After creating a Systematic Withdrawal Plan (SWP), you can manage it anytime based on your withdrawal requirements. You can modify SWP details, pause withdrawals temporarily, skip an upcoming withdrawal, resume a paused SWP, or cancel the SWP altogether.
Steps to Modify an SWP
A SWP cannot be modified while it is in a paused state. Resume the SWP before making any changes.
Modify requests for an SWP may take up to 2–3 working days for exchange approval. Withdrawals due during this period may not reflect the updated details.
On FYERS App
- Open the FYERS App.
- Tap Orders from the bottom navigation bar.
- Select Mutual Funds → SWP.
- Open the SWP and tap Modify.
- Update the withdrawal amount, frequency, or schedule date.
- Review the changes and confirm.
On FYERS Web
- Log in to FYERS Web.
- Go to Orders → Mutual Funds → SWP.
- Open the SWP and click Modify.
- Update the withdrawal amount, frequency, or schedule date.
- Review the changes and confirm.
Steps to Pause an SWP
Pause requests for an SWP may take up to 2–3 working days to be approved by the exchange. Any withdrawal scheduled during this period may still be executed.
On FYERS App
- Open the SWP from Orders → Mutual Funds → SWP.
- Tap Pause.
- Choose one of the following options:
- Pause for a fixed number of withdrawals
- Pause indefinitely
- Confirm to pause the SWP.
On FYERS Web
- Open the SWP from Orders → Mutual Funds → SWP.
- Click Pause.
- Choose one of the following options:
- Pause for a fixed number of withdrawals (auto-resumes)
- Pause indefinitely (manual resume required)
- Confirm to pause the SWP.
Steps to Resume a Paused SWP
On FYERS App
- Open the paused SWP from Orders → Mutual Funds → SWP.
- Tap Resume.
- Confirm to resume withdrawals as scheduled.
On FYERS Web
- Open the paused SWP from Orders → Mutual Funds → SWP.
- Click Resume.
- Confirm to resume withdrawals as scheduled.
Steps to Skip an SWP Withdrawal
On FYERS App
- Open the SWP from Orders → Mutual Funds → SWP.
- Tap Skip withdrawal for the upcoming withdrawal.
- Confirm to skip the withdrawal.
On FYERS Web
- Open the SWP from Orders → Mutual Funds → SWP.
- Click Skip withdrawal for the upcoming withdrawal.
- Confirm to skip the withdrawal.
Steps to Cancel an SWP
On FYERS App
- Open the SWP from Orders → Mutual Funds → SWP.
- Tap Cancel SWP.
- Confirm to cancel the SWP.
On FYERS Web
- Open the SWP from Orders → Mutual Funds → SWP.
- Click Cancel SWP.
- Confirm to cancel the SWP.
All SWP actions apply only to future withdrawals, and each withdrawal is processed as a redemption with applicable exit load, taxes, and depository charges.
What If...
| Scenario | Outcome |
|---|
| I modify my SWP | The updated details apply only to future withdrawals. |
| I pause my SWP for a fixed number of withdrawals | The SWP resumes automatically after the specified count. |
| I pause my SWP indefinitely | The SWP remains paused until it is manually resumed. |
| I skip an SWP withdrawal | Only the next withdrawal is skipped and cannot be undone. |
| I cancel my SWP | All future withdrawals stop permanently. |
Last updated: 09 Jan 2026