SIP Calculator
Calculation Summary
Maturity Amount
₹2,323,390.76Total Invested
₹1,200,000.00Estimated Gains
₹1,123,390.76What is a SIP Calculator?
A Systematic Investment Plan (SIP) Calculator helps you calculate the wealth gain and expected returns for your monthly mutual fund investments. It uses the power of compounding to show how small, regular investments grow over time.
How to Use This Calculator
- Enter the amount you wish to invest every month.
- Input the expected annual rate of return.
- Select the investment duration in years.
- Click Calculate to see your total invested amount and estimated future value.
Formula
FV = P × [ (1+i)^n - 1 ] / i × (1+i)
- FV = Future value or maturity amount
- P = Monthly SIP amount
- i = Monthly interest rate (Annual rate / 12 / 100)
- n = Number of months
Frequently Asked Questions
What is the benefit of SIP over Lumpsum?
SIP allows you to start investing with small amounts. It also provides the benefit of Rupee Cost Averaging, meaning you buy more units when markets are low and fewer when markets are high, reducing overall risk.