Mutual fund and SWP

I have invested 10 lakhs in mutual funds 1 year ago. So, can I withdraw 10% amount every month.?
So, is it right way to withdraw and can I assume that after 10% withdrawal every month for next 4 to 5 year, my invested amount’s return atleast grow 2 to 3 % PA ..?
 

sayandeb

KF Ace
From the data you provided your monthly withdrawal amount will be 100000, if I'm correct then it's impossible in long run to make a monthly withdrawal with such high amount for just 6 years (as I took the maximum time you provided), so just forget about this type of plan and return is littrely impossible.

Furthermore @TaxWiser can help you.
 

zacobite

KF Mentor
I have invested 10 lakhs in mutual funds 1 year ago. So, can I withdraw 10% amount every month.?
So, is it right way to withdraw and can I assume that after 10% withdrawal every month for next 4 to 5 year, my invested amount’s return atleast grow 2 to 3 % PA ..?
if u withdraw 10 % p. m u will run out in 16-18 months max.. maybe earlier as well.. forget 4 -5 yrs.. if u withdraw 10% every YEAR then maybe 10 yrs or more
 
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