In this answer there are various charts and these charts show percentages for 1yr, 3yrs, 5 yrs and 10 yrs respectively can someone explain me what exactly these % amount indicate and why is it increasing from 1 to 3 and decreasing 3 to 5 and then again decreasing more from 5 to 10 years. One of the graphs present in the link is attached here for better understanding.
These are the returns one might have generated if they invested since a year, 5 years or 10 years. Usually, when you see short term returns, then they may be TOO HIGH or TOO LOW compared to long term returns mainly due to volatility.
So, is it better to opt for 3 year SIP’s than 5 years?