MONTHLY INVESTMENT
Rs
EXPECTED RETURN RATE
%
TIME PERIOD (Years)
Yr
- Investment Amount 20,00,000
- Est. Returns
1,25,000
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What is SIP Calculator?
Financial planning involves numbers. When you try to make sense of them, you realise that they answer many money questions with simple mathematics. There are a lot of calculators you can use to make your number-crunching simple. One among them is a SIP calculator.
Systematic Investment Plans or SIPs are a popular way to invest. Small contributions from individuals are helping households manage their finances through disciplined investing. When you start a SIP, a fixed amount is invested quarterly, monthly or annually based on your choice. SIP is helpful if you wish to shield your funds from short-term volatility in the market.
The SIP Calculators thus come in handy for getting a fair estimation of the investment returns before you invest or during the period of your investment in mutual funds.
Systematic Investment Plan calculator is an online financial tool. It shows you how much you would have to invest each month to reach your targeted corpus. Thus, it acts as a road map for you to achieve your numerous financial objectives. These SIP calculators, also known as mutual fund SIP calculators, help complete complex financial calculations quickly. The SIP calculators are designed to give a reasonable estimate of the returns on your mutual fund investments. However, the actual returns of the mutual funds may differ. These are calculators that give you an estimate. They cannot predict returns based on the market movement of underlying shares. Further, the SIP calculator does not take into account the expense ratio.
How do SIP Calculators work?
The compound interest formula is used in SIP calculators to compute SIP returns. The formula is-
M or FV= P ({[1 + i] n – 1 / i) * (1 + i)
In the above formula,
FV/M= The future value or the maturity amount
P= amount invested at regular intervals
n= number of payments made
i= (rate of interest)/ 100
The mutual fund SIP calculator usually requires three inputs-
1) The tenure of your investment
2) Periodical investment amount
3) The expected returns per annum
You can make mutual fund investments through SIP and lump sum investments. Thus, the online calculators are also of two types, the SIP calculator and the lump sum calculator. The only difference here is that the lump sum calculator helps estimate the returns on a lump sum investment. In contrast, the mutual fund SIP calculator generates estimates of returns on systematic periodic investments.
For instance, you are investing Rs.5000 per month for ten years (120 months). The expected rate of return for this mutual fund is at 10% p.a. Now, when you use the SIP calculator, you will need to input this information. The calculator displays a total corpus value of Rs.10,32,760 on a total principal of Rs.6,00,000. If you wish to increase the investment value to Rs.6000 per month, then the returns would increase to Rs.12,39,312, and your invested principle would be Rs. 7,20,000.
Some SIP investment calculators also ask for an additional input called the ‘Adjust for inflation’ button. Here, you can input the expected rate of inflation for the duration of your investment.
Benefits Of SIP Calculator Online
1) The systematic investment plan calculator facilitates obtaining a close estimate of the amount accumulated after completing periodic payments for the desired tenure.
2) Estimating future value or the maturity amount will let you choose the most suitable mutual fund scheme.
3) The SIP calculator has a user-friendly interface and is easily accessible. It saves your time to a great extent when in need of performing complex calculations.
4) The SIP calculator provides both graphical and tabulated representations of the return estimations for you to make better-informed decisions before investing.
5) The SIP calculator online gives you estimates using three different growth scenarios like above-average, average, and below-average returns. You can pick a strategy that best fits your needs and begin investing.
6) Using the free online SIP calculator, you can examine numerous return scenarios and make an appropriate investing decision.
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FAQs
To start a SIP online:
- You need to visit the website of a particular fund house. There, you have to complete the KYC procedure and select the SIP you want.
- Click on ‘register now’ and fill the application form that pops up to register a new account. Provide a username and password for your online transaction.
- Give details of the specific bank account from which the SIP payments will be debited regularly.
- After the registration process, select the scheme you like
- The investment starts after the fund house sends a confirmation, and the SIPs generally begin after 35-40 days.
