SBI SIP Calculator - A Powerful Tool for Informed Investment DecisionsThe mutual fund industry in India has experienced remarkable growth in recent years, reaching Rs. 24.25 trillion according to the Association of Mutual Funds in India, a significant increase from Rs. 5.83 trillion a decade ago. However, despite this growth, there remains a level of confusion and lack of awareness about mutual funds among potential investors. One essential aspect for any investor is to determine the expected returns on their investment. Here's where the SBI SIP calculator comes into play.An SBI SIP calculator is a valuable tool that helps investors estimate the potential returns on their mutual fund SIP investments with ease and accuracy. SIP, or Systematic Investment Plan, is a disciplined approach to invest in mutual funds, where investors deposit a fixed amount at regular intervals into a chosen mutual fund scheme. Unlike lump sum investments, which involve a single significant investment, SIPs mitigate risk by spreading