What is SIP
SIP Calculator Finance Planner
What is it about?
What is SIP?
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App Store Description
What is SIP?
SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds every month. This is a preferable mode of investment for many especially salaried people.
SIP in Mutual Funds is one of the best ways to save money and invest. This easy SIP calculator helps you plan your SIP investments.
With the SIP calculator app, you can see estimated gain across different mutual fund categories.
A systematic Investment Plan (SIP) is an investment scheme offered by mutual fund companies. This SIP calculator helps you calculate the profit gain and returns expected for your monthly SIP investment.
You get a rough estimate on the maturity amount for any monthly SIP, based on a projected annual return rate. SIP Calculator is also known as Mutual fund calculator, SIP Planner, Saving Calculator, Goal Planner.
SIP Calculator Features
- Easy and fast way to calculate your SIP
- Maintain history of different plans and view them at any time
- Save & Share SIP details in PDF format using SMS, email etc...
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
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