Financial glossary
SIP
A SIP, or systematic investment plan, is a pattern of investing a chosen amount at regular intervals.
What SIP means
SIP describes regular contributions, commonly monthly. It is a contribution method, not a guaranteed-return product.
How a SIP projection works
A projection compounds each contribution for its remaining time. Earlier contributions generally have more periods to grow than later contributions.
Simple example
A monthly contribution of ₹5,000 for one year produces ₹60,000 of total contributions before any estimated gain or loss.