What is a SIP Returns Calculator?
What is a SIP Returns Calculator?
A SIP (Systematic Investment Plan) Returns Calculator is a financial tool designed to estimate the potential returns from investing a fixed amount regularly (e.g., monthly) in mutual funds or other investment instruments over a specific period at an assumed rate of return. It helps investors understand how small, regular investments can grow over time due to the power of compounding and rupee cost averaging.
A lumpsum calculator is a financial tool designed to calculate the future value of a one-time investment (lumpsum) made in mutual funds, fixed deposits, or other investment instruments over a specified period at a given rate of return. It uses the formula for compound interest to estimate how much an investment will grow over time.