Best SIP Calculator
Calculate the return on investing in a SIP.
What is SIP(Systematic Investment Plan)?
SIP allows you to invest a fixed amount of money in mutual funds weekly, quarterly, or monthly. SIP is the best way to invest in Mutual Funds as you don’t have to invest a larger amount.
Types of SIP
Regular SIP
Regular SIP is the simplest type of SIP that lets you invest a fixed amount at regular intervals, such as monthly, bi-monthly, quarterly, or half-yearly.
Top-up SIP
This SIP allows you to increase your SIP investment at pre-defined intervals.
Flexible SIP
This SIP allows you to alter your investment amount as per your preference.
Perpetual SIP
This SIP allows you to invest the money as long as you want without any end date
Trigger SIP
This SIP allows you to start investing during a specific index level, NAV, date, or event.
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How is SIP Return Calculated?
The formula to calculate a SIP plan is below:
M = P x {[(1 + r)n – 1] ÷ r} x (1 + r)
where:
M = Maturity amount that you will receive
P = Principal amount you invest each month
r= Rate of interest per month
SIP Calculator
A SIP calculator is an online tool that helps users estimate the return on their investment. The calculator tells you how much you need to invest to earn a targeted amount. SIP calculators are great for achieving your financial goals. Munim’s SIP calculator is very easy to use and it gives you the relevant result. All you have to do is to enter the information and it will automatically calculate and show the results for you within a few seconds.
Benefits of Using SIP Calculator
- Instant results
- Simple to understand
- Easy to use
- Informed decision
- Save time
FAQs
How much should I invest in a SIP?
What is the maximum tenure of SIP?
Can I increase my SIP amount?
Can I renew a SIP?
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