If you know how much you want to invest in Mutual Funds every month, you can use the ET Money SIP Calculator to estimate the potential future value of your monthly investments. If you have a certain amount in mind that you want to invest each month, a Systematic Investment Plan calculator should be your go-to tool. In this example, for instance, it helped you realise that you can fall short of your goal by ₹3.5 lakh. The SIP plan calculator can provide you information about how much returns you’d generate and what your investment will grow to over the next five years. When you input the data into a calculator, it tells you the following:įor instance, if you want to invest a fixed amount every month for 5 years, you can calculate the future value of your investment through ET Money’s SIP returns calculator by: You don’t mind an aggressive strategy, so you could expect to earn 12% p.a. You need ₹20 lakh at the end of five years, and you’re able to invest ₹20,000 each month starting today. You can plug these numbers into a SIP calculator online.įor instance, say you’re investing in your child’s college. It gives you an idea of how much you’d earn on your investment if you contribute X amount each month for Y number of years at a Z rate of expected return. The compound interest formula is used in SIP calculators to compute SIP returns.As you know by now, the Systematic Investment Plan calculator helps you analyze three figures: your principal, the returns earned on the principal, and the future value of the investment. For instance, you could start making SIP contributions when a share price reaches a certain value.
Trigger SIP – Here you make a SIP contribution only when a particular market situation occurs.You make contributions towards your corpus as long as you wish to. Perpetual SIP – This particular SIP continues indefinitely.Step-up or Top-up SIP – This type of SIP allows you to increase your contribution at fixed intervals, giving you the chance to make the most of a favourable market positioning.This allows you to cater to your changing affordability. Here, you can change the SIP contribution amount at any given time. You can make fixed SIP contributions at fixed time intervals. Flexible SIP – This SIP works similarly to a regular SIP.You cannot change your SIP amount at any point. You can make fixed SIP contributions at fixed time intervals – monthly, quarterly, or half-yearly. Regular SIP – It is the most common type of SIP investors opt for.Further, the SIP calculator does not take into account the expense ratio. They cannot predict returns based on the market movement of underlying shares. These are calculators that give you an estimate. However, the actual returns of the mutual funds may differ. The SIP calculators are designed to give a reasonable estimate of the returns on your mutual fund investments. These SIP calculators, also known as mutual fund SIP calculators, help complete complex financial calculations quickly. Thus, it acts as a road map for you to achieve your numerous financial objectives.
It shows you how much you would have to invest each month to reach your targeted corpus. Systematic Investment Plan calculator is an online financial tool. The SIP Calculators thus come in handy for getting a fair estimation of the investment returns before you invest or during the period of your investment in mutual funds. SIP is helpful if you wish to shield your funds from short-term volatility in the market. When you start a SIP, a fixed amount is invested quarterly, monthly or annually based on your choice. Small contributions from individuals are helping households manage their finances through disciplined investing. Systematic Investment Plans or SIPs are a popular way to invest. There are a lot of calculators you can use to make your number-crunching simple. When you try to make sense of them, you realise that they answer many money questions with simple mathematics.
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