SIP Calculator
Invested Amount
Est. Returns
Total Value
₹24,00,000
₹22,46,782
₹46,46,782
SIP - Systematic Investment Plan
Investing in mutual funds with a fixed amount of money at regular periods is known as a Systematic Investment Plan, or SIP. With this method, you can gradually acquire units of the fund regardless of the state of the market.
How SIP Works?
Using SIPs, you can invest a certain amount every month, every quarter, or at any other period of your choosing on a preset date. The mutual fund units are purchased with this money at the going rate. You gain from compound interest and rupee cost averaging over time.
SIP calculator online
A SIP calculator is a basic tool that people can use to estimate the returns on their SIP investments in mutual funds. Mutual fund SIP investments have recently emerged as one of the most well-liked investment choices for millennials.
To help prospective investors estimate their mutual fund investments, several calculators for mutual fund sip are available. However, a mutual fund scheme's real returns vary based on a number of factors. The exit load and expense ratio (if any) are not explained by the SIP calculator.
The wealth growth and anticipated returns for your monthly SIP investment will be computed by this calculator. In fact, based on an estimated annual return rate, you receive a ballpark estimate of the maturity amount for each of your monthly SIP investments.
SIP return calculator help you?
A SIP return calculator is a useful tool for investors, helping them become financially disciplined and establish a habit of saving. It provides an estimated return on investment, helps determine the desired investment amount, shows the total invested amount, and provides an estimated value of the returns. SIP calculators are considered more lucrative than lump sum investments, promoting financial discipline and future savings habits.
Systematic Investment Plan (SIP) has many benefits
- Tax Benefits: Investing in Equity Linked Savings Scheme (ELSS) through SIP allows you to reduce your taxable income by up to Rs 1.5 lakh under Section 80(C) of the Income Tax Act, 1961.
- Disciplined Investing: SIPs promote consistent investment in mutual funds by automatically deducting funds at regular intervals from your account, fostering financial discipline.
- Cost-Effectiveness: By spreading investments over time, SIPs help minimize financial strain on investors.
- Potential for Higher Returns: SIPs offer the opportunity for greater returns over the long term compared to fixed deposits (FDs), which tend to have lower growth potential.
- Protection from Market Crashes: SIPs can safeguard your investments during market downturns, as investments are spread across different market phases.
- Financial Flexibility: SIPs allow you to start with smaller amounts and increase investments gradually, accommodating varying financial situations and goals.