You can continue your SIP payments for as long as you willingly invest. Apart from the usual plans, perpetual SIPs permit an indefinite tenure of investment.
The minimum amount required to start a SIP varies depending on the particular scheme of a mutual fund. The minimum amount may be as low as Rs.100. There is no upper ceiling on the amount of SIP investment.
Yes, you can modify your SIP amount. You can either start a new SIP for the additional amount or create a new SIP with an amount higher than the previous one if you wish to increase the SIP amount. Conversely, suppose you want to decrease your SIP amount. In that case, you can either start a new SIP with a lower amount or contact your AMC (asset management company) about the same.
You can pause your SIP for sure without any extra charges. You can withdraw your investment by redeeming the available units. However, some schemes have a lock-in period. You may also charge an exit load on withdrawal based on the exit load policy of the mutual fund scheme.
The auto-debit feature won’t let you miss an instalment. However, if there are no sufficient funds in the bank account and you happen to miss one SIP instalment, there will be no penalties or fees. The SIP will also stay operational. But, if you miss multiple instalments, the SIP will then be cancelled.
There is no specific formula for the selection. You can select a date at the beginning of the month or a day after your salary is credited. The other option could be to choose a date towards the month-end. You can also toss a coin or select your lucky date because, unlike the general notion, the SIP has negligible significance over the long term. When investing in mutual funds through SIP, it does not matter on which date of each month you had invested.
If you've started a SIP online, you can terminate it at any time. You'll need to enter your credentials first. That includes your folio number on the mutual fund website or the platform of the mutual fund aggregator and terminate your SIP. If your SIP is offline, i.e., at a mutual fund branch, you need to approach the branch to cancel the SIP.
There are four types of SIPs available in the market-
- The top-up or step-up SIP:
A step-up SIP, also known as a top-up SIP, allows you to increase the amount of your SIP investment at regular intervals. - Perpetual SIP:
A perpetual SIP is an investment that lasts indefinitely, with no set duration or end date - Flexible SIP:
You can alter the amount of your SIP investment with a flexible SIP. - Trigger SIP:
A trigger SIP is a type of investment that is triggered by specific events that you specify. For example, if the NAV of a scheme falls below a given threshold, you can establish a trigger to double the SIP.
It is recommended that you send the renewal instruction at least 30 working days before the expiration date to ensure a continuous investment. If an existing SIP is about to expire, you can renew it using the same folio number. The SIP will begin in 21-30 days from the date of submission of the form. If the SIP has been implemented on an internet platform, you can send the platform provider the renewal instructions.
Explore More Calculators
- 01 SIP Calculator
- 02 SIMPLE INTEREST CALCULATOR
- 03 COMPOUND INTEREST CALCULATOR
- 04 Home loan EMI Calculator
- 05 CAGR CALCULATOR
- 06 EBITDA MARGIN CALCULATOR
- 07 FUTURE VALUE CALCULATOR
- 08 LUMPSUM CALCULATOR
- 09 LAND CONSTRUCTION LOAN CALCULATOR
- 10 PERSONAL LOAN EMI CALCULATOR
- 11 HOME EXTENSION LOAN CALCULATOR
- 12 MARRIAGE LOAN CALCULATOR
- 13 EMI CALCULATOR
- 14 HOME RENOVATION LOAN CALCULATOR
- 15 GRATUITY CALCULATOR
- 16 BROKERAGE CALCULATOR
- 17 SWP Calculator
- 18 Margin Calculator
Disclaimer : ICICI Securities Ltd.( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, India, Tel No : 022 - 2288 2460, 022 - 2288 2470. AMFI Regn. No.: ARN-0845. We are distributors for Mutual funds. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents are solely for informational and educational purpose.
FAQs
How can I calculate my SIP return? ›
You can understand the workings of a SIP calculator with this formula. FV = P [ (1+i)^n-1 ] * (1+i)/iFV = Future value or the amount you get at maturity. Take an example where you invest Rs 2,000 per month for a tenure of 24 months. You expect a 12% annual rate of return (r).
