The SIP calculator
is a tool used to calculate the potential returns on investment made through a
systematic investment plan (SIP) in a mutual fund. It takes into account the
amount of investment, the duration of investment, the expected rate of return,
and the frequency of investment to calculate the total corpus that an investor
can accumulate over a period of time. The SIP calculator helps investors to
plan their investments and set realistic financial goals by providing them with
an estimate of their potential returns.
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