SWP enables investors to withdraw money from a mutual fund scheme at pre-determined intervals (monthly, quarterly, half-yearly, or yearly). Based on the investor’s order, an same amount is abstracted by the fund house. The investor can start an SWP by giving instructions to the asset management company and providing significant details, such as folio number, scheme name, withdrawal amount, timing, and bank account in which the amount is to be credited SWP is always a better and an efficient way of deriving regular income.