# SIP Calculator

Monthly SIP Amount
SIP Period
years
Expected Return Rate (p.a)
%
 Wealth Gained: 0 Invested Amount: 0 Total Wealth : 0

## Top Equity Fund

Mutual Funds5 Yr Returns3 Yr ReturnsMin. InvestmentRatingInvest
0.00% 0.00% -- NA

## Top Debt Fund

Mutual Funds5 Yr Returns3 Yr ReturnsMin. InvestmentRatingInvest
0.00% 0.00% -- NA

## HOW TO USE THIS SIP CALCULATOR

Use the button for selecting the SIP and lumpsum investment
Use the slider for selecting investment amount
Select the tenure in years or months using slider
Use the slider for selecting expected rate of Interest
Recalculate your SIP by changing the input sliders

## What is SIP Calculator?

SIP calculator is a simulation, which allows you to estimate the return on mutual fund investments made through SIP. Investing through SIPs in mutual funds is a popular investment option for millennials. SIP calculators are designed to give potential investors a heads up on their mutual fund investments. However, the actual return from the mutual fund scheme varies depending on several factors. The SIP calculator does not account for the exit load and expense ratio (if any). It is an online tool to calculate the SIP amount to achieve your financial goals, based on an expected annual return.

## How does SIP Calculator work?

A SIP plan calculator works by the values entered by the users.
You must enter the amount of investment, frequency of investment, duration of investment, and the expected returns. The SIP return calculator is designed based on the compound interest formula. The compounded interest powers the mutual fund returns. ClearTax SIP Calculator shows the comparison of the returns offered by mutual funds with fixed deposits.
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.
P = Amount you invest through SIP
i = Compounded rate of return
n = Investment duration in months
r = Expected rate of return
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).
You have i = r/100/12 or 0.01.
FV = 2000 * [(1+0.01) ^24 - 1] * (1+0.01)/0.01
You get Rs 54,486 at maturity.

## How to Use the ClearTax SIP(Systematic Investment Plan) Calculator?

The ClearTax SIP Calculator shows you the value of your investment after a certain number of years. You have to enter the amount you intend to invest as a SIP instalment. You may consider filling up the expected rate of return and the period you plan to invest in the SIP. The ClearTax SIP Calculator shows you the value of the investment at the end of the SIP tenure. You may enter different SIP instalments in the calculator to calculate the maturity value of your investment. You could also use the ClearTax SIP Calculator to select your SIP instalments depending on your financial goals.

Is ClearTax SIP Calculator easy to use?

Well, you could use the ClearTax SIP Calculator from the comfort of your home or anywhere. It helps you calculate the value of your SIP instalments at the end of the SIP tenure. You may consider using the ClearTax SIP Calculator to determine if your mutual fund investments could offer an inflation-beating return. You may consider using the ClearTax SIP Calculator to estimate the value of SIP instalments at the end of the investment period. You could align your mutual fund investments to match your risk tolerance and achieve your investment objectives.

Why does ClearTax SIP Calculator ask for the investment duration for SIP?

You may consider entering the investment duration of your SIP in years, in the ClearTax SIP Calculator. The calculator will display the value of your investment at the end of the SIP tenure. You must enter both the SIP instalments and the duration of the investment, for the ClearTax SIP Calculator to show you the maturity value of your investment. SIP investors invest a fixed amount (SIP instalments) at regular intervals over a period called investment duration. The ClearTax SIP Calculator shows the value of the investment at the end of the SIP tenure. You must enter the investment duration of SIP so that the calculator can show you the value of your investment over some time. You could choose an investment duration in-line with the time you expect to achieve your financial objectives.

Are SIPs mutual funds?

You may consider entering the expected annual return from SIP instalments in the ClearTax SIP Calculator. The calculator will show you the value of your investment at the end of the SIP tenure, based on the expected annual return from the investment. For example, if you enter a higher expected annual return, you could achieve your financial goals with a lower investment duration. You could enter a higher expected annual return if you intend to attain financial goals sooner than expected. However, it would be better to enter a reasonable expected annual return in the ClearTax SIP Calculator. It gives a true picture of the time you have to achieve your investment objectives.

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. All you must do is enter the SIP instalment, investment duration, and the expected annual rate of return. The calculator will display the value of your investment at the end of the SIP 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.

How can the ClearTax SIP Calculator help me achieve my financial goals?

You may consider picking a mutual fund scheme based on your risk tolerance. You then decide on an ideal investment duration to achieve your financial goals. For example, you may select a 15-year investment duration if you are investing for your children’s higher education. You could choose a SIP instalment amount you are comfortable with. You may consider entering different annual expected returns in the ClearTax SIP Calculator. It shows you the investment value at the end of the SIP tenure, based on your SIP instalments and expected return on investment.

## HOW TO USE THIS SIP CALCULATOR

Use the button for selecting the SIP and lumpsum investment
Use the slider for selecting investment amount
Select the tenure in years or months using slider
Use the slider for selecting expected rate of Interest
Recalculate your SIP by changing the input sliders

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