Best SIP Calculator Online

1. Best SIP Calculator Systematic Investment Plan calculator, commonly known as SIP, is a famous investment approach to invest in Mutual Funds. By investing in an SIP, investors can plan their investments by choosing a fixed amount to be invested at regular intervals in various Mutual Fund Schemes. The investment is done periodically, usually with an interval being monthly, quarterly or semi-annually. The mutual fund scheme can also be chosen by the investors, depending on their financial goals and expected rate of return. https://univest.in/

2. What are the types of SIP? Generally, there are 7 types of Systematic Investment Plans(SIPs), which have been explained below: 5 . 6. 1 .2. Regular SIP Trigger SIP Top-up SIP Perpetual SIP 3 . 7. Flexible SIP Multi SIP 4 . SIP with Insurance https://univest.in/

3. 1 Regular SIP Regular SIPs are one of the most convenient types of SIPs where a fixed amount is invested on a regular basis for the desired investment period. The duration of investment may be monthly, quarterly, or half-yearly. https://univest.in/

4. 2 Top-up SIP In this type of SIP, the amount of SIP contribution can be increased periodically, as per the investor’s convenience and financial capacity. https://univest.in/

5. 3 Flexible SIP Flexible SIPs provide the flexibility to make alterations to your SIP investment plan. These changes can be in terms of the SIP amount or even the frequency of investment. A flexible SIP helps to increase or decrease the SIP contributions based on market conditions. https://univest.in/

6. SIP with Insurance 4 If an investor is opting for long-term SIP, then some asset management companies provide insurance coverage as an additional benefit. The coverage amount may vary as per the amount invested through SIP. However, this scheme is provided only in the case of equity mutual funds. https://univest.in/

7. 5 Trigger SIP These SIPs are for experienced investors who are well aware of the market risks and are comfortable investing during volatile market conditions. It is imperative to note that one must have adequate knowledge and understanding of the market trends to invest in Trigger SIP. https://univest.in/

8. 6 Perpetual SIP Perpetual SIP is similar to regular SIP, the only difference being that of a fixed investment tenure. In this type of SIP, one needs to keep investing until the fund house is requested to stop the SIP. https://univest.in/

9. 7 Multi SIP Multi SIPs help in the diversification of the funds invested as the money is invested in various sectors. Such diversification allows the risk to be mitigated. https://univest.in/

10. Conclusion In conclusion, Systematic Investment Plans (SIP) can provide numerous benefits to beginner-level investors as well as experienced investors. Investment in SIPs can help individuals achieve various goals by maximising their wealth with small yet regular contributions for a longer tenure of investment. Depending on one’s financial goals, risk appetite, and time horizon, one can choose suitable SIP plans that align with his preferences. https://univest.in/