SIP Calculator
SIP Projections
Yearly Growth
| Year | Invested | Returns | Total Value |
|---|
About SIP (Systematic Investment Plan)
A SIP is an investment method offered by mutual funds where you invest a fixed amount regularly (monthly/quarterly) rather than making a lump-sum investment. It helps in rupee cost averaging and compounding returns over time.
Key Benefits
• Disciplined investing approach
• Benefit from rupee cost averaging
• Power of compounding over long term
• Start with as low as ₹500 per month
• Flexibility to increase/decrease amount
How SIP Works
1. Choose a mutual fund scheme
2. Select SIP amount and frequency
3. Auto-debit from your bank account
4. Units allocated based on NAV
5. More units when markets are low
6. Fewer units when markets are high
Tax Implications
• Equity Funds: LTCG tax 10% on gains > ₹1 lakh after 1 year
• Debt Funds: STCG as per tax slab if redeemed before 3 years
• LTCG 20% with indexation after 3 years
• ELSS funds have 3-year lock-in but qualify for 80C deduction