An SIP Calculator is a financial tool designed to help investors estimate the potential returns from regular investments in mutual funds through SIPs. By entering the monthly investment amount, expected rate of return, and investment duration, the SIP calculator projects the future value of the investment, factoring in the power of compounding. This tool is beneficial for goal-based investing, as it gives investors an idea of how much they need to invest to reach their financial targets over time. While helpful in planning, it's important to note that actual returns may vary based on market performance, as the SIP calculator provides an estimate rather than a guaranteed outcome.
Sandhya Sharma
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SIP Calculator: Estimating Long-Term Growth through Systematic Investments
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