SWP Mutual Funds - Query

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Critic
Mumbhai
I want to create a SWP (Systematic Withdrawal Plan) in mutual funds and withdraw 1% monthly as income.

Why this thread? I am into F&O and haven't dealt in the cash market or mutual funds, so I am seeking advice.

Query: Best mutual funds? how to diversify my funds across mutual funds? Risk should be low, expecting 10% growth annually. Also suggest the best App to do so. Thanks.
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Deal Lieutenant Deal Lieutenant
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Best app is mfcentral, direct app from cams and kfintech collab.

10% returns you can get in nifty 50 directly. But suggest some nifty next 50 index fund in the mix

Deal Cadet Deal Cadet
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Withdraw 0.6% approx monthly..your withdrawal percentage annually should be less than growth percentage annually so 7.2<10%  for your funds to grow compounding ever

Commentator Commentator
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10% and low risk both can not be done. Since you are looking for SWP, something with low volatility and moderate return should be your preference. Something like Gilt Fund, corporate bond fund, dynamic bond fund or even dynamic asset allocation fund.

Deal Cadet Deal Cadet
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How much u burnt in F&O ?

Critic Critic
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During the learning phase I lost 2.5lacs, that was around 2016.

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