Use our SIP Calculator to plan your systematic investment in mutual funds. Estimate returns, set financial goals, and invest wisely for a secure financial future.
FAQ
A SIP is a method of investing in mutual funds where investors regularly contribute a fixed amount of money at predefined intervals (usually monthly) to build wealth over time.
SIP allows investors to buy units of a mutual fund scheme at regular intervals. The invested amount is used to purchase units of the chosen fund at the prevailing Net Asset Value (NAV) on the SIP date.
Benefits of SIP include disciplined saving, rupee cost averaging, compounding, flexibility, and the ability to start with a small investment.
SIP is suitable for both. Short-term SIPs can be used for goals within 1-3 years, while long-term SIPs can help accumulate wealth over several years.
Yes, most mutual fund companies allow investors to change their SIP amount or frequency based on their financial goals and capacity.
The minimum and maximum SIP investment amounts vary depending on the mutual fund scheme and fund house. Typically, the minimum SIP amount is around ₹500, but it can be lower for some funds.
Yes, investors can stop or pause their SIP at any time without incurring penalties. However, it's advisable to consult with the fund house or financial advisor before doing so.
Mutual funds may charge a small fee known as the expense ratio, which is deducted from the fund's assets to cover operating expenses. There are generally no charges specific to SIPs.
Factors to consider when selecting a mutual fund for SIP include your financial goals, risk tolerance, investment horizon, and the fund's performance history.
In SIP, you invest a fixed amount regularly, while in lump-sum investments, you invest a larger amount all at once. SIPs offer the benefit of rupee cost averaging and disciplined saving.
Yes, you can. The redemption process typically takes a few days, and you may be subject to exit loads or taxes depending on the fund's terms.
Yes, like all mutual fund investments, SIPs are subject to market risk. The value of your investments can fluctuate based on the performance of the underlying securities in the fund.
Yes, most mutual fund houses offer online platforms where you can start and manage your SIP investments.
Yes, SIP is a popular choice for beginners as it provides an easy and disciplined way to invest in mutual funds.
Yes, you can have multiple SIPs in different mutual fund schemes to diversify your investments based on your financial goals and risk tolerance.