The below table shows a list Of the SWP Mutual Funds In India Based on AUM, NAV and minimum SIP.
| Name | AUM (Cr) | NAV (Rs) | Minimum SIP (Rs) |
| HDFC Balanced Advantage Fund | 94048.24 | 547.02 | 100 |
| SBI Equity Hybrid Fund | 71495.31 | 305.72 | 5000 |
| ICICI Pru Balanced Advantage Fund | 60135.00 | 77.68 | 100 |
| SBI Long-Term Equity Fund | 27527.24 | 475.32 | 500 |
| DSP Equity & Bond Fund | 10093.56 | 379.44 | 100 |
| Aditya Birla SL Balanced Advantage Fund | 7459.71 | 113.87 | 100 |
| Kotak Equity Hybrid Fund | 6355.01 | 70.93 | 100 |
| Tata Hybrid Equity Fund | 3917.01 | 490.39 | 100 |
| Franklin India Balanced Advantage Fund | 2171.08 | 14.32 | 500 |
| Mirae Asset Equity Savings Fund | 1126.87 | 20.36 | 100 |
Introduction To SWP In Mutual Fund
HDFC Balanced Advantage Fund
HDFC Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from HDFC Mutual Fund. This fund has been operational for 11 years and 7 months, having been launched on January 1, 2013.
HDFC Balanced Advantage Fund falls under the Balanced Advantage Fund category with an AUM of ₹94,048.24 crores, a 5-year CAGR of 23.16%, an exit load of 1% and an expense ratio of 0.73%. The SEBI risk category is Very High. Its asset allocation includes 65.17% in Equity, 15.31% in Government Securities, 13.20% in Corporate Debt, 4.53% in Cash & Equivalents, 1.48% in REITs & InvIT and 0.31% in Others.
SBI Equity Hybrid Fund
SBI Equity Hybrid Fund is an Aggressive Hybrid mutual fund scheme from SBI Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
SBI Equity Hybrid Fund falls under the Aggressive Hybrid Fund category with an AUM of ₹71,495.31 crores, a 5-year CAGR of 16.89%, an exit load of 1% and an expense ratio of 0.73%. The SEBI risk category is Very High. Its asset allocation includes 72.63% in Equity, 11.62% in Government Securities, 9.06% in Corporate Debt, 3.77% in Cash & Equivalents, 2.38% in REITs & InvIT and 0.54% in Others.
ICICI Prudential Balanced Advantage Fund
ICICI Prudential Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
ICICI Prudential Balanced Advantage Fund falls under the Balanced Advantage Fund category with an AUM of ₹60,135.00 crores, a 5-year CAGR of 15.66%, an exit load of 1% and an expense ratio of 0.85%. The SEBI risk category is Very High. Its asset allocation includes 69.88% in Equity, 8.29% in Corporate Debt, 7.15% in Cash & Equivalents, 7.01% in Government Securities, 4.65% in REITs & InvIT and 3.02% in Others.
SBI Long-Term Equity Fund
SBI Long Term Equity Fund is an ELSS mutual fund scheme from SBI Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
SBI Long Term Equity Fund falls under the ELSS category with an AUM of ₹27,527.24 crores, a 5-year CAGR of 28.75%, no exit load and an expense ratio of 0.95%. The SEBI risk category is Very High. Its asset allocation includes 90.18% in Equity and 9.82% in Cash & Equivalents.
DSP Equity & Bond Fund
DSP Equity & Bond Fund is an Aggressive Hybrid mutual fund scheme from DSP Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
DSP Equity & Bond Fund falls under the Aggressive Hybrid Fund category with an AUM of ₹10,093.56 crores, a 5-year CAGR of 19.45%, an exit load of 1% and an expense ratio of 0.68%. The SEBI risk category is Very High. Its asset allocation includes 70.41% in Equity, 17.05% in Corporate Debt, 10.48% in Government Securities, 1.35% in Cash & Equivalents and 0.71% in Others.
