Sahara SIP Calculator

Sahara SIP Calculator

How Does the Sahara SIP Calculator Work?

The SIP Calculator, by using the following key parameters, projects your investment's future value when it matures.

Example of SIP Calculation

To understand how the Sahara SIP Calculator works, let’s look at the following example.

Imagine you decide to grow your money to have a financially secured future. You invest ₹ 20,000 every month for a period of 10 years with a 12% annual rate of return. You wish to know what will be the future value of your investments after 10 years. Let’s find out. 

Interest rate (i)= 12% p.a.

Total number of installments (n) = 10 years x 12 = 120 months

Fixed Amount of SIP Installment (p) = ₹ 20,000

By converting the annual interest rate to monthly and solving the equation based on the formula given above, you arrive at an approximate future value of ₹ 44,80,000.

So, you come to know that due to the power of compounding, your invested amount ₹ 24,00,000 grows in the future. The longer it stays invested, the more it grows on its own growth – that's compounding! 

How to Use Policybazaar’s Sahara Mutual Fund SIP Calculator?

Policybazaar Sahara SIP calculator gives the results of potential returns on your MF investments in a flash. Policybazaar’s mutual fund SIP calculator can be used by following these steps:

If You Know Your Investment Amount:

When you know the amount you are going to invest, you can simply follow the given steps and calculate the monthly, yearly, or lump sum returns on your investments.

1. Monthly Return Calculation

   • Specify the amount you plan to invest each month.

   • Enter your expected annual rate of return.

   • Enter your investment duration in years.

   The Policybazaar Sahara SIP calculator will show you the estimated compounded amount and the total accumulated amount at the end of your investment period. 

2. Yearly Return Calculation

   • Specify your yearly Investment Amount.

   • Enter your expected annual rate of return.

   • Enter your investment duration in years.

   The SIP calculator will display the wealth you will gain on your investments and the total accumulated amount.

3. Lump Sum Return Calculation

   • Specify the one-time amount you plan to invest.

   • Enter your anticipated annual return rate.

   • Indicate the duration of your investment in years.

   The Policybazaar Sahara SIP calculator will show your estimated lump sum returns and the total accumulated amount at the end of your investment period.

If You Know Your Goal Amount:

• Enter your goal savings or the target amount you want to generate from your investments.

• Specify your planned investment timeframe.

• Input the expected rate of return.

• The Policybazaar Sahara SIP calculator will instantly display the required monthly investment, your total investment, and the projected wealth gain.

What are the Advantages of the Policybazaar Sahara SIP Calculator?

The Sahara SIP calculator of Policybazaar is a popular online tool because of the advantages it offers. Some of the common advantages of using the Policybazaar Sahara SIP calculator are:

• Return on Investment Projection: By illustrating the power of compounding, the policybazaar Sahara SIP calculator projects the ultimate returns on your SIP investments, helping you understand long-term growth.

• Clarity on Investment and Maturity Amount: By taking in your fixed investment amount, tenor, and expected ROI, the Policybazaar Sahara SIP calculator shows you your aggregate SIP investment amount as well as the aggregate amount you will earn at the time of maturity.

• Suitable Investment Plan Choice: Policybazaar’s Sahara SIP calculator changes the expected returns outcome with changing inputs such as investment tenor, amount or expected rate of return, so that you select the best SIP plans as per your individual financial goals.

• Systematic Savings: By giving you the amount required to reach your monetary goals, the Policybazaar Sahara SIP calculator instills a habit of systematic saving in you.

• User-Friendly: The Policybazaar Sahara SIP calculator is easy to use; any person of any age can easily use it and find out the earnings on their investments.

Conclusion

The Sahara SIP Calculator helps you analyse the performance of your SIP mutual fund investments and other related factors. By reducing manual calculations on your part, the SIP calculator helps you focus on accurate financial planning that aligns with your investment target. The Sahara SIP Calculator is the first step of your investment journey in mutual funds.