1 / 7

What is SIP calculator ?

SIP- SIP is an abbreviation of a Systematic Investment Plan. It is an investment strategy to invest in a certain amount of money at regular intervals of time in a mutual fund scheme. It is a fixed amount of money is auto-debited from the bank account of the investors and is assigned several units, as per the present Net Asset Value (NAV). SIP investment plans are the smartest and most convenient way of investing in mutual funds.<br>SIP Calculator- As the name suggests SIP calculator helps to calculate the wealth gain and the expected returns for the monthly SIP investment. User can get a rough estimate on the maturity amount for any monthly SIP Plan, based on the projected annual return rate.

Rishika21
Download Presentation

What is SIP calculator ?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. https://www.afinoz.com/systematic-investment-plan-calculator What is SIP Calculator ?

  2. What is SIP and SIP Calculator?SIP- SIP is an abbreviation of a Systematic Investment Plan. It is an investment strategy to invest in a certain amount of money at regular intervals of time in a mutual fund scheme. It is a fixed amount of money is auto-debited from the bank account of the investors and is assigned several units, as per the present Net Asset Value (NAV). SIP investment plans are the smartest and most convenient way of investing in mutual funds.SIP Calculator-As the name suggests SIP calculator helps to calculate the wealth gain and the expected returns for the monthly SIP investment. User can get a rough estimate on the maturity amount for any monthly SIP Plan, based on the projected annual return rate.

  3. Types of SIPTop-up SIP: In this type of SIPs the first installment is fixed, and the incremental amount and frequency of the increment are pre-decided. This leads to an automatic increase in the investment amount at regular intervals.Flexi Systematic Investment Plan: Here, whether you have chosen the monthly or daily, to pay different SIP amounts every time. This gives you, as the investor, a benefit of not being bound to pay a certain amount every month or daily but decide according to the cash flow at the time of SIP payment. Thus, in case you have a cash crunch you can skip the installment as per the requirement. However, it is also recommended not to do so unless you understand the market conditions and invest.Perpetual SIP: Under this type the paying SIPs without an end date. Not for a year, 3 or 5 years, but keep going till one wish. If you opt for this scheme, you have the option to redeem the fund at a time of your convenience.Trigger SIP: This SIP is for the ones that understand markets well, then this type of SIP gives you the option to use that knowledge. You can set a NAV or index level or event or a particular date to start the payments for this type of SIP. Trigger SIP encourages speculation and is therefore not preferred by many.

  4. Features & Benefits of SIPSIP is a method to build an investment portfolio with a small investment in the mutual funds at regular intervals. Many people choose this route to enter the financial markets and benefit from the compounding returns the best way. There are several features and benefits of SIP. Here are some, have a look at them:Rupee cost averaging: If you choose to invest in a fixed amount of money every month via SIP, you will see that more stocks are purchased when the price of the investment falls. This simultaneously brings down the average cost of buying a financial asset over time.Convenience: Investing in SIP is a simple and hassle-free process. You can instruct the bank to activate or facilitate you with the auto-debits from your bank account. As nowadays everyone is online, you can also visit the website of the fund house of your choice and click on the link for the SIP registration link or the tab.

  5. ContinueDisciplined Saving: To achieve anything in this world discipline is meant as an essence. By investing in SIP, you commit to saving regularly, and every investment takes you a step closer to reaching the financial objectives.Compounding: A small sum of money invested in SIP on a regular interval can grow into a considerably the big amount. Through the power of compounding, the interest earns interest, allowing you to fetch a substantial amount of earnings.No need to time the market: It can be a big dilemma for many to knowing when the right time is to invest in the market. As it is hard to predict that when the market will be at its peak or its low point. While SIP is not free from the market volatility.

  6. How to use SIP Calculator ?SIP returns are calculated based on the compound interest. However, the SIP calculator may vary in functioning as it depends on the site you are using. Here are the generic steps of using a SIP calculator:Step 1: Enter the amount you want to invest.Step 2: Choose the number of years you are willing to continue the investment.After providing this much information the SIP calculator will automatically calculate the amount of return.

  7. THANKYOU !https://www.afinoz.com/systematic-investment-plan-calculator

More Related