What is SIP?
SIP (Systematic Investment Plan) allows you to invest a fixed amount regularly in mutual funds, helping build wealth through compounding.
SIP Formula
FV = P × [ ( (1 + r)n − 1 ) ÷ r ] × (1 + r)
SIP Calculator
Calculate SIP returns and investment growth easily
Frequently Asked Questions
What is SIP?
SIP (Systematic Investment Plan) is an investment method where you invest a fixed amount regularly in mutual funds.
How does a SIP calculator work?
A SIP calculator estimates the future value of your investments based on monthly contribution, expected return rate, and investment duration.
What is the benefit of investing through SIP?
SIP helps inculcate disciplined investing, averages market volatility, and allows you to build wealth gradually over time.
How is SIP return calculated?
SIP returns are calculated using compound interest principles, considering monthly investments and expected annual returns.
Is SIP better than lump sum investment?
SIP is suitable for long-term, disciplined investing and reduces market timing risk, while lump sum investing depends on market conditions.
What is a good SIP investment duration?
A SIP duration of 5 to 10 years or more is generally considered good for wealth creation and better returns.
Does this SIP calculator include market risks?
No, the SIP calculator provides estimated returns based on assumed rates and does not account for market fluctuations.
Can I use this calculator for any mutual fund?
Yes, this SIP calculator can be used for estimating returns of any mutual fund by adjusting the expected rate of return.
Is this SIP calculator accurate?
The calculator provides an estimate using standard financial formulas. Actual returns may vary depending on market performance.
Is this SIP calculator free to use?
Yes, the SIP calculator on DailyCalcu is completely free and does not require registration.