What is 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.
Features
- Systematic Transfer Plan (STP) Calculator.
- Systematic Withdrawal Plan (SWP) Calculator.
- Save and View Investment Plan.
- SIP Top Options - Top Up Amount or Percentage, Frequency-Yearly/Half Yearly, Top Up Cap Amount.
- Reminder for monthly installment.
You get a rough estimate on the maturity amount for any monthly SIP, based on a projected annual return rate.
For a common person, whatever is left out of all expenditure does go to savings(or investments). It is not like many people say, save first and then spend. So based on what is left, you can choose what investment plan suits you.
You can invest into mutual funds from the following:
SBI Mutual Fund
HDFC Mutual Fund
Reliance Mutual Fund
Franklin Mutual Fund
DSP BlackRock Mutual Fund
Birla Mutual Fund
IDFC Mutual Fund
What can you do with SIP Calculator?
This SIP calculator lets you get an estimate of the future value of your monthly deposit
for the tenure of up to 20 years for multiple SIP-based investment options and even get an expert consultation from experienced wealth managers to help you plan your investments