Aditya Birla Sun Life Balanced Advantage Fund
Aditya Birla Sun Life Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
Aditya Birla Sun Life Balanced Advantage Fund falls under the Balanced Advantage Fund category with an AUM of ₹7,459.71 crores, a 5-year CAGR of 15.89%, an exit load of 0.25% and an expense ratio of 0.63%. The SEBI risk category is Very High. Its asset allocation includes 71.51% in Equity, 10.83% in Corporate Debt, 5.27% in Government Securities, 3.29% in Cash & Equivalents, 5.82% in REITs & InvIT and 3.28% in Others.
Kotak Equity Hybrid Fund
Kotak Equity Hybrid Fund is an Aggressive Hybrid mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been operational for 9 years and 10 months, having been launched on November 1, 2014.
Kotak Equity Hybrid Fund falls under the Aggressive Hybrid Fund category with an AUM of ₹6,355.01 crores, a 5-year CAGR of 22.46%, an exit load of 1% and an expense ratio of 0.44%. The SEBI risk category is Very High. Its asset allocation includes 73.62% in Equity, 18.70% in Government Securities, 4.41% in Corporate Debt, 3.18% in Cash & Equivalents, 0.09% in REITs & InvIT and 0.41% in Others.
Tata Hybrid Equity Fund
Tata Hybrid Equity Fund is an Aggressive Hybrid mutual fund scheme from Tata Mutual Fund. This fund has been operational for 11 years and 8 months, having been launched on January 1, 2013.
Tata Hybrid Equity Fund falls under the Aggressive Hybrid Fund category with an AUM of ₹3,917.01 crores, a 5-year CAGR of 17.87%, an exit load of 1% and an expense ratio of 0.99%. The SEBI risk category is Very High. Its asset allocation includes 76.00% in Equity, 10.36% in Corporate Debt, 9.56% in Government Securities, 4.08% in Cash & Equivalents and 0.00% in Others.
Franklin India Balanced Advantage Fund
Franklin India Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Franklin India Mutual Fund. This fund has been operational for 2 years and 1 month, having been launched on September 6, 2022.
Franklin India Balanced Advantage Fund falls under the Balanced Advantage Fund category with an AUM of ₹2,171.08 crores, no 5-year CAGR, an exit load of 1% and an expense ratio of 0.42%. The SEBI risk category is Very High. Its asset allocation includes 65.67% in Equity, 15.78% in Corporate Debt, 14.07% in Cash & Equivalents, 2.29% in Government Securities and 2.19% in Treasury Bills.
Mirae Asset Equity Savings Fund
Mirae Asset Equity Savings Fund is an Equity Savings mutual fund scheme from Mirae Asset Mutual Fund. This fund has been operational for 5 years and 9 months, having been launched on December 17, 2018.
Mirae Asset Equity Savings Fund falls under the Equity Savings category with an AUM of ₹1,126.87 crores, a 5-year CAGR of 14.31%, an exit load of 1% and an expense ratio of 0.34%. The SEBI risk category is Moderately High. Its asset allocation includes 68.42% in Equity, 12.77% in Government Securities, 9.95% in Cash & Equivalents, 6.95% in Corporate Debt and 1.91% in Certificate of Deposit.
What Is SWP In Mutual Fund?
Systematic Withdrawal Plan (SWP) in mutual funds is a facility that allows investors to withdraw a fixed amount or number of units from their mutual fund investment at regular intervals. It provides a structured way to generate periodic income from mutual fund investments.
SWP works by automatically redeeming a specified number of units or amounts from the investor’s mutual fund holdings at predetermined intervals. This can be monthly, quarterly, or as per the investor’s preference.
SWP is particularly useful for retirees or those seeking regular income from their investments. It allows investors to benefit from potential capital appreciation while also receiving a steady stream of income.
Features Of SWP In Mutual Fund
The main features of SWP in Mutual Funds include regular income generation, flexibility in withdrawal amount and frequency, potential for capital appreciation, tax efficiency and the ability to customize the plan according to individual needs.
1. Regular Income: SWP provides a structured way to generate periodic income from mutual fund investments, ideal for retirees or those needing regular cash flow.
2. Flexibility: Investors can choose the withdrawal amount and frequency (monthly, quarterly, etc.) based on their income needs and investment goals.
