Calculate returns on your Systematic Investment Plan (SIP)
SIP (Systematic Investment Plan) is a method of investing a fixed amount regularly in mutual funds, allowing you to benefit from rupee cost averaging and compound interest.
Rupee cost averaging means buying more units when prices are low and fewer units when prices are high, which can reduce the average cost per unit over time.
SIP works best as a long-term investment strategy. Consider investing for at least 5-10 years to benefit from market cycles and compound growth.