What is the minimum amount I can invest in an SIP

While most SIPs allow for a minimum investment of Rs. 1,000, some will also allow you to invest as little as Rs. 500 per month. The specifics of the minimum investment amount can vary from one fund to another

What is the maximum tenure of a SIP

The maximum tenure of an SIP varies but can typically extend for many years, even decades

Can I manage multiple SIPs simultaneously

Yes, investors can manage multiple SIPs simultaneously to diversify their investment portfolio

Can I estimate my SIP return online

Yes, investors can estimate their SIP returns using an online SIP calculator provided by Bajaj Finserv AMC

What advantages do investors gain from using an SIP return calculator

An SIP return calculator helps investors estimate potential returns, helping in informed investment decision-making

What is the difference between lumpsum and SIP

A lumpsum investment is when you invest a large amount of money at once, while an SIP involves investing fixed amounts regularly over time

How do I use an SIP calculator for investment planning

To use an SIP mutual fund calculator, input your monthly investment amount, expected rate of return, and investment duration. The calculator will then estimate the future value of your investments based on these inputs