SIP calculator: Here's how Rs 110/day investment can help you become crorepati at 55
SIP calculator: SIP investing provides several other advantages. It fosters financial discipline in investors; it instills the habit of saving money every cycle; it can be started with as little as Rs 100; it is less subject to market fluctuations than other types of mutual fund investment; it provides compounding; and it can be discontinued at any moment.
SIPs aid in cost averaging since one buys more NAVs when the market falls and fewer when the market rises. Image: Freepik