SIP Calculator- SIP Planner, I

Mutual fund SIP calculator for investment. SIP planner to start SIP online

SIP in Mutual Funds is one of the ways to save money and invest. This easy SIP calculator helps you plan your SIP investments. With SIP calculator app you can see estimated gain across different mutual fund categories. You can see both SIP returns as well as one-time (lumpsum) returns.

What is SIP
SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds on a monthly basis. This is preferable mode of investment for many especially salaried people.

What are the benefits of SIP
SIP is a way to invest into mutual funds as you can start investing in small amount. It entails lower market risk as it enables rupee cost averaging. SIP has the power of compunding and is capable of giving higher returns

Can I start SIP online?
Nowadays, it is possible to start SIP investment completely online. The process is 100% paperless. You also have the flexible SIP where you can stop your SIP anytime.

What are the different mutual funds in India which offer SIP investents?
Almost all Asset Management Companies offer investment in both SIP and one time investment. SBI, HDFC

What are the different modes of investment in Mutual Funds?
You can invest into mutual funds with Lumpsum Investment (One-Time Investment) This mode is preferable when you have a big amount of money to invest. Another option is SIP Investment (Small Amount Each Month) this is ideal for most people, especially salaried people.

Are Mutual Funds and SIP good for tax saving?
Mutual Funds and SIP are probably the ways to save tax. You can save tax under section 80C. Mutual Funds tax saving plans have a lock-in period of only 3 year which is much lower than 5 years in FD and 15 years in PPF. In addition to tax saving, SIP in these mutual funds help you create wealth in longer run.

What is equity and what is debt in mutual funds
Mutual Funds that invest into stock market are equity funds and the mutual funds that invest in govt. bonds securities are called debt funds

Which are the regulatory bodies in Mutual Fund industry?
Mutual Fund industry is regulated by Association of Mutual Funds of India (AMFI) which comes under purview of Securities and Exchange Board of India (SEBI)

What are different registrars in India
The two major mutual fund registrars in India are CAMS and KARVY

What is NFO?
NFO stands for New Fund Offer. Whenever a new Mutual Fund is released in the market, it starts with a face value of Rs 10 per unit. This means you can purchase the fund at Rs 1