SBI Bandhan SWP

These days individuals are constantly seeking innovative solutions to manage their investments and secure the financial well-being of their loved ones. Recognizing this need, SBI Mutual Fund introduced the Bandhan SWP (Systematic Withdrawal Plan) in February 2018. This unique facility provides a structured approach to giving financial assistance to immediate family members, while also leveraging the potential of mutual fund investments.

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Invest
₹ 10,000
Invest for
AUM (Cr)

₹11,852

NAV

₹170.36

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.57 20.21 18.11 %

View Fund
Instant tax receipt
AUM (Cr)

₹3,206

NAV

₹70

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.23 16.64 15.26 %

View Fund
Instant tax receipt
AUM (Cr)

₹2,581

NAV

₹72.1

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.5 15.41 14.86 %

View Fund
Instant tax receipt
AUM (Cr)

₹34,475

NAV

₹79.08

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.37 15.69 14.73 %

View Fund
Instant tax receipt
AUM (Cr)

₹5,492

NAV

₹82.08

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.62 14.08 14.42 %

View Fund
Instant tax receipt
AUM (Cr)

₹422

NAV

₹67.53

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.85 13.09 13.9 %

View Fund
Instant tax receipt
AUM (Cr)

₹4,838

NAV

₹68.5

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.04 14.13 13.72 %

View Fund
Instant tax receipt
AUM (Cr)

₹206

NAV

₹47.79

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.38 13.81 13.26 %

View Fund
Instant tax receipt
AUM (Cr)

₹3,452

NAV

₹40.62

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.44 12.15 13.18 %

View Fund
Instant tax receipt
AUM (Cr)

₹136

NAV

₹55.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.72 13.36 13.08 %

View Fund
Instant tax receipt
AUM (Cr)

₹3,206

NAV

₹70

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.23 16.64 15.26 %

View Fund
AUM (Cr)

₹2,581

NAV

₹72.1

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.5 15.41 14.86 %

View Fund
AUM (Cr)

₹422

NAV

₹67.53

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.85 13.09 13.9 %

View Fund
AUM (Cr)

₹4,838

NAV

₹68.5

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.04 14.13 13.72 %

View Fund
AUM (Cr)

₹206

NAV

₹47.79

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.38 13.81 13.26 %

View Fund
AUM (Cr)

₹3,452

NAV

₹40.62

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.44 12.15 13.18 %

View Fund
AUM (Cr)

₹136

NAV

₹55.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.72 13.36 13.08 %

View Fund
AUM (Cr)

₹7,369

NAV

₹149.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.36 13.39 12.99 %

View Fund
AUM (Cr)

₹3,154

NAV

₹68.79

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.28 12.98 12.93 %

View Fund
AUM (Cr)

₹1,918

NAV

₹55.46

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.37 11.2 11.68 %

View Fund
AUM (Cr)

₹11,852

NAV

₹170.36

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.57 20.21 18.11 %

View Fund
AUM (Cr)

₹34,475

NAV

₹79.08

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.37 15.69 14.73 %

View Fund
AUM (Cr)

₹5,492

NAV

₹82.08

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.62 14.08 14.42 %

View Fund
AUM (Cr)

₹10,579

NAV

₹65.54

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 21 21.1 22 %

View Fund
AUM (Cr)

₹13,736

NAV

₹121.03

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.93 21.84 18.81 %

View Fund
AUM (Cr)

₹1,042

NAV

₹74.1

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.78 14.46 14.74 %

View Fund
AUM (Cr)

₹13,101

NAV

₹70.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.18 13.31 13 %

View Fund
AUM (Cr)

₹3,457

NAV

₹59.76

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 13.3 12.8 12.6 %

View Fund
AUM (Cr)

₹1,050

NAV

₹53.97

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.24 12.65 12.41 %

View Fund
AUM (Cr)

₹498

NAV

₹56.5

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.12 11.49 11.27 %

View Fund
AUM (Cr)

₹224

NAV

₹27.39

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.04 8.98 9.88 %

View Fund
AUM (Cr)

₹847

NAV

₹41.27

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.58 6.76 7.26 %

View Fund
AUM (Cr)

₹532

NAV

₹38.63

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.15 6.64 6.95 %

View Fund
AUM (Cr)

₹131

NAV

₹30.34

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.83 6.53 6.84 %

View Fund
AUM (Cr)

₹72

NAV

₹41.78

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.37 6.34 6.79 %

View Fund
AUM (Cr)

₹91

NAV

₹39.39

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.11 6.35 6.57 %

View Fund
AUM (Cr)

₹16,641

NAV

₹50.39

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.16 6.16 6.56 %

View Fund
AUM (Cr)

₹166

NAV

₹47.35

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 4.58 5.85 6.55 %

View Fund
AUM (Cr)