Can we get 15% return SIP? ›In this mutual funds SIP (Systematic Investment Plan) investment, an investor can become a crorepati by investing ₹15,000 per month for tenure of 15 years. This rule says that mutual fund return would be 15 per cent if an investor has such a long-term time horizon.
What is minimum return in SIP for 20 years? ›| Duration | SIP Amount (₹) | Future Value (₹) |
|---|---|---|
| 15 years | 5000 | 17.4 Lakhs |
| 18 years | 5000 | 24.2 Lakhs |
| 20 years | 5000 | 29.6 Lakhs |
| 22 years | 5000 | 36.1 Lakhs |
A SIP calculator is a tool that helps you determine the returns you can avail when parking your funds in such investment tools. Systematic Investment Plan or SIP is a process of investing a fixed sum of money in mutual funds at regular intervals. SIPs usually allow you to invest weekly, quarterly, or monthly.
Which SIP has highest return? ›| Fund Name | 3 Year Returns | 5 years Return |
|---|---|---|
| Aditya Birla Sun Life Frontline Equity Fund Growth | 17.74 | 10.35 |
| Baroda BNP Paribas Large Cap Fund Regular Plan Growth | 17.23 | 11.57 |
| IDBI India Top 100 Equity Fund Growth | 20.28 | 10.84 |
| Canara Robeco Bluechip Equity Fund Regular Plan Growth | 19.83 | 13.68 |
...
Absolute Return.
| Initial NAV | Rs. 50 |
|---|---|
| Final NAV | Rs. 65 |
| Absolute Return [(Final NAV- Initial NAV) / Initial NAV]*100 | [(65-50)/50]*100 = 30% |
If the long-term capital gains are less than Rs 1 lakh, then you don't have to pay any tax. However, you make short-term capital gains on the units purchased through the SIPs from the second month onwards. These gains are taxed at a flat rate of 15% irrespective of your income tax slab.
Does SIP have risk? ›Though there is definitely a risk in SIP, one should always remember that SIP or lump sum, this is just an investment route and NOT the underlying investment. One needs to look at the underlying investment, its risks, and then make a final decision.
How can I save 40 lakhs in 5 years? ›...
The Moderate Investor.
| Fund | Allocation |
|---|---|
| Tata Equity PE Fund | 15% |
| Aditya Birla Sun Life Corporate Bond Fund | 20% |
| Franklin India Corporate Debt Fund | 20% |
| Fund Name | 5 years Return | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 15.50% | 16.60% |
| ICICI Prudential Bluechip Fund | 10.81% | 8.48% |
| Kotak Standard Multicap Fund | 13.24% | 11.14% |
| Quant Infrastructure Fund | 24.14% | 38.02% |
How can I save 25 lakhs in 5 years? ›
...
You may consider the following funds:
- HDFC / UTI Nifty Index Fund.
- Mirae Asset Large Cap Fund.
- Parag Parikh Flexicap Fund.
- UTI Flexi cap Fund.
- Canara Robeco Emerging Equities Fund.
- Kotak Equity Opportunities Fund.
| Scheme Name | 5-Year Monthly SIP | 10-Year Monthly SIP |
|---|---|---|
| ICICI Pru Top 100 Fund (G) | Rs.9,41,591 | 18.43% |
| Quantum LT Equity Fund (G) – Direct Plan | Rs.9,15,695 | 17.27% |
| Reliance Growth Fund (G) | Rs.10,75,057 | 24.01% |
| SBI BlueChip Fund – Reg (G) | Rs.9,55,955 | 19.07% |
The rate of interest offered in SIPs is higher than that of FDs, but it does not guarantee the best returns. It would be best if you considered the risk related to the returns. While in the case of a fixed deposit, a person who invests is sure to get higher returns irrespective of the sum they have invested in the FD.
How can I save 10 lakhs in 5 years? ›- Reliance Tax Saver (ELSS) Fund: Rs 3,000 per month.
