Finance Guru Speaks: This article will provide information on how to online register for Systematic Withdrawal Plan (SWP) in Quantum Mutual Fund for generating regular income.
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| Quantum Mutual Fund - Start SWP |
SWP is a process through which you can redeem mutual funds units or amount on a periodic basis. For example, you can withdraw INR 2000 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 Quantum Long Term Equity Value Fund to register the SWP. However, you may select any other Mutual fund scheme, steps will remain the same for this fund house.
It is better to register yourself to the Quantum MF website in order to perform online transactions like Purchase, Redeem, SWP, etc. You can follow this link to get yourself registered to this fund house. Make sure you have your Mobile No. and
Email ID correctly registered in the fund house.
Steps to follow to start online SWP in Quantum Mutual Fund:-
1. Open Quantum Mutual Fund home page after clicking here
2. As shown below, click Submit button. Here, we are using combination of UserID and Password. You can even login after generating OTP on your registered Mobile No.:-
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| Quantum Mutual Fund Login |
3. In the Home Page, under Transact, click on SWP as shown below:-
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| (Click to enlarge) Quantum Mutual Fund SWP |
4. On the Next Page, under SWP Registration, click on Register SWP against your Mutual Fund:-
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| (Click to enlarge) Quantum Mutual Fund SWP |
5. On the Next Page, provide SWP Frequency, Period and SWP Amount and click on Submit button:-
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| (Click to enlarge) Quantum Mutual Fund SWP |
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| (Click to enlarge) Quantum Mutual Fund SWP |
6. Review all the SWP details and click on Confirm button:-
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| (Click to enlarge) Quantum Mutual Fund SWP |
Congratulations on your successful Online SWP Registration of Quantum Long Term Equity Value Mutual Fund.
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| (Click to enlarge) Quantum Mutual Fund SWP |
The Mutual Fund SWP amount will be directly credited to your Registered Bank Account on the selected frequency (e.g. monthly basis).
Images Courtesy: Quantum Mutual Fund Website
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