SIP Calculator
About SIP Calculator
A SIP Calculator helps you estimate the future value of your monthly investments in mutual funds. By entering your monthly investment amount, expected annual return rate, and investment duration, you can quickly calculate the total invested amount, estimated returns, and final maturity value.
This tool is useful for long-term financial planning, retirement goals, child education planning, and wealth creation.
How SIP Calculator Works
The SIP Calculator uses a compound interest formula to calculate returns:
Future Value = P × [(1 + r)^n – 1] / r × (1 + r)
Where:
- P = Monthly Investment
- r = Monthly Interest Rate
- n = Total Number of Months
It assumes a fixed rate of return and regular monthly investments.