💹 Compound Interest Calculator (SIP + Lump Sum)
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What is Compound Interest?
Compound interest is the process where your interest earns more interest — known as "interest on interest." This leads to exponential growth of wealth.
How does SIP Compound Interest Work?
In SIP, you invest a fixed amount every month. Interest is calculated only on the previous month's balance. New SIP contribution does not earn interest immediately.
Benefits of SIP Investing
- Disciplined investing
- Power of compounding
- Perfect for long-term wealth creation
