SIP calculator
Systematic Investment Plan (SIP) is a kind of investment scheme offered by all Mutual Funds.
With SIP you can invest a small amount regularly (weekly, monthly, quarterly) into the selected Mutual Fund.
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Benefits of SIP Investments
With SIP, you can gain from the Power of Compounding by starting investing a small amount and reaping big returns. The earlier you start the more you benefit.
- Disciplined Investment: Investing in open market needs knowledge, research, technical analysis and a lot of time. This is a daunting task for a normal person, besides being risky. But with disciplined and regular investments the need to actively tracking the market gets eliminated.
- Takes Benefits of Rupee Cost Averaging: Rupee Cost Averaging is a sound strategy to eliminate the need to time the market. You only have to invest a fixed pre-decided amount of money on a regular basis for a long period of time.
- Simple, convenient and easy to track: You can concentrate on your profession or business and relax. No need to track the market and progress of your investments.