Frequently asked questions

• What is an SIP? Is it different from mutual fund investments?

  A Systematic Investment Plan (SIP) is a method by which you invest a fixed amount of money every month in assets such as mutual funds, fixed deposits, equity etc. SIPs are different from mutual funds. While mutual funds can be part of an SIP, your SIP can also include other investments such as equities and fixed deposits.

• What is annual step up?

  Annual step up is simply the percentage by which you plan to increase your monthly SIP amount every year. Tip: Experts recommend an annual step up of 10% - 12%. This will help accelerate your wealth accumulation through compounding.

• What happens if I miss my SIPs for a few months?

  1 or 2 missed SIPs will not majorly impact your wealth accumulation, but missing more will mean you lose out on the benefits of compounding. Sometimes, you might also incur penalties on missed SIPs. Note: This calculator cannot account for missed SIPs.

• What is an SIP calculator?

  An SIP calculator is a tool that helps investors estimate the future value of their Systematic Investment Plan (SIP) by using inputs like monthly investment amount, expected return rate, investment period and the annual step-up value of your investment.

• How accurate is the SIP calculator?

  The SIP calculator provides close-to-accurate estimations based on the inputs given. However, actual returns may vary due to market conditions and other factors affecting the investment.

• Can I use the SIP calculator for different types of funds?

  Yes, the SIP calculator is versatile and can be used for various types of mutual funds including equity, debt, hybrid, and more, helping you estimate returns across different investment options.

• Is there any cost to use this SIP calculator?

  No, our SIP calculator is available for free online. Investors can access these tools without any additional expenses, making financial planning accessible to everyone.

• How does the SIP calculator help in financial planning?

  The SIP calculator helps in financial planning by providing estimated returns, allowing investors to set realistic financial goals, manage risks, and make informed investment decisions based on data-driven insights.