SIP Calculator

What is SIP?

Systematic Investment Plan is the full form of SIP. SIP is one of the popular instruments of investment offered by different Mutual fund companies.

There are 2 ways to invest in mutual funds, and SIP is one of them. In SIP, you invest a particular amount on a monthly, quarterly, or annual basis. Monthly SIP is popular in India. In SIP, your money is invested in equity and bonds. There are multiple options to choose from. Which type of SIP do you want to start?

In an equity fund, your full amount is invested in equity, which is risky. But you can get higher returns as compared to a hybrid fund.

In Hybrid funds, your money is divided into two parts and invested in equity and Government bonds. The returns are comparatively lower than the equity, but there is very low risk.

Which SIP Type Should I choose?

It totally depends on your goal or objective. If you want to invest aggressively and earn more returns, then go for equity. You need to have penitence and the ability to take a risk. If you have more time and your age is below 30, then you can go for equity.

Hybrid funds are basically suitable for people who don’t want to take more risk and are happy with the lower returns than equity.

How To Invest in Mutual Funds.

Before investing in mutual funds, you need to have a clear idea about how much you are going to invest and how much you will earn. SIP Calculator is the tool for you to have a clear idea.

How to use the SIP Calculator?

You just need to enter the monthly amount you want to invest, the expected return, and the duration of your investment. By using this tool, you will get a clear idea about how much you will invest, how much total profit will be, and the total amount you will get.