SIP Calculator
Calculate your potential returns from Systematic Investment Plan (SIP) investments. Plan your financial future with our easy-to-use calculator.
Frequently Asked Questions
What is a SIP (Systematic Investment Plan)?
A SIP is an investment strategy where you invest a fixed amount regularly (usually monthly) in mutual funds, helping you build wealth through disciplined investing and rupee cost averaging.
How does the SIP calculator work?
The calculator uses the compound interest formula to compute your potential returns. It considers your monthly investment amount, expected annual return rate, and investment duration to estimate the maturity amount.
What is a good monthly SIP amount to start with?
You can start a SIP with as little as ₹500 per month. However, it's recommended to invest an amount that you can consistently maintain based on your income and financial goals.
How are SIP returns calculated?
SIP returns are calculated using the formula: FV = P × ((1 + r)^n - 1) / r × (1 + r), where FV is Future Value, P is Monthly Investment, r is Monthly Interest Rate, and n is Number of Months.