Power of compounding – small amount invested regularly will result to a larger return.No need to speculate and see for the time of investment in the market.The amount of time you want to continue investing and it ranges from 6 months minimum to 12 with different SIP plans.īenefits of SIP over lump-sum investments Enter the period you are willing to invest for.You can use historical return for reference but keep in mind that future returns may vary depending upon market conditions
Estimate the rate of return on your investment.Most of the SIP plans will start with a minimum of Rs 500 with some varying to Rs1000 a month. Enter the amount you are comfortable with investing monthly.Most importantly you will benefit from the power of compounding when you invest in Mutual Funds via SIP. Fintra encourages you to invest in mutual fund via SIP as it brings in financial discipline and inculcates the habit of saving. Benefits of SIP investment over lump-sum investments are numerous.įintra’s SIP calculator is a simple tool to compute returns made on your SIP primarily on your mutual fund investments. This is an approximate return and the actual return may vary due to tax, exit loads, expense ratio, etc. Recurring Deposit gives fixed returns to investors whereas SIP returns depend upon on a range of market factors. You can think of SIP as a type of Recurring Deposit for mutual funds with fund houses and brokers promoting this to help people grow their money. Since here the investing is done in regular intervals the amount of risk associated to market instability is reduced effectively. SIP or Systematic Investment Plan is a financial tool that helps to create wealth by enabling an investor to invest fixed amount regularly (weekly, monthly, quarterly) in a mutual fund scheme. So here’s the guide on basics of SIP & SIP Calculator to help you achieve your financial goals. What is SIP is the question on everyone’s mind even by the investors who have been investing for a long time.
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