Top 7 SWP Mutual Funds: On Rs 50 lakh investment; top fund has given Rs 75K monthly pension for 10 years and Rs 22.76 lakh balance

Systematic Withdrawal Plan: SWP is a popular mutual fund withdrawal system through which investors get a fixed monthly income after investing a lump sum amount. The scheme is more popular among senior citizens who need a monthly income/pension since their source of income may deplete with time. If used smartly, SWP can not only provide a monthly income but can also increase your corpus. It can be done if your rate of return is higher than the pension you are withdrawing. E.g., if you earn a 10 per cent annual return on your investments and withdraw a 7 per cent amount, your fund will increase even after withdrawing a good amount of pension.

Some of the top performing SWP funds in the last decade are hybrid funds. 

Quant Absolute Fund - Growth Option - Regular Plan

It has given a CAGR of 17.13 per cent in the last 10 years to top the chart.

Here, we are giving you the list of the top 7 SWP mutual funds that, on a Rs 50 lakh lump sum investment, each have been given a Rs 75,000 monthly pension, and the one with their investment in the top fund still has a Rs 22.76 lakh balance after withdrawing 120 instalments of Rs 75,000 each (Rs 90 lakh in total).

Quant Absolute Fund - Growth Option - Regular Plan  

Its regular plan is the top-performing SWP, with a 17.13% return in the last 10 years.

The person who invested Rs 50 lakh in the fund 10 years ago has gotten a Rs 75,000 pension for 10 years.

After withdrawing 120 instalments (Rs 90 lakh in total) till date, they still have a balance of Rs 22,76,212 in their fund. 

ICICI Prudential Equity & Debt Fund - Growth

The fund in the No. 2 position has annual returns of 16.88 per cent.

After 120 instalments of Rs 75,000 each in the last 10 years, the one with their investment in the scheme still has Rs 20,55,079 as a balance in their fund.

DSP Equity & Bond Fund- Regular Plan - Growth

The fund in the No. 3 position has given a 16.21 per cent return in the 10-year period.

The one who has withdrawn a Rs 75,000 monthly pension in that period after a Rs 50 lakh investment still has Rs 14,91,604 in their account.

Canara Robeco Equity Hybrid Fund - Regular Plan - Growth Option

The fund has given an annualised return of 16.13 per cent in the last 10 years.

After withdrawing 120 instalments of Rs 75,000 each after a Rs 50 lakh investment, the investor still has Rs 14,31,110 in their account. 

HDFC Hybrid Equity Fund - Growth Plan

The fund from HDFC has given a return of 16.09 per cent in the 10-year period.

The investor, after withdrawing Rs 75,000 from his monthly pension for 10 years, still has Rs 13,98,385 in balance.

SBI Equity Hybrid Fund - Regular Plan -Growth

The fund at No. 6 has given returns of 15.70 per cent in the last 10 years.

The one who had invested Rs 50 lakh in the fund has a balance of Rs 10,96,206 in their fund after withdrawing 120 instalments of Rs 75,000 monthly pension.

HSBC Aggressive Hybrid Fund - Regular Growth

The mutual fund from HSBC has given a 15.45 per cent return in the 10-year period.

The investor still has Rs 9,11,038 in balance after having withdrawn Rs 75,000 in monthly pension for 120 months.