SIP Calculator Online in India
Many prospective investors may confuse SIPs with mutual funds. However, SIPs are essentially a method of investing in mutual funds, with the alternative being a lump sum investment. A SIP Calculator Online serves as a tool to estimate the returns achievable by investing in such financial instruments. Systematic Investment Plan, or SIP, entails investing a fixed amount of money in mutual funds at regular intervals. Typically, SIPs offer investment options on a weekly, quarterly, or monthly basis. What is a SIP Calculator? A SIP calculator serves as a straightforward tool enabling individuals to estimate the returns on their mutual fund investments made through SIP. SIP Investments in Mutual Funds have gained significant popularity among millennials recently. These mutual fund SIP calculators are designed to provide potential investors with an approximation of their mutual fund investments. However, the actual returns offered by a mutual fund scheme vary depending on various factors.