SIP FAQ

generic Faqs Details
Question
What is an SIP (Systematic Investment Plan)?
Answer

A Systematic Investment Plan (SIP) is an option through which one may invest regular amounts in mutual funds. With an SIP, one can adopt a systematic approach to achieve desired financial goals and create wealth over the long term.
While registering the SIP, one can fix regular investment periodicity, amount and end date. The returns from SIP are dependent on the returns generated by the mutual fund scheme in which regular investments are made.
SIPs help eliminate the emotional biases from an investment journey and inculcate a sense of financial discipline, as investments are made irrespective of market fluctuations. SIPs tend to provide baby steps toward achieving financial goals as small investments are made possible.

Question
What is an SIP Calculator?
Answer

A Systematic Investment Plan (SIP) is an option through which one may invest regular amounts in mutual funds. With an SIP, one can adopt a systematic approach to achieve desired financial goals and create wealth over the long term.
While registering the SIP, one can fix regular investment periodicity, amount and end date. The returns from SIP are dependent on the returns generated by the mutual fund scheme in which regular investments are made.
SIPs help eliminate the emotional biases from an investment journey and inculcate a sense of financial discipline, as investments are made irrespective of market fluctuations. SIPs tend to provide baby steps toward achieving financial goals as small investments are made possible.

Question
How to use the Systematic Investment Plan calculator?
Answer

A Systematic Investment Plan (SIP) is an option through which one may invest regular amounts in mutual funds. With an SIP, one can adopt a systematic approach to achieve desired financial goals and create wealth over the long term.
While registering the SIP, one can fix regular investment periodicity, amount and end date. The returns from SIP are dependent on the returns generated by the mutual fund scheme in which regular investments are made.
SIPs help eliminate the emotional biases from an investment journey and inculcate a sense of financial discipline, as investments are made irrespective of market fluctuations. SIPs tend to provide baby steps toward achieving financial goals as small investments are made possible.

Question
Example of how a SIP Calculator works
Answer

A Systematic Investment Plan (SIP) is an option through which one may invest regular amounts in mutual funds. With an SIP, one can adopt a systematic approach to achieve desired financial goals and create wealth over the long term.
While registering the SIP, one can fix regular investment periodicity, amount and end date. The returns from SIP are dependent on the returns generated by the mutual fund scheme in which regular investments are made.
SIPs help eliminate the emotional biases from an investment journey and inculcate a sense of financial discipline, as investments are made irrespective of market fluctuations. SIPs tend to provide baby steps toward achieving financial goals as small investments are made possible.

Question
What are the different types of SIP?
Answer

A Systematic Investment Plan (SIP) is an option through which one may invest regular amounts in mutual funds. With an SIP, one can adopt a systematic approach to achieve desired financial goals and create wealth over the long term.
While registering the SIP, one can fix regular investment periodicity, amount and end date. The returns from SIP are dependent on the returns generated by the mutual fund scheme in which regular investments are made.
SIPs help eliminate the emotional biases from an investment journey and inculcate a sense of financial discipline, as investments are made irrespective of market fluctuations. SIPs tend to provide baby steps toward achieving financial goals as small investments are made possible.