What is SIP Calculator? PowerPoint PPT Presentation

presentation player overlay
About This Presentation
Transcript and Presenter's Notes

Title: What is SIP Calculator?


1
SIP CALCULATORS
2
What is SIP?
  • An SIP is a systematic investment plan which lets
    you invest a fixed amount periodically in a
    selected mutual fund.
  • For example, if you start a monthly SIP of ?5,000
    in a mutual fund, that amount will automatically
    be deducted from your bank account and invested
    in that mutual fund every month on the
    pre-decided date. This makes an SIP an automated
    way to invest.

3
What is SIP Calculator?
  • A SIP calculator is a simulation, which allows
    individuals to estimate the return on their
    mutual fund investments made through SIP.
  • Investing through SIPs in mutual funds has become
    one of the most popular investment options for
    millennials these days.
  • SIP calculators are designed to give potential
    investors a heads up on their mutual fund
    investments.
  • However, the actual returns offered by a mutual
    fund scheme varies depending on various factors.
  • The SIP calculator does not account for the exit
    load and expense ratio (if any).
  • Start using a SIP Calculator today!

4
THANK YOU
Write a Comment
User Comments (0)
About PowerShow.com