- HDFC Taxsaver Fund: Rs 3,000 per month.
- Franklin India Smaller Companies Fund- Regular (G): Rs 2,500 per month.
- HDFC Infrastructure Fund (G): Rs 2,500 per month.
You can choose to redeem your SIP to fund your urgent needs or fulfil the financial goal for which you were investing in the first place. You can also withdraw an SIP when you feel your investment is not earning profits and when you have decided on a more rewarding scheme.
Which SIP is best for 1 year in 2022? ›| Fund Name | 1 Yr CAGR | Expense Ratio |
|---|---|---|
| Aditya Birla Sun Life Savings Fund | 3.70% | 0.49 |
| Aditya Birla Sun Life Money Manager Fund | 3.60% | 0.33 |
| HDFC Overnight Fund | 3.30% | 0.2 |
| HDFC Floating Rate Debt Wholesale Plan | 3.40% | 0.48 |
- Quant Active Fund. N.A. ...
- Quant Large and Mid Cap Fund. Consistency. ...
- PGIM India Flexi Cap Fund. Consistency. ...
- Quant Focused Fund. ...
- Parag Parikh Flexi Cap Fund. ...
- Mirae Asset Emerging Bluechip Fund. ...
- Edelweiss Large & Mid Cap Fund. ...
- Canara Robeco Emerging Equities Fund.
In terms of liquidity, a SIP is better when compared to RD. SIP can be closed and the money can be withdrawn without any penal charges. Recurring Deposit amount or the interest earned on it are not exempted from tax.
How can I invest 50000 per month? ›- Put in place a large enough Emergency Fund first.
- Pay off your credit card debts in full, as soon as you can.
- Pay off your other high-interest loans like personal loans.
- Get yourself a term insurance cover of Rs 1 crore or more.
SIP returns for various mutual funds may vary. On an average, for large cap equities, a return of 12-18% can be expected whereas from mid-cap equities, a return of 14-17% is expected. However, in case of a long-term debt-based mutual fund, one can expect a return of 6 – 9 % p.a.
Which is best SIP for 1000 per month? ›
- Nippon India Value Fund for SIP.
- Franklin India Feeder Franklin U S Opportunities Fund for SIP.
- Canara Robeco Emerging Equities Fund for SIP.
- Canara Robeco Bluechip Equity Fund for SIP.
- Nippon India Arbitrage Fund for SIP.
Both PPF and SIP are long-term investment plans. However, they differ in terms of their maturity and lock-in period. While SIPs can be stopped and redeemed at any time, a PPF comes with a tenor of 15 years, with a 7-year lock-in period. After that, you can withdraw the amount partially.
Is SBI good for SIP? ›SBI Systematic Investment plan or SBI SIP is the best way to invest in mutual funds. SBI Mutual Fund offers SBI SIP plans that let you save a certain amount on a regular interval like weekly/monthly/quarterly. Since the money is invested at a regular period, it also minimised the impact of market volatility.
Is SIP good investment? ›SIP is one of the best forms of disciplined investment, which should be done consistently over a period of time. An investor may diversify their portfolio by starting a SIP in two or more funds. Investments in certain funds are eligible for deduction from taxable income under Section 80C of the Income Tax Act.
How much tax do I pay on SIP returns? ›You will be taxed at 20 per cent (plus indexation, making it 20.8 per cent) with an indexation benefit. But for your SIPs after January 2019, a short-term capital gains tax would apply. The gains from short-term capital appreciation will be added to your income and taxed as per your income tax slab.
What happens when SIP ends? ›SIPs are only a mode of investing in mutual funds. Through SIPs, investors become disciplined and consistent with their investments. If you stop your SIPs, your money will continue to get managed in the same way.
Is SIP safe for long term? ›Yes. In reality, it is preferable to make a long-term investment in SIP. Instead of waiting for money to accumulate before investing, you begin investing with whatever amount you are able to save. This ensures that your money is always invested.
