Is there a minimum age requirement for starting an SWP?

Yes, there is typically a minimum age requirement for starting an SWP in India. While it may vary slightly between different financial institutions, the general requirement is that you must be 18 years old or older to open an investment account and initiate an SWP. For minors, an SWP can be initiated under the supervision of a guardian, who will manage the investments on behalf of the child until they reach adulthood. Once the individual turns 18, they can independently manage their investment accounts, including setting up or modifying an SWP. To learn about the profit you’d earn on your investment, use the SWP calculator to make an informed decision.