Don't forget to consider the entry load on SIP when entering the monthly contribution amount. For example, if you invest Rs 1000 p.m. (Enter only 1000- entry load as monthly contribution).
4 comments:
Anonymous
said...
I don't think that compounding effect is applicable for SIP investment.
1. MF returns are not guaranteed. In a bear-phase we can actually have negative returns.
2. Can we apply the compounding effect the same way as we apply for say PPF.
4 comments:
I don't think that compounding effect is applicable for SIP investment.
1. MF returns are not guaranteed. In a bear-phase we can actually have negative returns.
2. Can we apply the compounding effect the same way as we apply for say PPF.
Compunding effect applies to MF too..why not??
MF returns are not guaranteed but equity tend to outperform all other investments in the long run.
visit labels on MF and SIP to see data to prove the power of compounding
Thanks for posting this SIP calculator and keep updating
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