%
Years
Total Value
$1,161,695
Total Invested
$600,000
Est. Returns
+$561,695
Investment Breakdown
| Period | Invested | Value | Returns |
|---|---|---|---|
| Year 6 | $305,000 | $421,606 | +$116,606 |
| Year 7 | $365,000 | $539,123 | +$174,123 |
| Year 8 | $425,000 | $671,544 | +$246,544 |
| Year 9 | $485,000 | $820,759 | +$335,759 |
| Year 10 | $545,000 | $988,899 | +$443,899 |
What is SIP?
A Systematic Investment Plan (SIP) is a facility offered by mutual funds to investors to invest in a disciplined manner. SIP facility allows an investor to invest a fixed amount of money at pre-defined intervals in the selected mutual fund scheme.
Benefits of SIP
- Rupee Cost Averaging: You buy more units when markets are low and fewer when high.
- Power of Compounding: Reinvested returns generate more returns over time.
- Disciplined Investing: Helps in building wealth over the long term.