3. Capital Appreciation: While providing regular withdrawals, the remaining investment continues to potentially grow, benefiting from market appreciation.
4. Tax Efficiency: SWP can be more tax-efficient compared to interest income, as only the capital gains portion of the withdrawal is taxable.
5. Customization: Investors can adjust the withdrawal amount or frequency as per changing needs, providing adaptability to life changes.
Top And Best Performing SWP Mutual Funds In India
The table below shows the Top And best-performing SWP Mutual Funds In India based on the lowest to highest expense ratio.
| Name | Expense Ratio (%) | Minimum SIP (Rs) |
| Mirae Asset Equity Savings Fund | 0.34 | 100 |
| Franklin India Balanced Advantage Fund | 0.42 | 500 |
| Kotak Equity Hybrid Fund | 0.44 | 100 |
| Aditya Birla SL Balanced Advantage Fund | 0.63 | 100 |
| DSP Equity & Bond Fund | 0.68 | 100 |
| HDFC Balanced Advantage Fund | 0.73 | 100 |
| SBI Equity Hybrid Fund | 0.73 | 5000 |
| ICICI Pru Balanced Advantage Fund | 0.85 | 100 |
| SBI Long-Term Equity Fund | 0.95 | 500 |
| Tata Hybrid Equity Fund | 0.99 | 100 |
Best SWP Mutual Fund In India 2024
The table below shows the Best SWP Mutual Fund In India 2024 based on the Highest 3Y CAGR.
| Name | CAGR 3Y (Cr) | Minimum SIP (Rs) |
| SBI Long-Term Equity Fund | 29.92 | 500 |
| HDFC Balanced Advantage Fund | 26.51 | 100 |
| Kotak Equity Hybrid Fund | 19.78 | 100 |
| Tata Hybrid Equity Fund | 15.86 | 100 |
| DSP Equity & Bond Fund | 15.61 | 100 |
| ICICI Pru Balanced Advantage Fund | 14.98 | 100 |
| SBI Equity Hybrid Fund | 14.05 | 5000 |
| Aditya Birla SL Balanced Advantage Fund | 13.90 | 100 |
| Mirae Asset Equity Savings Fund | 11.83 | 100 |
Top SWP In Mutual Fund
The table below shows the Top SWP In Mutual Funds Based on exit load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.
| Name | AMC | Exit Load (%) |
| SBI Long-Term Equity Fund | SBI Funds Management Limited | 0 |
| Aditya Birla SL Balanced Advantage Fund | Aditya Birla Sun Life AMC Limited | 0.25 |
| HDFC Balanced Advantage Fund | HDFC Asset Management Company Limited | 1 |
| Kotak Equity Hybrid Fund | Kotak Mahindra Asset Management Company Limited | 1 |
| Tata Hybrid Equity Fund | Tata Asset Management Private Limited | 1 |
| DSP Equity & Bond Fund | DSP Investment Managers Private Limited | 1 |
| ICICI Pru Balanced Advantage Fund | ICICI Prudential Asset Management Company Limited | 1 |
| SBI Equity Hybrid Fund | SBI Funds Management Limited | 1 |
| Mirae Asset Equity Savings Fund | Mirae Asset Investment Managers (India) Private Limited | 1 |
| Franklin India Balanced Advantage Fund | Franklin Templeton Asset Management (India) Private Limited | 1 |
SWP In Mutual Fund Returns
The table below shows SWP In Mutual Fund Returns based on 1Y return
| Name | Absolute Returns – 1Y (%) | Minimum SIP (Rs) |
| SBI Long-Term Equity Fund | 57.05 | 500 |
| HDFC Balanced Advantage Fund | 37.87 | 100 |
| Kotak Equity Hybrid Fund | 34.62 | 100 |
| DSP Equity & Bond Fund | 31.35 | 100 |
| Tata Hybrid Equity Fund | 28.27 | 100 |
| SBI Equity Hybrid Fund | 26.59 | 5000 |
| Franklin India Balanced Advantage Fund | 26.51 | 500 |
| Aditya Birla SL Balanced Advantage Fund | 24.45 | 100 |
| ICICI Pru Balanced Advantage Fund | 24.05 | 100 |
| Mirae Asset Equity Savings Fund | 18.85 | 100 |
Historical Performance Of SWP In Mutual Fund
The table below shows the Historical Performance Of SWP In Mutual Funds Based on 5Y return
| Name | CAGR 5Y (Cr) | Minimum SIP (Rs) |
| SBI Long-Term Equity Fund | 28.75 | 500 |
| HDFC Balanced Advantage Fund | 23.16 | 100 |
| Kotak Equity Hybrid Fund | 22.47 | 100 |
| DSP Equity & Bond Fund | 19.45 | 100 |
| Tata Hybrid Equity Fund | 17.87 | 100 |
| SBI Equity Hybrid Fund | 16.90 | 5000 |
| Aditya Birla SL Balanced Advantage Fund | 15.90 | 100 |
| ICICI Pru Balanced Advantage Fund | 15.67 | 100 |
| Mirae Asset Equity Savings Fund | 14.31 | 100 |
Factors To Consider When Investing In SWP In Mutual Fund
When investing in SWP, consider the fund’s performance, withdrawal rate, investment horizon, tax implications and income needs. These factors can significantly impact the sustainability of your withdrawals and overall investment performance.
