A mutual fund is an open-end professionally managed investment fund that pools money from many investors to purchase securities.
Systematic Investment Plan (SIP) is a method of investing in mutual funds wherein an
investor chooses a mutual fund scheme and invests a the fixed amount of his choice at fixed
intervals.
This calculator is meant to be used for illustration purposes only and to assist the investors in calculating the appropriate amount of their prospective investments.
Lumpsum investment or one-time investment is a style of investment in which you invest once (lumpsum) and allow your invested money to generate compounding returns over a given time frame
