What are SIP Calculators?

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SIP CALCULATORS
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What is SIP?

• An SIP is a systematic investment plan which lets
  you invest a fixed amount periodically in a
  selected mutual fund.
• For example, if you start a monthly SIP of ?5,000
  in a mutual fund, that amount will automatically
  be deducted from your bank account and invested
  in that mutual fund every month on the
  pre-decided date. This makes an SIP an automated
  way to invest.

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What is SIP Calculator?

• A SIP calculator is a simulation, which allows
  individuals to estimate the return on their
  mutual fund investments made through SIP.
• Investing through SIPs in mutual funds has become
  one of the most popular investment options for
  millennials these days.
• SIP calculators are designed to give potential
  investors a heads up on their mutual fund
  investments.
• However, the actual returns offered by a mutual
  fund scheme varies depending on various factors.
• The SIP calculator does not account for the exit
  load and expense ratio (if any).
• Start using a SIP Calculator today!

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How does SIP Calculator work?

• A SIP calculator works by the values entered by
  the users.
• The users are to enter their amount of
  investment, frequency of investment, duration of
  investment, and the expected returns.
• The SIP calculator is designed based on the
  compound interest formula.
• The compounded interest powers the mutual fund
  returns.

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