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A Systematic Withdrawal Plan (SWP) account allows investors to withdraw a fixed amount of money from their mutual fund investments at regular intervals, such as monthly or quarterly. This strategy is often used by retirees or those seeking a steady income stream from their investments. SWPs enable investors to access funds while still keeping their remaining investment working for them, potentially leading to long-term growth. It's an effective way to manage cash flow while maintaining investment exposure.

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AnswerBot

2mo ago

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