With debt funds, SIPs are optional as they tend to be less volatile. In this case, you can use the sip amount calculator to figure out the monthly SIP you need to reach your investment goal. When it comes to investing, each one of us has a different objective. So before investing in Mutual Funds through a SIP, it is advised to get a clear picture of your investment goals and risk profile.
For this, you should identify your goals first, set a timeline for it & the corpus which you need to accumulate to accomplish this goal. You should have a clear picture of your current financial situation too. This will help you in the decision making, whether you can invest this amount or may need to increase/decrease it depending on your financial standing & risk appetite.
The corpus is then invested in the said mutual fund category which this corpus is intended for. The money can be invested on a weekly or monthly or quarterly or yearly basis. Such frequency is normally decided at the time of starting the SIP. The frequency may be modified later also and the fixed sum too can be increased or decreased. The investor needs to check the feasibility of such an option with the mutual fund house itself. A SIP calculator is basically an investment tool which helps investors to calculate the returns generated on their mutual fund investments made through a SIP route.
It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.8% since its launch. Return for 2023 was 34.8% , 2022 was -3.1% and 2021 was 70.9% . Nippon India Small Cap Fund is a Equity – Small Cap fund was launched on 16 Sep 10.
You can withdraw the invested money – either in part or all of it – at any time. Once you apply for one or more SIP plans, the amount is automatically debited from your bank account and invested in the mutual funds you have purchased at the predetermined time interval. There is no limit to the amount you could invest through SIP. The ideal way is to align your SIP investments with your life goals.
Aditya Birla Sun Life Digital India Fund is a Equity – Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a CAGR/Annualized return of 12.2% since its launch. Return for 2023 was 35.8% , 2022 was -21.6% and 2021 was 70.5% . SIP investment is one of the most disciplined investing options when investing in Mutual Funds. Moreover, the minimum amount of investing in a SIP Mutual Fund is as less as INR 500. For an investment horizon of up to 3 years, investors should only do a SIP in Debt Funds.
If you are in a financial crunch situation and can no longer afford to make SIP contributions, you need not close your investment altogether, you can simply pause it. Almost every fund house gives the option to pause SIP contributions for a certain time period. Investors can opt for it and keep their investments intact.
It largely depends on the cash in hand/cash at bank one holds & the investment goals. Generally, a salaried individual prefers the SIP route as he can invest a certain sum of money regularly through this. However, if one has a significant sum of money with him, he may go for a lump sum investment too. Please remember, PAN card is mandatory for making a mutual fund investment either through SIP or through lump sum investment. Best SIP Funds is a list of hand-picked mutual fund schemes that have given better SIP returns compared to other Funds in the same category. SIPs are specially meant for retail investors, who do not have time and resource to follow up the market on daily basis.
SIPs usually allow you to invest weekly, quarterly, or monthly. You may consider picking a mutual fund scheme based on your risk tolerance. You then decide on an ideal investment duration to achieve your financial goals. For example, you may select a 15-year investment duration if you are investing for your children’s higher education. You could choose a SIP instalment amount you are comfortable with.
To make sure you have the best SIP plan choose a well-reputed fund house. One of the biggest mistakes in investing is to try and predict the highs and lows of the market. What you think as a market high can just be the beginning of a big attention required! rally. By investing through SIP, you spread your investments over a period of time and average out the ups and downs in the market. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
You may consider using the ClearTax SIP Calculator to estimate the value of SIP instalments at the end of the investment period. You could align your mutual fund investments to match your risk tolerance and achieve your investment objectives. The ClearTax SIP Calculator shows you the value of your investment after a certain number of years. You have to enter the amount you intend to invest as a SIP instalment.