SIP Calculator - Calculate your Returns on Mutual Fund Investment
What is SIP Calculator?
A SIP calculator is a simple tool that allows individuals to get a concept of the
returns on their mutual fund investments made through SIP. SIP investments in mutual
funds have come to be one of the most famous investment options for millennials
lately.
These open-end fund sip calculators are designed to offer potential investors an
estimate on their open-end fund investments. However, the particular returns offered
by an open-end fund scheme varies depending on various factors. The SIP calculator
doesn't provide clarification for the exit load and expense ratio (if any).
This calculator will calculate the wealth acquired and predicted returns for your
month-to-month SIP investment. Indeed, you get a hard estimate on the maturity amount
for any of your month-to-month SIP, primarily based on a projected annual return
rate.
How SIP Calculator Works?
This SIP Return Calculator works by values entered by the user. The User has to
enter the Monthly SIP Amount and Expected Return in the Number of years they want
to Achieve. This best sip planner will show you the Final Amount.
Final Amount would be (Rs.)
Advantages of SIP Calculator
- SIP calculator allows individuals to get an estimation of the amount that their
mutual fund investment would accumulate at the end of their SIP tenure
- With an estimate in hand, individuals can plan their finances better by using a
mutual fund investment calculator.
- Estimation of their investment value allows individuals to choose the right mutual
fund scheme