SIP Calculator

SHARE
YEARS
%
Wealth Gained
Invested Amount
Total Wealth

What is SIP Calculator?

SIP Calculator is a valuable tool that helps investors estimate the future value of their mutual fund investments made through a Systematic Investment Plan (SIP). By inputting the monthly SIP amount, investment duration, and expected rate of return, the calculator can determine the projected corpus amount at maturity. This tool empowers investors to make informed financial decisions by providing a clear understanding of the potential growth of their SIP investments.

How does the SIP Calculator Work?

A SIP Calculator follows the below formula:

SIP Returns Formula 

FV = P [ (1+i)^n-1 ] * (1+i)/i 
 
  • FV = Future value or the amount you get at maturity.
  • P = Amount you invest through SIP
  • i = Compounded rate of return
  • n = Investment duration in months

Example of a SIP Calculator

Jane is 30 years old and works as an investor. She is thinking about how she can invest money for retirement purposes. So, Jane decides to put money into a mutual fund product via a Systematic Investment Plan.

  • Investment amount: ₹35,000 per month 
  • Investment period: 30 years 
  • Expected interest rate: 8% per annum
  • Frequency of investments: Monthly

Result:

With the above Formula the SIP Calculator would give following results:

  • Future Value of the investment: ₹5,25, 10,331 
  • Total Investment: ₹1,26,00,000 (35,000 * 12 * 30)
  • Potential Returns: ₹3,99,10,331 (Future Value - Total Investment)

How to Calculate SIP Returns in Excel?

To calculate SIP returns in Excel:

  1. Enter SIP Dates: In column A, list the dates of SIP investments.
  2. Enter SIP Amounts: In column B, list the SIP amounts.
  3. Enter NAVs: In column C, list the Net Asset Values (NAV) on each SIP date.
  4. Calculate Units: In column D, divide SIP amount by NAV (=B2/C2).
  5. Calculate Total Value: Multiply total units by the latest NAV.
  6. Calculate Returns: Use = ((Total Value - Total Investment) / Total Investment) * 100 for percentage return.

How to use ClearTax SIP Calculator?

You can easily use ClearTax SIP Caculator by following below steps:

  • Enter the Monthly SIP amount
  • Now Fill out other details, Investment duration and expected rate of return
  • Calculator will show you the estimated corpus with a beak-up of earned interest and invested amount. 

Advantages of Using a SIP Calculator

SIP calculator India has its advantages that it offers to the investors:

  • Accurate Planning: SIP calculators forecast the future growth of an investment well based on specific input criteria. It includes the amount to be funded, the duration, and the expected return. SIP calculators apply mathematical algorithms. It develops definite approximations so traders can manage their finances.
  • Comparison of Several Scenarios: Changing the components of your inputs in SIP calculators, like amount, duration, and anticipated rate, means that they help users evaluate various investment conditions. They assist them in making informed choices. It is based on their economic objectives. Thus coming up with alternative investment strategies that may result in desirable outcomes.
  • Visualisation of Potential Returns: Through systematic investing, SIP calculators help buyers see how their money can grow. Regarding their investing plans, graphs and charts are also available to help them understand the power of compounding. It enables them to make informed choices.
  • Goal Setting and Progress Monitoring: SIP calculators aid traders in setting attainable financial targets and monitoring their progression towards them. By entering their specific financial goals, such as retirement savings or funding their child's education, investors can estimate the required investment amount. From there they can see how they progress over time.
                                                  Bank SIP Calculators
SBI SIP CalculatorPNB SIP Calculator
HDFC SIP CalculatorBOI SIP Calculator
Canara Bank SIP CalculatorDHFL SIP Calculator
Axis Bank SIP CalculatorHSBC SIP Calculator
Kotak Bank SIP CalculatorUnion Bank SIP Calculator

Frequently Asked Questions

How does ClearTax SIP Calculator help you choose SIPs?

ClearTax SIP Calculator helps in determining the final corpus at maturity on the basis of SIP Amount, investment tenure and expected rate of return. You can change the inputs to check your desired final amount. After Calculation, you can choose the Mutual Fund scheme that has track record of good return and has a potential to deliver your desired amount at maturity. 

Are SIP is equal to mutual funds?

No, SIP is just a medium for investing your money in a particular fund or scheme. It is just an investment vehicle that helps you park your money.

Why should I use the ClearTax SIP Calculator?

The ClearTax SIP Return Calculator will show you the value of your SIP instalments at the end of the investment tenure. You may use the ClearTax SIP Calculator to get a birds-eye view of your mutual fund investments. It helps you to decide on your SIP instalments to achieve your financial goals in time.

Does the SIP calculator include taxes and fees?

No, it just shows the matured amount investor can get on the basis SIP amount, Expected Return and Tenure. It doesn't give any information related taxes and Fees.

What is SIP?

A systematic investment plan (SIP) is a mutual fund investment tool that allows investors to invest at regular intervals. Investors can select their preferred investment frequency - weekly, monthly, quarterly, half-yearly, or yearly. SIP offers a disciplined way of investment and benefits investors in the long run with the power of compounding growth. It gives the benefit of Rupee Cost Averaging by providing the chance to buy more NAV (Net Asset Value) with the same investment amount in a bear market. Additionally, investors can choose to stop SIP whenever at anytime.

How to calculate SIP returns in Mutual Funds?

To calculate SIP returns in mutual funds, divide each SIP amount by the respective NAV to get the units, sum all units purchased, and add all SIP amounts for total investment. Multiply total units by the current NAV for current value. Calculate returns using ((Current Value - Total Investment) / Total Investment) * 100

How to calculate CAGR for SIP?

To calculate CAGR for SIP, find the final value of the investment, initial value, and the number of years. Use the formula: [(Final investment value / Initial investment value)^(1/n)] – 1

In the above formula, ‘n’ refers to the investment tenure in terms of years. This gives the annual growth rate of your SIP investments.

How to calculate xirr for SIP?

XIRR is determined by finding the rate of return that sets the net present value (NPV) of cash flows to zero. The formula to calculate XIRR is as follows:

NPV Formula: NPV = Σ[Ct / (1 + r)^(t)] = 0

Variables:

  • Ct: Cash flow at time t
  • r: XIRR rate (the rate we're trying to find)
  • t: Time period
How to calculate profit percentage in SIP?

To calculate profit percentage in SIP, subtract the total amount invested from the current value of the investment. Then, divide the profit by the total amount invested and multiply by 100. Use the formula:

Profit Percentage=(Current Value−Total InvestmentTotal Investment)×100

What if i invest Rs.2000 in SIP for 40 years.

If you invest Rs 5000 for 20 years, with an expected annual rate of return of 12 %, then your matured amount would be approx Rs. 2,37,64000 (Earned Interest = Rs. 2,28,04,840 and Invested Amount =  Rs. 9,60,000)

What is the minimum and maximum amount that can be invested through SIP?

Investment through SIP can be started with a minimum amount Rs. 500 per month. There is no limit on maximum amount.  

Whayt is the minimum Tenure for SIP?

SIP tenure depends on Mutual Fund scheme. However, most of mutual fund schemes have minimum tenure of 6 months.

Can i pause my SIP Investment?

Yes, you can pause SIP investment whenever you want.

Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

Cleartax is a product by Defmacro Software Pvt. Ltd.

Company PolicyTerms of use

ISO

ISO 27001

Data Center

SSL

SSL Certified Site

128-bit encryption