With the help of SIP calculator the investors can invest fixed sum of money in specific mutual fund and gain returns for investment. (financegab.com)
The Systematic Investment Plan is a mode of investment by which fixed sums of money are debited into bank accounts by investors periodically and then invested in specific mutual funds. (policybazaar.com)
On maturity, investor can withdraw the full amount or convert the same in immediate annuity, where he get fixed sum of money every month / year for certain time period or till death. (blogs.bajajallianzlife.com)