Should Use an SWP?

SWPs are popular with retirees who need a steady income from their savings. If you are planning for retirement, our Retirement Calculator and FIRE Calculator can help you determine whether your nest egg is large enough to support regular withdrawals. SWPs are also useful for anyone who wants regular cash flow without selling their entire investment. Unlike a fixed deposit, an SWP gives your remaining money the chance to grow while you spend a part of it. For a similar concept involving guaranteed periodic payments, you may also want to explore our Annuity Calculator.

Key Things to Know

Withdrawal amount matters. If you pull out more than your fund earns each period, your balance will shrink faster. The calculator above shows you the maximum sustainable withdrawal — the highest amount you can take out without running dry before your chosen end date. You can use the How Long Will My Money Last Calculator to test different drawdown scenarios.

Returns are not guaranteed. Mutual fund returns go up and down. The calculator uses a fixed assumed return rate to give you an estimate. Real results will vary. Tools like the ROI Calculator or CAGR Calculator can help you evaluate past performance of a fund before you set your expected return.

Taxes apply. Each SWP withdrawal is a partial redemption of your mutual fund units. This means you may owe capital gains tax. Equity funds and debt funds have different tax rules and holding period thresholds. Short-term gains are taxed at a higher rate than long-term gains. Use a Tax Calculator or consult a tax professional for personalized estimates.

Inflation reduces buying power. A withdrawal of ₹10,000 today will buy less in 10 years. The inflation-adjusted projection in this calculator helps you see the real value of your withdrawals over time. Our Inflation Calculator can show you exactly how much purchasing power you lose over any period. Understanding the present value of future cash flows is essential for accurate retirement planning.

SWP vs SIP: What Is the Difference?

A SIP (Systematic Investment Plan) puts money into a mutual fund on a regular schedule. An SWP does the opposite — it takes money out on a regular schedule. SIPs help you build wealth over time — and if you want to increase your SIP contribution each year, the Step Up SIP Calculator can model that growth. SWPs help you use that wealth as income. Many investors use a SIP during their working years to accumulate a corpus, then switch to an SWP in retirement for steady cash flow. To see how your corpus might grow before you start withdrawals, try the Future Value Calculator or the Compound Interest Calculator.


Formulas used

Periodic Growth Rate
i = \frac{r}{f}
Period Balance Recursion
B_k = B_{k-1}(1 + i) - W
Final Corpus Value (Closed Form)
B_n = P(1+i)^{n} - W \cdot \frac{(1+i)^{n} - 1}{i}
Maximum Sustainable Withdrawal per Period
W_{\max} = \frac{P \cdot i}{1 - (1+i)^{-n}}
Break-Even Corpus Needed
C_{BE} = \frac{W \left(1 - (1+i)^{-n}\right)}{i}
XIRR (Internal Rate of Return)
\sum_{k=0}^{N} \frac{CF_k}{(1+r)^{\,t_k}} = 0

Frequently asked questions

What is an SWP Calculator?

An SWP Calculator is a tool that shows how your mutual fund investment changes when you take out money on a regular schedule. You enter your total investment, withdrawal amount, expected return rate, and time period. The calculator then shows your remaining balance after each withdrawal, total money taken out, and total growth earned.

Is this SWP Calculator free to use?

Yes. This SWP Calculator is completely free. You can use it as many times as you want without any sign-up or payment.

What is the difference between Simple Mode and Advanced Mode?

Simple Mode uses a return rate you enter to estimate your SWP results. Advanced Mode lets you pick a specific fund house and scheme, simulates NAV-based unit redemptions, and shows estimated capital gains tax split into short-term and long-term categories.

What does the maximum sustainable withdrawal mean?

It is the highest amount you can withdraw each period so your money lasts the entire duration you chose. If you withdraw more than this amount, your corpus will run out before the end date.

What is break-even corpus?

Break-even corpus is the minimum lump sum you need to invest so that your desired withdrawal amount can continue for the full time period without the money running out.

What does XIRR mean in the results?

XIRR stands for Extended Internal Rate of Return. It is the annualised return that accounts for the exact timing of every cash flow — your initial investment, each withdrawal, and your final remaining balance. It gives a more accurate picture of your actual return than a simple average.

What happens if my corpus gets depleted before the end date?

The calculator shows a warning badge telling you exactly which installment number your money runs out. It also suggests a lower withdrawal amount that would make your corpus last the full period.

Can I change the withdrawal frequency?

Yes. You can choose weekly, fortnightly, monthly, or quarterly withdrawals from the frequency dropdown. The calculator adjusts all results based on your selection.

Does the calculator account for taxes?

In Advanced Mode, the calculator estimates short-term and long-term capital gains on each withdrawal. It uses the holding period threshold for equity or debt funds depending on the scheme type you select. These are estimates for planning only, not tax advice.

How does the inflation-adjusted projection work?

When you turn on the inflation toggle and enter an inflation rate, the calculator shows what your final corpus and total withdrawals are worth in today's money. This helps you see how much buying power you actually have after inflation reduces the value of future rupees.

What is the What-If Comparison feature?

It lets you test a second scenario with a different withdrawal amount and return rate. The calculator shows both scenarios side by side so you can compare total withdrawals, final portfolio value, net gain or loss, and whether each scenario lasts the full period.

Are the NAV values in Advanced Mode real?

No. The NAV values are simulated using your assumed annual return rate. This tool does not pull live NAV data from any fund house. The simulated values help illustrate how unit redemption and capital gains work.

Can I download the period-by-period breakdown?

Yes. Click the Download CSV button below the breakdown table. It saves a CSV file with every period's opening balance, growth, withdrawal, and closing balance to your device.

What does the yellow warning row in the breakdown table mean?

A yellow highlighted row means your closing balance for that period is very low — less than two times your withdrawal amount. It is an early warning that your corpus may run out soon.

What return rate should I use?

Use a return rate that matches the type of fund you plan to invest in. Equity funds have historically returned around 10% to 14% per year. Debt funds typically return around 6% to 8%. Past returns do not guarantee future results, so be conservative in your estimate.

Can I set a specific end date instead of choosing years?

Yes. Toggle the Use exact End Date switch and pick a calendar date. The calculator will figure out how many withdrawal installments fit within that date range.

What is the SWP Day of Month?

It is the day of each month when your withdrawal happens. For example, if you pick day 5, the calculator schedules each monthly withdrawal on the 5th. If a month has fewer days, it adjusts to the last day of that month.

Does the calculator use simple interest or compound interest?

It uses compound interest. Growth is calculated on your current balance each period, and that growth is added before the withdrawal is subtracted. This means your remaining money earns returns on top of earlier returns.

What is the minimum investment amount I can enter?

The minimum lump sum investment is ₹1,000 and the minimum withdrawal amount is ₹100 per period.

How accurate are the results?

The results are estimates based on a fixed return rate you enter. Real mutual fund returns vary from period to period. Use this calculator for planning purposes and not as a guarantee of future outcomes.