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We at Kotak Mahindra Mutual Fund (KMMF), strive to ensure that our investors are offered paramount services. We understand investors' grievance and shall endeavor to resolve it by ascertaining all facts and documents available to provide you a fair resolution.
- SWP: Unveiling features of Systematic Withdrawal Plans
What is SWP? If as an investor you are seeking to generate...
- SWP: Unveiling features of Systematic Withdrawal Plans
Oct 11, 2023 · What is SWP? If as an investor you are seeking to generate passive income or looking for a potential source of fund to compensate for pension during retirement or to cover educational expenses of your children or for any other reason, then, SWP can be a convenient and flexible option.
SWP (Systematic Withdrawal Plan) is a type of strategy that enables all investors to regularly cash a variable or fixed amount from their mutual fund with Kotak. Learn about full form, meaning, benefits, considerations & differences from SIP.
To register for SWP, select SWP at the top and enter the units amount or units to register for SWP. Enter the number of installment, select start date, accept T&C and click on Place Order. Click on 3 dots for the scheme you want to Switch or setup SWP.
Systematic Withdrawal Plan. Declaration and Signatures.
Instructions & Information. Please refer the Key Information Memorandum and Scheme Information Document of the respective Scheme(s) and Statement of Additional Information for Applicable NAV, Risk Factors, Load Structure and other information on the Scheme(s). KYC is mandatory irrespective of STP amount.
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3. STP/ SWP registration needs to be submitted to the Registrar/ AMC 7 days prior to the date of commencement of STP. In case the STP/ SWP commencement date is less than 7 days from the date of submission of registration form and the date opted for, then the same would be registered for the next cycle.