The Systematic Investment Plan (SIP) Calculator is a free online financial tool available on the Super Finserv website. It helps users calculate the potential returns from SIP investments and allows for comparisons between different SIP investment strategies.
A Mutual Fund SIP calculator estimates the future value of your SIP investments by considering several factors, including the regular investment amount (SIP contributions), expected rate of return, and investment tenure. By entering these details, you can gain insight into how your investments may grow over time. While the final maturity amount may vary due to external factors, this tool provides a rough idea of the expected returns.
With a clearer understanding of the potential returns and the commitment required, you can make a more informed decision about which SIP strategy is the most suitable for you.
A SIP plan calculator works on the below formula –
M = P × ({[1 + i]^n – 1} / i) × (1 + i).
M | Future value of investment |
P | Principal contributions each month |
i | expected rate of return (per month) |
n | Number of contributions towards the principal |
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