SIP (Systematic Investment Plan) involves investing a fixed amount regularly (usually monthly) in a mutual fund scheme. Lumpsum investment is a one-time investment of a larger amount. SIP helps in rupee cost averaging and is better for managing market volatility, while lumpsum can yield higher returns if invested at the right market time.

There’s no definitive answer as it depends on your financial situation and market conditions. SIP is generally recommended for most investors as it reduces timing risk and instills financial discipline. Lumpsum can be beneficial if you have a large amount to invest and the market is at a low point. Many financial advisors suggest a combination of both strategies.

The calculator provides estimates based on the inputs you provide. Actual returns may vary due to market fluctuations, fund performance, and other factors. The calculator assumes a constant rate of return, which may not reflect real market conditions where returns can be volatile.

Yes, most mutual funds allow you to increase or decrease your SIP amount. Some also allow you to pause SIPs for a certain period. However, it’s important to check the specific terms with your fund house as policies may vary.

No, mutual fund returns are not guaranteed. Unlike fixed deposits, mutual funds are market-linked investments whose value can go up or down based on market performance. Past performance is not indicative of future returns.