SWP – Simply Wonderful Product
If someone invested 1 Crore and he took 10% of the principal every year, either one time or payable monthly see the tax impact.
Assume the portfolio is generating 11% then there is no tax.
In case if the portfolio is generating 12% then the tax is just Rs. 6,667
In case if the portfolio is generating 13% then the tax is just Rs. 13,077
In case if the portfolio is generating 14% then the tax is just Rs. 18,571
In case if the portfolio is generating 15% then the tax is just Rs. 23,333
In case if the portfolio is generating 16% then the tax is just Rs. 27,500
In case if the portfolio is generating 17% then the tax is just Rs. 31,176
In case if the portfolio is generating 18% then the tax is just Rs. 34,444
SWP is the most tax efficient tool, which is hardly utilized.
Disclaimer: Please note that investing in mutual funds carries market risks. It is important to carefully read all scheme-related documents before making any investment decisions. The information contained in the reports is intended for informational purposes only and should be used solely by the recipient. While we have taken great care in compiling the data and contents of this report, we make no representations about the reasonableness of the assumptions or accuracy of any data. Any decisions made based on this information are the sole responsibility of the recipient. We reserve the right to correct any errors or discrepancies in the reports if they are observed or brought to our attention at any time.
