SIP stands for Systematic Investment Plan, a way to invest fixed amounts in mutual funds regularly.
It calculates expected returns based on investment amount, duration, and estimated rate of return.
No, SIP returns depend on market performance of mutual funds.
SIP reduces risk by spreading investments over time, while lump sum can be riskier but may yield higher returns if timed well.
Yes, SIPs are flexible and can be stopped or paused anytime without penalties.