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What is SIP?
SIP is a type of investment strategy in which an investor invests a fixed amount of money at regular intervals monthly in a mutual fund scheme. it stands for Systematic Investment Plan. It is a disciplined approach to investing that helps individuals to invest in a regular and systematic manner. It is a popular investment option among investors who want to create wealth over a long-term horizon.
What is SIP Calculator?
SIP Calculator is an online tool that helps individuals to calculate the returns on their investments made through a SIP. SIP is a type of investment strategy in which an investor invests a fixed amount of money at regular intervals (usually monthly) in a mutual fund scheme.
The SIP calculator takes into account various factors such as the amount of investment, investment period, expected rate of return, and compounding frequency to calculate the estimated returns on…