How To Start Online SWP In UTI Mutual Fund?

Finance Guru Speaks: This article will provide information on how to register for Systematic Withdrawal Plan (SWP) online in UTI Mutual Fund.

SWP is a process through which you can redeem mutual funds units or amount on a periodic basis. For example, you can withdraw INR 1000 per month from a Mutual fund and the amount will directly credit to your registered bank account. SWP is ideal for Senior Citizens or Investors who seek regular income from their investments.

In this article, we have taken UTI MID CAP fund to register the SWP. However, you may select any other Mutual fund scheme, steps will remain the same for this fund house.

Steps to follow to start online SWP in UTI Mutual Fund:-

1. Open UTI Mutual Fund website. Provide your Username and Password and click on SUBMIT button.

UTI Mutual Fund Login Page

2. In the Home page, click on i SIP/SWP/STRIP link as shown below:-

UTI Mutual Fund - Start SWP

3. In the Next Screen, select SWP Registration link as shown below:-

UTI Mutual Fund - Online SWP Registration

4. In the Next Screen, click Continue button.
5. Select the Folio and Mutual Fund Scheme to start Online SWP and click on GO button:-

UTI Mutual Fund - Select Mutual Fund to start SWP

6. On the Next page, provide SWP details like Frequency, SWP Amount, Period etc. Either generate OTP (click Get OTP button) on your registered mobile number or provide your Transaction PIN. Click on SUBMIT button:-

UTI Mutual Fund - Start SWP

7. Click on CONFIRM button after your crosscheck the details, as shown below:-

UTI Mutual Fund - Start SWP

Congratulations on your successful Online SWP Registration of UTI Mutual Fund.

UTI Mutual Fund - Start SWP

Images Courtesy: UTI Mutual Fund

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