Calculations show that at an annualised 12 per cent return, a monthly SIP of Rs 1,234 for 35 years (420 months ... preferred mutual funds. ALSO READ: Small SIP, Big Impact: Rs 1,111 monthly ...

For the sake of simplicity, one can understand compounding in SIPs as 'return on return', wherein initial returns get added up to the principal to boost future returns, and so on. Compounding helps in ...