Which mutual funds should I choose for a monthly SWP?

I am a 34 years old male. I am planning to retire from my job in UAE after two years. I have a lump sum of Rs 3 million as of now and hope to accumulate another one million by 2020. Kindly suggest mutual funds from which I can withdraw Rs 25,000 to 30,000 per month starting mid of the year 2020.
-- Abhilash Kallath

Abhay Shah, a certified financial planner, responds:


You can go for bunch of portfolio that may include -
Multicap funds like SBI Magnum MultiCap & Motilal Oswal Most Focused Multicap Fund,
Balanced Ffnd like ABSL Balanced Advantage Fund, Franklin India Dynamic PE Ratio Fund,
Equity savings funds like HDFC Equity Savings Fund, TATA Retirement Savings Fund.
This bunch of portfolio might give you yield of around 10 per cent which suits your needs of withdrawing Rs 25,000 to Rs30,000 per month from 2020.