Finance calculators

SWP Calculator

Updated Sep 1, 2026 By Infinity Calculator
Rate 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Total Amount Withdrawn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 The calculator will show your remaining portfolio value, total amount withdrawn, number of installments, and whether your money will last the full period.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.

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.

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.

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.

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. 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.

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.

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.

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. 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.

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. 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.


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.

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.

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.

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.

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.