1. Fund Performance: Choose a fund with consistent long-term performance to ensure sustainable withdrawals over time.
2. Withdrawal Rate: Set a withdrawal rate that balances your income needs with the fund’s potential returns to avoid depleting your investment too quickly.
3. Investment Horizon: Align your SWP strategy with your long-term financial goals and expected investment duration.
4. Tax Implications: Understand the tax consequences of your withdrawals, as they may impact your overall returns and income.
5. Income Needs: Assess your regular income requirements and adjust the SWP accordingly to meet your financial needs.
How To Invest In SWP Mutual Fund?
To invest in a SWP Mutual Fund, start by selecting a suitable mutual fund scheme that aligns with your investment goals and risk tolerance. Choose a fund with a good track record and consistent performance. Determine your desired withdrawal amount and frequency based on your income needs.
Open an account with Alice Blue or your preferred mutual fund platform. Complete the necessary KYC procedures and invest a lump sum amount in the chosen mutual fund scheme. Set up the SWP by specifying the withdrawal amount, frequency and start date.
Regularly monitor your investment and SWP to ensure it continues to meet your financial needs. Be prepared to adjust your withdrawal strategy if market conditions change or your income requirements shift over time.
Impact Of Market Trends On SWP In Mutual Fund
Market trends can significantly impact SWP in Mutual Funds. During bull markets, the underlying fund value may grow, potentially allowing for higher or more sustainable withdrawals. In bear markets, the fund value may decrease, which could affect the longevity of your investment if withdrawal amounts remain constant.
It’s important to regularly review and adjust your SWP strategy based on market conditions. In volatile markets, you may need to consider reducing withdrawal amounts to preserve capital or switch to funds with more stable returns.
How SWP In Mutual Funds Perform In Volatile Markets?
SWP performance in volatile markets depends on the underlying fund’s ability to weather market fluctuations. During high volatility, the fund’s value may fluctuate significantly, which can impact the sustainability of fixed withdrawals. If the market drops sharply, continued withdrawals could deplete the investment faster.
However, SWP can also benefit from rupee cost averaging in reverse during volatility. When markets are down, more units are sold to meet the fixed withdrawal amount, potentially leaving more units to appreciate when markets recover.
Benefits Of SWP In Mutual Fund
The main benefits of SWP in Mutual Funds include regular income generation, potential for capital appreciation, flexibility, tax efficiency and better management of market volatility. These features make SWP an attractive option for investors seeking steady cash flow.
1. Regular Income: SWP provides a structured way to generate periodic income from mutual fund investments, ideal for retirees or those needing regular cash flow.
2. Capital Appreciation: While providing regular withdrawals, the remaining investment continues to potentially grow, benefiting from market appreciation over time.
3. Flexibility: Investors can adjust the withdrawal amount and frequency based on their changing needs, providing adaptability to life circumstances.
4. Tax Efficiency: SWP can be more tax-efficient compared to interest income, as only the capital gains portion of the withdrawal is taxable.
