| Invested amount | ₹24,00,000 |
| Estimated returns | ₹22,46,782 |
| Total value | ₹46,46,782 |
A SIP calculator is an all-inclusive investment planning tool for any investor keen on systematic mutual fund investment. An online SIP calculator can give the idea of growth over time, which would help an investor in taking proper investment decisions. With a few details, you would be able to forecast your returns based on your SIP investment plan and make a robust plan that would help in achieving your financial goals. Whether you are an old investor or a beginner, our calculator puts you on the correct way toward financial success with ease and confidence.
You can start planning your future today using the SIP calculator and let your small investments grow into a huge corpus over time.
A Systematic Investment Plan (SIP) is nothing but an investment plan whereby every month, a person invests a specific amount in mutual funds. As the years go by, the SIPs take advantage of compounding and help in achieving long-term financial goals.
A SIP calculator is an online tool that helps the investor calculate returns that a Systematic Investment Plan could bring. It will make complicated calculations simpler and show the investor just how much an investment may grow in time.
SIP calculators are online tools that help an investor find out total returns one can get through SIPs. Using various details like monthly investment, expected rate of return, and tenure for which the investment will take place, users can easily calculate their probable corpus at the end of investment. It uses following formula to calculate returns:
Where:
Let's take an example like you are investing ₹12,000 per month in a mutual fund with an annual expected return rate of 12% for 15 years.
Using the SIP formula, the maturity value (M) can be calculated. The total amount invested over 15 years is:
Total Invested = ₹ 12,000 × 180 = ₹ 21,60,000
The approximate maturity value (M) would be around ₹ 60,54,912. So your total returns would be almost ₹ ₹ 38,94,912 that points towards the magic of compounding and regular investments.
You could also explore our other calculators, designed for specific uses like loan planning, investment analysis, and more.
Though there is no such limit on the amount that can be invested in SIP, a minimum investment starts at just ₹ 500 per month.
No, there is no complete risk-free Systematic Investment Plan. Being mutual funds which invest into SIPs, they are always exposed to market fluctuations that directly affects the returns.
Returns generated through SIP are taxable on the basis of the mutual fund type and holding period of investment. LTCG and STCG charges are to be applied based on the type of investment and holding duration.
SIP investments make the investment simple, flexible, and effective over the long term for creating wealth. The person will be able to achieve other financial goals like retirement funding or education funding.
The SIP calculator helps in making investments since it provides a clear estimate of the potential returns based on the investment inputs provided by you, which may include the contribution to be made every month, expected rate of return, and the term for which the money is to be invested.
Yes, you can withdraw your SIP amount anytime. There will be exit loads and tax effects that must also be considered.