What Is SIP Calculator
The SIP Calculator is a calculator that helps you calculate your SIP’s returns, It makes easier to plan and track your investment. W will break down the input fields along with the output results.
First you need ti know what is SIP so SIP stand for Systematic Investment Plan. It is a disciplined option to invest in Mutual fund. So using SIP you can monthly invest the fix amount in your preferred mutual fund. Using SIP you are leveraging the 2 benefits first average cost averaging and second long term wealth creation. So using small amount monthly you can create the large corpse in long term.
SIP Calculator
1. Monthly SIP Amount (₹)
This is the amount you plan to invest every month in your SIP.
Your monthly contribution plays a critical role in determining how much you will accumulate over time. The larger the SIP amount, the more your investment will grow, assuming the rate of return is constant.
Simply enter the amount you wish to invest every month. You can start with an amount as low as ₹500 (or the minimum amount required by the mutual fund) and increase it over time, based on your financial capacity.
2. Duration (Months)
The duration field represents how long you plan to invest in the SIP (measured in months). Typically, this can range from 1 month to 240 months (20 years), depending on your financial goals. Input the number of months you want to invest. For example, if you're planning a 5-year SIP, enter "60" (months).
3. Expected Rate of Return (%)
The expected rate of return is the annual percentage return you anticipate from your SIP investment. This return is often based on historical performance of the mutual fund you’re investing in or your investment strategy.
Enter the rate of return as a percentage. For instance, if you expect an 8% annual return, input "8" in the field.
4. Total Value after specific Period:
Once you entered all the input field & click on Calculate SIP button then it is going to generate the output as Total Value after X period. here X can be the duration for which you had invested.
You can use our SWP(Systematic Withdrawal Plan) Calculator as well.