Invest For (in Years)
Stay invested for (in Years)
Expected rate of return (in %)
An SIP is a disciplined way to invest in mutual funds. It involves contributing a fixed amount regularly, leveraging compounding for long-term goals. A mutual fund SIP calculator helps estimate potential returns, empowering investors to make informed decisions about their mutual fund portfolio.
|Fund Name||3 Years||5 Years||10 Years|
|Top 200 Fund Tata AIA||27.97%||25%||
|Virtue II PNB Metlife||23.09%||19.45%||
|Pure Equity Birla Sun Life||20.32%||16.19%||
|Growth Opportunities Plus Fund Bharti AXA||18.94%||16.4%||
|Pure Stock Fund Bajaj Allianz||17.62%||14.7%||
|Equity Top 250 Fund Edelwiess Tokio||17.15%||14.02%||
|Blue Chip Fund HDFC Standard||15.08%||13.33%||
|Growth Super Fund Max Life||15.27%||13.42%||
|Multi Cap Growth Fund ICICI Prudential||16.73%||11.78%||
|Equity Fund SBI||15.02%||13.02%||
Updated as on November 2023
|Fund Name||3 Years||5 Years||10 Years|
|Large Cap Fund Nippon India||29.45%||15.33%||
|Bluechip Fund SBI||22.34%||14.79%||
|Cap Fund Edelweiss Large||20.14%||14.01%||
|Frontline Equity Fund Aditya Birla Sun Life||21.57%||13.35%||
|Bluechip Fund ICICI Prudential||24.00%||14.36%||
|Large Cap Fund Mirae Asset||18.65%||13.49%||
|Bluechip Equity Fund Canara Robeco||18.57%||15.24%||
|Bluechip Growth Kotak||19.78%||14.55%||
|Large Cap Fund Baroda BNP Paribas||19.37%||15.09%||
Updated as on November 2023
A Systematic Investment Plan (SIP) is a disciplined method of investing money in mutual funds. It allows investors to contribute a fixed amount of money regularly, typically on a monthly basis, into a selected mutual fund scheme.
SIPs in Equity Linked Saving Schemes (ELSS) enjoy the EEE (Exempt, Exempt, Exempt) tax benefit. This means the amount you invest, the returns at maturity, and any withdrawals are all tax-free. Utilize an SIP calculator to plan your investments and reap these tax advantages.
SIP is a smart way to save and grow your money. It helps you save regularly, reducing the impact of market ups and downs. Plus, it lets your money grow over time through compounding. So, SIP is a simple and effective method for building wealth.
A SIP calculator is an online tool that estimates the returns on mutual fund investments made through a Systematic Investment Plan (SIP). The calculator requires inputs such as the investment amount, expected rate of return, investment tenure, and step-up rate. The calculator then provides the output in both graphical and chart format.
The mutual fund SIP calculator simplifies this process by automating the computations. It takes into consideration the monthly investment amount, the expected rate of return, and the investment horizon to provide an estimate of the potential future value of the investment.
Imagine you're saving for your child's college education. You aim to have ₹20 lakhs in 5 years and can invest ₹30,000 every month. With an expected annual return of 10%, you plug these numbers into the SIP calculator.
The calculator shows:
Total amount invested: ₹18 lakhs
Gains: ₹5.42 lakhs
Maturity Value: 23.42 Lakhs (amount you will get)
This means your investment has grown significantly, reaching a maturity value of ₹23.42 lakhs. You've not only achieved your ₹20 lakh goal but also gained an additional ₹3.42 lakhs.
In scenarios where you have a fixed monthly investment in mind, using a mutual fund SIP calculator is important for planning your investments effectively.
It's important to note that the rate of interest on mutual funds can change as per market conditions. This may impact the estimated returns. This is not professional financial advice. Consulting a financial advisor about your particular circumstances is best.
Rohit, a young professional, wants to invest Rs. 5000 per month for 1 year at a 12% interest rate. The monthly interest rate is calculated as 12% / 12 = 1% or 0.01 in decimal.
Now, let's find the maturity amount (M):
M = Rs. 5000 * ([1 + 0.01]^12 - 1) / 0.01 * (1 + 0.01)
After calculating, we get:
M = Rs. 64,047(approximately).
So, the maturity amount will be around Rs. 64,047
**The interest rate on a SIP will vary as per the market situation. It may decrease or increase and can change the returns estimated.
Here are the steps you can follow to use the SIP return calculator:
Step 1: Visit mutual fund SIP Calculator on Policybazaar's website
Step 2: Provide the required details such as investment amount, tenure of investment, expected rate of return, and the number of years you want to stay invested for
Step 3: View the results, including the total investment made and the SIP maturity amount. You can also check out various investment plans available for you.
With a SIP mutual fund calculator, you can make your investment decisions more insights-driven. These tools make you a better investor by offering multiple benefits, including -
The mutual fund SIP calculator acts as a strategic financial planning tool. It offers a clear and realistic projection of your investment's growth over time.
Aligning your investments with specific financial goals is crucial for success. Whether you're saving for education, a new home, or building a retirement corpus, the SIP calculator becomes an important tool. It assists in calculating the required investment amount and the time it will take to achieve your defined objectives.
The monthly SIP investment plan calculator enables you to conduct scenario analyses. You have the flexibility to adjust variables such as investment amount, duration, and expected returns.
Assessing the risk associated with investments is a critical aspect of financial planning. The SIP mutual fund calculator facilitates this by considering factors such as expected returns and investment duration. This aids in gaining a comprehensive understanding of the potential risks and rewards associated with different investment plans and options.
SIP mutual fund calculators have become an essential tool for today's digitally savvy investors like you. If you want to invest in different funds through SIPs, using the SIP calculator is a must for making realistic decisions. With our best mutual fund SIP calculator, you can estimate potential returns and choose the best SIP plans that best suit your needs.
*All savings are provided by the insurer as per the IRDAI approved
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^10(10D) Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
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