SIP Calculator

A SIP Calculator is an online tool that helps you estimate the future value of your monthly SIP (Systematic Investment Plan) investments in Mutual Funds. It's a very useful tool that gives an approximate idea of how much your investments can grow based on the SIP amount, investment duration and expected return rate.

The MySIPonline's SIP calculator works smartly by taking in three factors to calculate your SIP returns in minutes:

• Your monthly investment amount.
• Duration of your investments.
• Expected rate of return (%).

Now, when you input these values, our SIP calculator shows your future expected value in green, followed by your total investment amount and total returns earned.

A Systematic Investment Plan (SIP) calculator helps you figure out how much your monthly SIP contributions could grow over time. It uses a formula that takes into account how much you invest every month, the expected rate of return and how long you plan to invest.

FV =P* (([1+r] ^n-1)/r)*(1+r)

Where:

Take for example you want to invest Rs.5,000 per month for 5 years at a periodic rate of interest of 8%.

Now, when you input these values into the SIP calculator, you will arrive at Rs.3,67,384 lakh as your future expected value while making a whopping earnings of Rs.67,384 on your total investments.

While the actual returns may change based on market conditions, the SIP calculator gives you a rough idea of what to expect, helping you plan your investments better.

(Note: The rate of interest on a SIP will differ as per market conditions. It may increase or decrease, which will change the estimated returns.)

Pro Tip: Multiply your returns 2X with Step Up SIP Calculator today.

The MySIPonline offers the best SIP calculator, which gives you the following advantages:

1. The mutual fund SIP calculator helps you plan investments that are aligned with how much you can invest every month and your duration.
2. It gives a real-time estimation of the total value of investments at the time your SIP matures.
3. The SIP return calculator shows accurate results that ultimately save time as compared to manual calculation.

A SIP calculator helps you make a strong portfolio that fulfils your financial needs and aligns them with your investments.

The MySIPonline’s SIP calculator is smartly designed for every type of investor whether new or experienced. Let’s take real-time scenarios to understand the functionality of this useful tool:

Option one if you know your future value of investment:

You can easily input the following three factors to calculate your SIP returns in minutes:

• Step 1: Input Monthly Investment Amount
  

  Choose an amount that you can spare after your expenses of each month in the "I want to invest" box. For example, Rs.1,000.

• Step 2: Choose the Investment Duration
  

  Decide how long you want to invest. For example, if you plan to invest for 5 years, enter that.

• Step 3: Enter Expected Rate of Return
  

  Enter the expected annual return rate, like 12%, to get an estimate of how your investment could grow.

Option two if you want to know your target amount:

First things first, you need to have a clear idea about the purpose of your investment. This will help you calculate how much you need to invest monthly to reach your target amount.

You can start by entering the following values:

• Step 1: Your target amount (this calculator helps you calculate amounts up to 50 Crores)
• Step 2: Your SIP type, choose whether you want to invest monthly or annually.
• Step 3: Investment tenure (Minimum 1 year and maximum 30 years).
• Step 4: Expected rate of returns (1% - 30%, according to your market cap).

After plugging in all the above information, our calculator will show you exactly how much you need to invest to reach your targeted amount.

Option three if you want to know your investment duration:

This step will help you know how long you need to stay invested to achieve your target amount.

Enter the following value to calculate:

• Step 1: Fill in how much you need to make, for example, you want to make Rs.50000.
• Step 2: Decide the investment amount and whether your investment tenure is monthly or annually.
• Step 3: Put in your expected rate of return, let's say 8%.
• Step 4: At this point, the calculator will show you how long you need to stay invested to reach your target amount.

In the above case, to make Rs.50,000, you need to invest for 7 years on which with a return rate of 8%, your total investment would be Rs.42,000 on which the total return earned would be Rs.8000.

Option four if you want to know your return rate:

In order to calculate your rate of return, you need to follow the below steps:

• Step 1: Enter your target amount.
• Step 2: Mention how much you can invest and pick between monthly and yearly.
• Step 3: Enter your investment duration.
• Step 4: See the final results that will show you the annual rate required to reach your target amount.

For example, if you need Rs.1,00,000 and you invest Rs.500 via monthly SIP for 5 years, the calculation will show you that to achieve this goal, you will need an annual return rate of 43%, where Rs.30,000 will your invested amount on which you would have made a whopping return of Rs.70,000.