Motilal Oswal AMC introduces new features in SWP; calls it 'FAB' plan

At the heart of this offering is the company's vision to give investors more control when planning their long-term financial goals and lifestyle choices

Motilal Oswal Asset Management Company (MOAMC) has announced a new feature of its SWP facility called the Motilal Oswal Fixed Amount Benefit (FAB) Plan. Investors can withdraw a regular amount of their investment at a fixed percentage and at a predefined frequency, regardless of the movement of the market value of their investment.

The balance component generates income continuously, is tax-efficient compared to other investment options, and also provides wealth accumulation. Investors can begin with a monthly withdrawal of Rs 500 or more, depending on their cash flow requirements.

The frequency can be marked as monthly, quarterly, or yearly. The