SIP Calculator
Investing in mutual fund in a systematic manner, through SIP, is the best approach when you are not experienced to invest in equity by yourself. Let the expert people take care of it for you without compromising on your returns. SIP calculator helps to calculate returns from your investment made via SIP at regular intervals over a long period of time.
Systematic Investment Plan (SIP)
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. Systematic Investment Plan (SIP) is a kind of investment plan offered by the mutual fund companies, where investors (retail or institutional in nature) can invest into a selected mutual fund periodically (weekly/monthly/quarterly).
Why use SIP calculator?
When one is going to invest into mutual fund over a long period of time, they should consider the SIP calculator a key tool to calculate their high returns at the end of tenure. SIP uses the power of compounding to give you a higher return. With the help of SIP calculator, a potential investor will be able to calculate the approximate earnings for a particular amount that is invested within a periodic interval of time (weekly/monthly/quarterly.) Normally, monthly SIP is the most chosen option for the investors.