Systematic Investment Plan (SIP) Calculator
What is a SIP Calculator
A SIP (Systematic Investment Plan ) calculator is a simple tool that helps individuals get an idea of the returns on their mutual fund investments made through SIPs (Investment per month). SIP investments in mutual funds have recently become one of the most popular investment options among people.
Why to use a SIP Calculator?
- It helps you in budgeting your financial objectives better..
- It gives a approximate idea of your maturity amount depending on your investments..
- It helps in Financial Planning.
- It is free & very easy to use.
FAQs on SIP Calculator
Systematic Investment Plan or SIP is a method of investing in mutual funds where an investor chooses a mutual fund scheme and invests a fixed amount of money at fixed intervals usually a month. SIP investment plan is to invest small amounts over time instead of investing a large amount at a time, which results in higher returns..
A SIP calculator is a tool that helps investors measure their potential future returns on their SIP mutual fund investment schemes. By inputting the investment amount, tenure and potential rate of return, the investor is able to analyze their potential returns and make a sound financial decision..
No, the SIP returns are market-linked and variable. The SIP calculator provides an approximate return on the basis of the anticipated interent rate.
Yes, you can increase or decrease your SIP Investment amount after investing depending on your financial situation and goals.
No, this calculator does not adjust inflation. It's based purely on expected returns over time.