What is SIP Calculator & its Benefits

Mutual funds can be your ideal initiation into the world of investment. With a systematic investment plan (SIP), you can invest mutual funds at your own pace, with the chosen tenure and periodic investment amount.

In most mutual funds, equities, or commodities, you invest a specific amount of money for a long term, i.e. years. During this investment period, the inflation rate, market performance, and fund value may fluctuate.

It is difficult for us to plan SIP investments without a guide, which is where a SIP calculator comes into the picture.

A SIP calculator is an online tool that lets you get an idea of the returns from your mutual fund investments. It helps calculate the wealth gain, expected returns, and the final maturity amount based on a projected annual rate of return.

There are several advantages of using a SIP calculator for your financial planning.

Updated and Systematic Approach

A SIP calculator provides updated calculations based on real-time stock values. This way, you get the latest information about your money and also get to know the projected growth rate of the fund accurately.

It has a systematic approach towards investment by considering factors like diversification, past performance, preferred duration and amount, etc. You can pick a suitable investment plan and check whether it fulfils your financial goals in the long run.

Quick and Easy Calculation

Most of us get confused with stocks, bonds, and numbers. For beginners, especially, SIP calculators are a huge boon. You just need to fill in a few basic details to get an accurate estimation of your investment value.

The calculation is free, easy, and instantaneous. You can access SIP calculators anywhere through any browser on the internet.

Helps Compare SIPs

You can enter past returns of funds to get an estimation of how much money you could have made from a specific SIP. Doing so can help you compare performance and choose the fund that offers the best returns. This way, you maximise your returns and also increase the security of your money.

Personalised Results

A SIP calculator gives personalised returns based on your details. Once you enter your personal details, you will get investment schemes tailored to your specific needs. The calculator takes into account your investment capabilities, lifestyle, and financial goals to suggest ideal investment opportunities for you.

For instance, if you don’t have enough funds, it can suggest low investment options that will accommodate your financial requirements and set a lower limit. You can then amp up your investment amount with time.

Power of Compounding

SIPs give you the power of compounded returns. A SIP calculator suggests the products with the best chances of assured growth. It also calculates the profits you can make from the compounded investment of the returns.

Estimate Your Returns with a SIP Calculator Now!

Even then, it is the best way to plan your financial future with an informed scheme. In a few simple steps, you get a tailor-made investment plan that caters to your lifestyle and future plans.

Use the Mutual Funds Sahi Hai SIP calculator to find the future value of your SIP investment!