How to Get Power of Compounding from SIP?

Systematic Investment Plan or SIP is a simple way of investing in mutual funds. SIP allows you to invest as low as Rs 500 per installment. You can stop or pause your SIP at any time. SIP Date refers to the date of the month or quarter when you want to invest through SIPs. Some AMCs have specific SIP dates, while some AMCs may allow investment on any date of the month. When it comes to Mutual Funds the Power of Compounding is the return on your returns from Equity Funds. When investors commit to reinvesting their returns, they will earn returns on the principal amount and the returns from these equity funds in turn earn more returns. This effect of reinvesting is called the Power of Compounding.

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