Systematic Investment Plan(SIP) Calculator is useful to estimate the returns based on the amount you invest.
- The application takes monthly investment, number of years one will invest and expected rate of return as input and calculates the expected return amount.
- Mutual Fund SIP is the best way to create wealth in any kind of market
- The power of compounding works if we invest for a long term (typically more than 10 years)
- The application only helps in estimating the return and does not provide an accurate return value.
- The application does not consider the inflation into account.
- The returns may vary based on the market scenario when exiting from the investments.