₹1,080

NAV

₹47.17

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.57 6.22 6.54 %

View Fund
AUM (Cr)

₹1,623

NAV

₹44.07

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.23 5.89 6.42 %

View Fund
AUM (Cr)

₹896

NAV

₹101.55

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.3 15.84 15.14 %

View Fund
AUM (Cr)

₹348

NAV

₹47.72

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.08 10 10.08 %

View Fund
AUM (Cr)

₹62

NAV

₹60.35

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.01 8.84 9.74 %

View Fund
AUM (Cr)

₹4,753

NAV

₹39.5

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8 9.06 9.71 %

View Fund
AUM (Cr)

₹438

NAV

₹102.48

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 7.79 8.83 9.56 %

View Fund
AUM (Cr)

₹765

NAV

₹39.15

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 8.46 9.27 9.38 %

View Fund
AUM (Cr)

₹20,171

NAV

₹71.6

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 7.35 8.69 9.36 %

View Fund
AUM (Cr)

₹6,428

NAV

₹107.79

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 7.8 8.89 9.27 %

View Fund
AUM (Cr)

₹260

NAV

₹30.67

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 7.93 8.83 9.15 %

View Fund
AUM (Cr)

₹1,682

NAV

₹43.42

Estimated Value

₹

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 9.09 9.23 9.13 %

View Fund
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What is SBI Bandhan SWP?

Bandhan SWP is a specialized Systematic Withdrawl Plan facility that allows you to systematically withdraw a pre-determined amount from your SBI Mutual Fund investments and transfer it directly to the bank account of an immediate family member. This empowers you to provide regular financial support for their monthly sustenance, lifestyle maintenance, or recurring expenses.

Essentially, it's a structured way to give financial assistance while leveraging your existing mutual fund investments.

Key Features of Bandhan SWP 

  1. Beneficiary Focus: 

    Designed to support immediate family members (spouse, parents, children, or siblings).

  2. Regular Payouts: 

    Provides consistent income streams to the beneficiary.

  3. Direct Transfer: 

    Funds are directly credited to the beneficiary's bank account.

  4. Tax-Friendly: 

    Transfers are treated as gifts, potentially offering tax advantages.

SWP Calculator
Total Investment
₹
Withdrawal per month
₹
Expected annual returns(p.a.)
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Time period
Years
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Your total Investment
₹5,00,000
Total amount withdrawn
₹6,00,000
Final value
5,218
View plans

How to Start Bandhan SWP? 

  1. For New SBI Mutual Fund Investors:

    • Invest in an SBI Mutual Fund Scheme: 

      Choose an open-ended fund, preferably with a growth option.

    • Opt for Bandhan SWP: 

      Specify the beneficiary details, withdrawal amount, duration, and frequency.

    • Provide Beneficiary Details: 

      The beneficiary must be an Indian resident and an immediate family member.

    • Set Withdrawal Parameters: 

      The minimum monthly withdrawal is ₹5,000, and the minimum duration is 1 year.

    • Submit KYC Documents: 

      Include proof of the relationship between the investor and the beneficiary.

    • Provide Bank Details: 

      Submit a cancelled cheque leaf or bank statement/passbook of the beneficiary for direct credit.

    • Receive Regular Payouts: 

      Funds will be credited to the beneficiary's account on the specified date.

  2. For Existing SBI Mutual Fund Investors (Growth Plan):

    • You can directly activate the Bandhan SWP facility.

Start An Sip Today Watch Your Money Grow Start An Sip Today Watch Your Money Grow

Benefits of Bandhan SWP

  1. Regular Cash Flows to Your Loved Ones:

    • Provides a reliable source of income for your family members.

    • Offers flexibility in choosing the withdrawal amount and frequency.

    • Facilitates seamless financial support.

  2. Tax Benefits:

    • Transfers are considered gifts to immediate family members, which are generally tax-free under current Indian tax laws.

    • It is important to remember that any income generated from the gifted money, such as interest, will be taxable according to the beneficiary's income tax slab.

  3. Long-Term Wealth Creation Opportunity:

  4. Investing in suitable SBI Mutual Fund growth schemes can help build wealth over time.

  5. This allows the investor to provide for their loved ones, while also maintaining their own investment growth.

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Conclusion

SBI Bandhan SWP is a valuable tool for individuals seeking to provide consistent financial support to their loved ones. Its unique structure, tax-friendly nature, and potential for long-term wealth creation make it an attractive option, A diversified portfolio often includes investments from the best SIP plans available in the market, particularly for middle-aged investors and those approaching retirement. It provides a structured method to provide for loved ones, while maintaining the benefits of investing in mutual funds.

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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer:#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All SIPs listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).

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