Formula & Calculation Methodology
Calculates the remaining balance after deducting the monthly withdrawal and adding the monthly compounded interest.
Calculate how long your mutual fund corpus will last with a Systematic Withdrawal Plan (SWP) or find the final balance after regular monthly withdrawals.
Calculates the remaining balance after deducting the monthly withdrawal and adding the monthly compounded interest.
SWP allows an investor to withdraw a fixed amount regularly from a mutual fund investment, providing a steady income stream.