SIP Calculator is useful for calculating maturity amounts of your mutual fund investments when you are planning for financial goals. You can also find the returns required to achieve your financial goals and select mutual funds accordingly.
Note - Mutual fund returns over long term can be estimated as 10% (Conservative), 12%
(Moderate) and 13.5% (Aggressive) for your reference.
What is meant by SIP?
An SIP is a smart and easy way to invest in Mutual Funds. SIP allows you to invest a fixed amount on a monthly basis. It is a planned approach towards investments that helps you develop a discipline of regular investing and create more wealth over the long term.