Where should I invest 25 lakhs to get monthly income? ›- Bank Deposits: Every bank offers a monthly income scheme for periods ranging from 1 year to 10 years with varying interest rates. ...
- Corporate Deposits: ...
- Monthly Income Plan Mutual Funds:
| Vehicle | Return in % | Investment Amount |
|---|---|---|
| Annuity | 7.6 | 20 Lac |
| SCSS | 7.4 | 15 Lac |
| PM VVY | 7.4 | 15 Lac |
| Bank Deposit | 6.35 | 50 Lac |
- Post Office Monthly Income Scheme: The scheme allows a maximum deposit of INR 4,50,000 for a single account and INR 9,00,000 for joint accounts. ...
- Government Bond: Government bonds are effective for risk-averse investors.
Which is the safest SIP in India? ›
- 1) ICICI Prudential Bluechip Fund.
- 2) Aditya Birla Sun Life Equity Fund.
- 3) Aditya Birla Sun Life Tax Relief'96.
- 4) Reliance Large Cap Fund.
- 5) SBI Small Cap Fund.
- PGIM India Flexi Cap Fund. Consistency. ...
- Invesco India Contra Fund. Consistency. ...
- SBI Focused Equity Fund. EQUITY Focused. ...
- Sundaram Focused Fund. EQUITY Focused. ...
- UTI Value Opportunities Fund. Consistency. ...
- UTI Flexi Cap Fund. ...
- DSP Flexi Cap Fund. ...
- Consistency.
- Axis Bluechip Fund - Direct Plan Growth (Large-cap Equity)
- ICICI Prudential Regular Savings - Direct Plan Growth (Hybrid)
- Quant Infrastructure Fund (Equity)
- HDFC Credit Debt Risk Debt Fund - Direct Growth.
- Lump Sum Mutual Funds. Mutual funds allow you to invest in the money market and stocks, shares, and equities of companies. ...
- ULIPs. ...
- Pension Plans. ...
- Traditional Guaranteed Monthly Income Schemes. ...
- Child Plans. ...
- Fixed Deposits.
| Funds Name | Returns(%) | |
|---|---|---|
| ICICI Prudential Monthly Income Plan | 5.5 | 7.6 |
| Invesco India Regular Savings Fund | 5.7 | 7.4 |
| Reliance Hybrid Bond Fund | -16.49 | -1.56 |
| UTI Regular Savings Fund | -8.68 | 1.47 |
...
Tax Benefits of Investing in Mutual Funds.
| Nature of Profits / Income | Equity Funds Taxation | Non-Equity Funds Taxation |
|---|---|---|
| Minimum Holding period for Long term capital gains | 1 year | 3 years |
- SBI Bluechip Fund. This is one of the most popular fund houses in the large-cap category. ...
- Nippon India Large Cap Fund Growth. ...
- L & T Mid Cap Fund Growth. ...
- HDFC Small Cap Fund. ...
- L & T Emerging Business Fund Growth. ...
- Aditya Birla Sunlife Growth. ...
- DSP Equity Opportunities Fund. ...
- Nippon India Equity Hybrid Fund.
| Fund Name | 5-Year Returns (In%) | Expense Ratio (In %) |
|---|---|---|
| Canara Robeco Emerging Equities Fund | 20.39 | 1.85 |
| Axis Focus 25 Fund | 20.43 | 1.74 |
| IDFC Banking & PSU Debt Fund | 7.62 | 0.62 |
| ICICI Prudential Corporate Bond Fund | 7.93 | 0.58 |
Axis Bluechip Fund is one of the best large-cap equity mutual fund plans. It invests your money in stocks of companies that have a large market capitalization, that is INR 1000 Cr or more. This is a good long term investment option as it has the possibility and record of showing steady growth every year.
How do I calculate return on SIP in excel? ›The process to calculate SIP returns in excel include tracking the NAV (Net Asset Value) of a mutual fund in which SIP (Systematic Investment Plan) is being done, calculate number of units by dividing the amount invested by the NAV value on the day of investment, adding all the units we have accumulated in the past and ...
