1. How it Works
Structured Payouts: You choose a specific amount and frequency (monthly, quarterly, or annually) to be transferred from your mutual fund to your bank account.
Unit Redemption: On the scheduled date, the fund house redeems (sells) enough units of your mutual fund to meet the requested withdrawal amount based on that day's Net Asset Value (NAV).
Growth Potential: The remaining units stay invested and continue to have the potential to grow based on market performance.