The Magic of Reinvestment
Albert Einstein famously called compound interest the "eighth wonder of the world". The core engine of compounding is Reinvestment. When your returns earn returns, your wealth grows exponentially.
The SIP Reinvestment Calculator compares two scenarios:
1. Growth Option: You let your profits stay invested.
2. Dividend Payout Option: You withdraw your profits regularly.
Key Insight
As the calculator demonstrates, withdrawing your profits significantly stunts the growth of your corpus. Over 15-20 years, the difference can be millions of rupees. Always choose the Growth Plan in mutual funds for wealth creation.