Investment Calculator app for your SIP and Lumpsum mutual fund investments
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.
Benefits of SIP
1) You can start investing with a small amount
2) Lower market risk with the help of averaging
3) Higher returns with the power of compounding
4) Save income tax by investing in tax saving mutual funds and SIP plans
SIP is one of the best ways to save money, invest, and get better returns
What is LUMPSUM
A lump sum investment is depositing the entire amount at one go. Lump-sum investment is a popular way of investing in mutual funds. If you invest the entire amount available with you in a mutual fund scheme, it is called the lump-sum mutual fund investment.
The lump-sum calculator will show you the expected amount and the wealth gain in seconds. It is a smart tool to calculate the return on a lump-sum mutual fund investment.
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.
Benefits of SIP
1) You can start investing with a small amount
2) Lower market risk with the help of averaging
3) Higher returns with the power of compounding
4) Save income tax by investing in tax saving mutual funds and SIP plans
SIP is one of the best ways to save money, invest, and get better returns
What is LUMPSUM
A lump sum investment is depositing the entire amount at one go. Lump-sum investment is a popular way of investing in mutual funds. If you invest the entire amount available with you in a mutual fund scheme, it is called the lump-sum mutual fund investment.
The lump-sum calculator will show you the expected amount and the wealth gain in seconds. It is a smart tool to calculate the return on a lump-sum mutual fund investment.
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