5. Volatility Management: SWP can help manage market volatility through rupee cost averaging in reverse, potentially optimizing long-term returns.
Risks Of Investing In SWP In Mutual Fund
The main risks of investing in SWP in a Mutual Fund include potential capital erosion, market risk, liquidity risk, withdrawal sustainability risk and the impact of poor fund selection. Investors should be aware of these risks when implementing a SWP strategy.
1. Capital Erosion: If withdrawal rates are too high or market performance is poor, there’s a risk of depleting the investment principal over time.
2. Market Risk: Market downturns can significantly impact the fund’s value, affecting the sustainability of fixed withdrawals.
3. Liquidity Risk: In case of unexpected market events, there may be challenges in meeting large withdrawal requests.
4. Withdrawal Sustainability: There’s a risk that the chosen withdrawal rate may not be sustainable over the long term.
5. Fund Selection Risk: Poor fund selection can lead to underperformance, affecting the ability to maintain desired withdrawal levels.
Contribution Of SWP In Mutual Fund To Portfolio Diversification
SWP in Mutual Funds can contribute to portfolio diversification by allowing investors to maintain exposure to growth assets while generating regular income. It enables investors to potentially benefit from market appreciation while meeting their income needs, balancing growth and income objectives.
By choosing funds from different asset classes or sectors for SWP, investors can further enhance diversification. This strategy can help manage risk and potentially improve long-term returns while providing a steady income stream.
Who Should Invest In SWP In Mutual Fund?
SWP in Mutual Fund is suitable for investors seeking regular income from their investments, such as retirees, individuals with irregular income, or those looking to supplement their regular income. It’s also beneficial for investors who want to gradually redeem their mutual fund investments over time.
Investors should have a sizeable corpus and a long-term investment horizon to benefit from SWP. They should be comfortable with market risks and understand that the value of their investment may fluctuate. SWP is ideal for those who prefer a structured approach to generating income from their investments.
Impact Of Fund Manager Expertise On SWP In Mutual Fund Performance
Fund manager expertise significantly impacts SWP in Mutual Fund performance. A skilled manager can potentially generate better returns, which is crucial for sustaining regular withdrawals. Their ability to navigate market conditions and make informed investment decisions directly affects the fund’s performance and, consequently, the sustainability of the SWP.
Experienced managers may also better balance the fund’s liquidity needs with growth objectives, ensuring smooth execution of regular withdrawals while aiming for capital appreciation. Their expertise in risk management can help preserve capital during market downturns, which is vital for long-term SWP success.
FAQs – Best SWP In Mutual Fund
Systematic Withdrawal Plan (SWP) in a mutual fund allows investors to withdraw a fixed amount at regular intervals from their investment. It provides a steady income flow while maintaining the investment, making it suitable for retirees or individuals seeking regular cash flow.
Top SWP In Mutual Fund #1: HDFC Balanced Advantage Fund
Top SWP In Mutual Fund #2: SBI Equity Hybrid Fund
Top SWP In Mutual Fund #3: ICICI Pru Balanced Advantage Fund
Top SWP In Mutual Fund #4: SBI Long-Term Equity Fund
Top SWP In Mutual Fund #5: DSP Equity & Bond Fund
These funds are listed based on the Highest AUM.
The best Systematic Withdrawal Plans (SWP) in mutual funds, based on expense ratio, are Mirae Asset Equity Savings Fund, Franklin India Balanced Advantage Fund, Kotak Equity Hybrid Fund, Aditya Birla SL Balanced Advantage Fund and DSP Equity & Bond Fund. These funds offer potential growth and income stability.
To invest in SWP, choose a suitable mutual fund, open an account with Alice Blue, complete KYC, invest a lump sum and set up the SWP by specifying the withdrawal amount, frequency and start date.
SWP typically doesn’t have a lock-in period. However, some funds may have exit loads for early withdrawals. It’s advisable to check the specific terms of the chosen fund before setting up a SWP.
SWP in Mutual Funds is not tax-free. The capital gains portion of each withdrawal is taxable. For equity funds, long-term capital gains (over 1 year) above ₹1 lakh per year are taxed at 10%.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
