SIP Calculator

No, SIP investments are not fully exempt from taxes. However, they do offer certain tax advantages over other investment options. Long-term capital gains (LTCG) from equity-based SIPs held for more than a year are taxed at 10% without the benefit of indexation. For debt-based SIPs, the tax treatment differs: short-term gains (held for less than three years) are taxed according to your income tax slab, while LTCG is taxed at 20% with indexation. It's advisable to consult a financial advisor to understand the specific tax implications of your SIP investments.

1. Investment objective: Ensure the fund’s goal aligns with your financial objectives (e.g., retirement, child’s education).
2. Risk tolerance: Select a fund that suits your risk level (conservative, moderate, or aggressive).
3. Performance history: Review the fund’s past performance and risk metrics such as standard deviation.
4. Expense ratio: Opt for funds with lower management fees to enhance your returns.
5. Fund house reputation: Consider the track record, expertise, and size of the fund management company.

1. Potential for higher returns: SIPs invest in market-linked securities, offering the potential for higher returns than FDs.
2. Power of compounding: Regular investments and reinvestment of returns can lead to substantial wealth accumulation over time.
3. Flexibility: You can increase, decrease, or pause your SIP amount, whereas FDs have fixed tenures.
4. Rupee-cost averaging: By investing fixed sums at regular intervals, you buy more units when prices are low and fewer when high, helping to average out the cost.

There is no specific maximum tenure for SIPs. You can choose the duration based on your investment goals and risk tolerance. Most platforms allow SIPs for up to 30 years or even perpetual SIPs that continue until you decide to stop them.

Yes, SIPs can be invested in hybrid mutual funds, which combine both equity and debt assets in varying proportions. Hybrid funds provide diversification and a balanced risk-return profile, making them suitable for moderate-risk investors.

Many platforms allow you to change your SIP amount via their online portals or by contacting customer support. Some platforms may impose minimum or maximum limits for these adjustments.

Extending the duration of your SIP is typically straightforward. You can usually select this option through the investment platform or by reaching out to the fund house. Be sure to consider your financial goals and the revised timeline before extending.

1. Market performance: The performance of the underlying assets in the stock market or other relevant markets.
2. Fund investment strategy: The decisions and asset allocations made by the fund manager.
3. Expense ratio: Lower fees result in higher net returns for investors.
4. Investment tenure: Longer investment periods benefit from compounding, potentially leading to greater returns.