Comments on: Why you should opt for Systematic Withdrawl Plan (SWP)

By: Mayank Gupta

Mayank Gupta — Sat, 08 Oct 2011 17:55:29 +0000

Look dear Soni,
HDFC Equity Fund has delivered 34.62% SIP returns from a period of 1 Jan 2001 to 31 dec 2010. But I would like my investors to expect 17-18% in equity mutual funds diversified schemes

By: Soni

Soni — Wed, 05 Oct 2011 08:07:07 +0000

What should b the return after having SIP for more than 10 yrs?

By: Mayank Gupta

Mayank Gupta — Tue, 31 May 2011 11:25:59 +0000

In reply to Atanu.

Even in case of SWP, any amount withdrawn before one year is liable for tax as well as exit load

By: Atanu

Atanu — Tue, 31 May 2011 09:21:01 +0000

In reply to Mayank Gupta.

Does the same applies for SWP as well… Please explain.
Thanx in advance.

By: Mayank Gupta

Mayank Gupta — Tue, 31 May 2011 09:13:48 +0000

In reply to Atanu.

Yes, any amount withdrawn before one year is liable for tax, otherwise not. Let us know if you have any more queries!!!
http://www.wealthbazaar.in

By: Atanu

Atanu — Tue, 31 May 2011 05:00:45 +0000

Can you provide more information on the tax implications on SWP.
If we withdraw the whole amount at one go then long term capital gains are exempt from tax I guess (assuming every single SIPs have covered 1 year).