Monthly SIP Calculator
SIP Investment Calculator
SIP Calculator grow
Systematic Investment Plan (SIP) is one of the most popular investment options in India.
It allows investors to invest a fixed amount of money regularly in mutual funds.
SIP is a disciplined investment approach that helps you accumulate wealth over a long period.
If you are planning to invest in mutual funds through SIP, it is important to know how much returns you can expect.
In this blog post, we will discuss the monthly SIP calculator of India and how you can use it to calculate your returns.
HDFC SIP Calculator
A Monthly SIP Calculator is an online tool that helps you calculate the returns on your monthly investments in mutual funds.
It is a simple tool that takes into account your monthly investment amount, the expected rate of return, and the investment tenure to calculate your returns.
You can use the calculator to find out how much your investments will grow over time and how much wealth you can accumulate through SIP.
How to Use a Monthly SIP Calculator?
Using a Monthly SIP Calculator is easy. Here are the steps you need to follow:
Step 1: Visit a Monthly SIP Calculator website
Step 2: Enter your monthly investment amount
SIP interest rate
Step 3: Enter the expected rate of return (It is usually around 10-12% for equity mutual funds)
Step 4: Enter the investment tenure (the time period for which you want to invest)
Step 5: Click on the calculate button.
The calculator will show you the total amount you will invest, the total amount you will receive at the end of the investment tenure, and the total returns you will earn.
Example:
Suppose you invest ₹ 5,000 per month in an equity mutual fund with an expected rate of return of 12% for 10 years. Here is how the calculator will show you the results:
Total Investment: ₹ 6,00,000
Total Value of Investment: ₹ 12,27,880
Total Returns: ₹ 6,27,880.
SIP Calculator finology
Conclusion
A Monthly SIP Calculator is a useful tool that helps you estimate the returns on your investments.
It is important to keep in mind that the actual returns on your investments may vary depending on the performance of the mutual fund and the market conditions.
However, the calculator can give you a rough idea of how much you can expect to earn from your investments.
So, if you are planning to invest in mutual funds through SIP, make sure to use the Monthly SIP Calculator to plan your investments better.
