Systematic Investment Plan (SIP) is a fixed amount one invests at regular intervals in a financial instrument. The SIP calculator helps you find the future value of your invested money by taking into account SIP for a specified duration at the expected interest rate.
A lump sum amount is defined as a single complete sum of money. A lump sum investment is of the entire amount at one go.
SIP amount is amount in which you have to invest the money for particular time duration
What amount of rate increment per year
How much time do you went to invest your money.
It is rate of your expected annual return.