What is the average return on SIP? ›
market experts say that on an average, SIPs can give 10-20% return if you invest regularly in growth assets like equities.
Which is best SIP for 1000 per month? ›- Nippon India Value Fund for SIP.
- Franklin India Feeder Franklin U S Opportunities Fund for SIP.
- Canara Robeco Emerging Equities Fund for SIP.
- Canara Robeco Bluechip Equity Fund for SIP.
- Nippon India Arbitrage Fund for SIP.
36,335 per month, you can actually grow your money to Rs. 1 crore in 10 years. At the end of 10 years, you would have invested Rs. 43.20 lakhs as principal and the balance amount will come in the form of returns on the fund.
How mutual fund return is calculated with example? ›- Point-to-Point or Absolute Returns. ...
- Simple Annualised Return. ...
- Simple Annualised Return: [(1 + Absolute Rate of Return) ^ (365/number of days)] – 1. ...
- Compounded Annual Growth Rate (CAGR) ...
- = {[(Present NAV / Initial NAV) ^ (1 / number of years)] −1} × 100.
- Download and save the file to a folder on your computer (do not leave it in the downloads folder)
- Open the file in Excel (you need Excel 2016 / Office 365 to use this file. ...
- If prompted, enable “External connections”
- Go to Data and click on Refresh all.
The projected amount is calculated based on the style of investment you opt for. Projection calculations are assumed at a pretax rate of 12.5% p.a. for conservative; 14.5% p.a. for moderate and 17% p.a. for aggressive investments.
Is SIP better than FD? ›The rate of interest offered in SIPs is higher than that of FDs, but it does not guarantee the best returns. It would be best if you considered the risk related to the returns. While in the case of a fixed deposit, a person who invests is sure to get higher returns irrespective of the sum they have invested in the FD.
Which SIP gives highest return in 5 years? ›| Fund Name | 5 years Return | 3 years Return |
|---|---|---|
| HDFC Balance Advantage Fund | 15.50% | 16.60% |
| ICICI Prudential Bluechip Fund | 10.81% | 8.48% |
| Kotak Standard Multicap Fund | 13.24% | 11.14% |
| Quant Infrastructure Fund | 24.14% | 38.02% |
Though there is definitely a risk in SIP, one should always remember that SIP or lump sum, this is just an investment route and NOT the underlying investment. One needs to look at the underlying investment, its risks, and then make a final decision.
Is SIP better than RD? ›In terms of liquidity, a SIP is better when compared to RD. SIP can be closed and the money can be withdrawn without any penal charges. Recurring Deposit amount or the interest earned on it are not exempted from tax.
Which is best SIP for 2022? ›
- Axis Bluechip Fund - Direct Plan Growth (Large-cap Equity)
- ICICI Prudential Regular Savings - Direct Plan Growth (Hybrid)
- Quant Infrastructure Fund (Equity)
- HDFC Credit Debt Risk Debt Fund - Direct Growth.
- Quant Active Fund. N.A. ...
- Quant Large and Mid Cap Fund. Consistency. ...
- PGIM India Flexi Cap Fund. Consistency. ...
- Quant Focused Fund. ...
- Parag Parikh Flexi Cap Fund. ...
- Mirae Asset Emerging Bluechip Fund. ...
- Edelweiss Large & Mid Cap Fund. ...
- Canara Robeco Emerging Equities Fund.
| Vehicle | Return in % | Investment Amount |
|---|---|---|
| Annuity | 7.6 | 20 Lac |
| SCSS | 7.4 | 15 Lac |
| PM VVY | 7.4 | 15 Lac |
| Bank Deposit | 6.35 | 50 Lac |
Assuming 7% inflation, Rs 1,00,000 today will be worth Rs 13,000 after 30 years.
Is 1.5 crore enough to retire? ›1.5 Crore is the required-value if one retires tomorrow. If the person is going to retire after 20 years, the required corpus will be much higher.