Axis MoneyPlex Knowledge Nugget - 122
Axis Mutual Fund
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SIP Calculator - Calculate returns and learn how to invest in SIP
Some investors have a misconception about SIPs. When we talk about mutual funds, SIP always comes into the picture, and hence a lot of new as well as existing mutual fund investors have few misunderstandings surrounding it. Some investors feel that SIP and mutual funds are the same, but the truth is that SIP is simply a mode to investing in mutual funds and not mutual funds themselves. The other way to invest in mutual funds is by making a lumpsum investment, but if investing in mutual funds via SIP is on your mind then you can use the SIP calculator to calculate the total returns. While SIP is a simple and hassle-free way of investing small fixed sums regularly, an online SIP calculator can be used to calculate the total returns which one’s monthly SIP investments may generate over the long run.
SIP Calculator: A Free Online Tool
Any mutual fund investor who is investing in mutual funds via SIP can effectively use the SIP calculator to have a fair understanding of the total returns which their SIP investments may fetch at the end of their investment journey. A lot of young investors are commencing their mutual fund journey with SIP and an online SIP calculator becomes a tool for them to understand how much their SIP investments can help them earn. This can help investors plan their investment accordingly and help them understand the exact sum they must invest periodically to achieve their financial goals.
Having said that, the total returns from one’s mutual fund investments may vary from what the SIP calculator estimates as it doesn’t take certain things like exit load or expense ratio into consideration while calculating future returns.
How can the SIP calculator help investors?
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Statutory Details:?Axis Mutual Fund has been established as a Trust under the Indian Trust Act 1882, sponsored by Axis Bank Ltd. (liability restricted to ?1 Lakh).?Trustee:?Axis Mutual Fund Trustee Ltd.?Investment Manager:?Axis Asset Management Co. Ltd. (the AMC)?Risk Factors:?Axis Bank Ltd. Is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.