SIP (Systematic Investment Plan) calculators are widely used to estimate potential returns on mutual fund investments, but how reliable are they? Since mutual fund returns are market-linked, can SIP calculators provide a true picture of future wealth?
Also, for Excel enthusiasts, is there a way to create a dynamic SIP calculator using formulas and functions? Have you tried building one in Excel, Power BI, or Google Sheets?
Let’s discuss the best practices, limitations, and possible enhancements to SIP calculations!