What is SIP ?

A Systematic Investment Plan (SIP) is like a friendly helper offered by mutual fund companies. It lets you invest a small amount regularly (weekly, monthly, or quarterly) in a mutual fund of your choice. It's like a well-behaved buddy for everyday investors, providing a steady and hands-off way to grow wealth over the long haul, thanks to the magic of compounding. Since you're putting money in at regular intervals, usually every month, it helps cushion the impact of ups and downs in the market. Imagine having a SIP calculator – a tool that helps you figure out how much wealth you could accumulate and the returns you might expect from your monthly SIP investments. It's like peeking into the future to get a rough idea of what your money could turn into, based on a predicted annual return rate. And if you've got a bunch of Fixed Deposits (FD) in your financial mix, there's an FD calculator too. It gives you a ballpark figure of how much you could end up with when your FD matures. Cool, right?

Benefits of SIP as compare to Lumpsum investment

• Forget about trying to predict or time the market – that's not the smart strategy for achieving long-term returns. With monthly investments, you sidestep the chaos of market ups and downs, thanks to a technique called unit cost averaging. It's like having a shield against volatility.
• This approach is super hands-off and practically runs on autopilot. Your monthly contributions can be effortlessly deducted without you lifting a finger. It's the ultimate commitment to guaranteed savings and investments.
• Flexibility is the name of the game here. You have the power to create, update, or cancel your Systematic Investment Plan (SIP) whenever you want. Plus, the entry point is as low as Rs. 1000 per month for most funds. It's your financial journey, on your terms.