India, Oct. 21 -- The initial stages of investing in mutual funds might be confusing for someone who is not sure about how much to invest on a monthly basis. You might wonder: should you start with an investment of Rs.500, Rs.2,000, or Rs.5,000? And for how long would you like to stay invested, and how much will be your growth? Such questions might create confusion for a first-time investor. Systematic Investment Plan (SIP) involves investing a certain amount at fixed intervals, which is generally monthly. An SIP calculator helps you to determine how your monthly investments might grow over time. Let's understand how 5paisa's SIP calculator can help you plan your first monthly investment.

When you begin investing, it's easy to focus on t...