SIP Calculator - Calculate your returns on SIP Investments

SIP Calculator - Calculate your Returns on Mutual Fund Investments Online

SIP calculator is a simulation, which allows individuals to estimate the return on their mutual fund investments made through SIP

Systematic Investment Plan (SIP) – Best way to invest
Invest in small amounts regularly
Opt for monthly auto-payment
No worries about market ups & downs
Plan budget and expenses better
14 %
What is the meaning of 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.

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).

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. ClearTax SIP Calculator shows the comparison of the returns offered by mutual funds with fixed deposits.

How to use ClearTax systematic investment plan calculator?

Using ClearTax systematic investment plan calculator is simple and straight forward. To get an estimation of the return on mutual fund investments made through SIPs, the users need to do the following:

  • - Select the frequency of your SIP
  • - Enter the amount you would like to invest in each SIP
  • - Enter the duration of your SIP
  • - Enter the expected rate of return

The SIP calculator displays the amount accumulated at the end of your SIP tenure. There is a comparison of the sum accumulated by your mutual fund investment with fixed deposits.

Advantages of SIP Calculator

The advantages of the SIP Calculator are as follows:

  • - SIP calculator allows individuals to get an estimation of the amount that their mutual fund investment would accumulate at the end of their SIP tenure
  • - With an estimate in hand, individuals can plan their finances better
  • - Estimation of their investment value allows individuals to choose the right mutual fund scheme
Which are the Best SIP funds to invest in 2019?
The Best SIP equity funds to invest in 2019 are:
Fund Name3-Year ReturnsLink
Axis Bluechip Fund16.96%INVEST NOW
SBI Magnum Multicap Fund12.83%INVEST NOW
Mirae Asset Large Cap Fund12.51%INVEST NOW
ICICI Prudential Bluechip Fund12.37%INVEST NOW
SBI Bluechip Fund11.41%INVEST NOW
The Best SIP debt funds to invest in 2019 are:
Fund Name3-Year ReturnsLink
Aditya Birla Sun Life Savings Fund7.83%INVEST NOW
HDFC Short Term Debt Fund7.83%INVEST NOW
Nippon India Low Duration Fund7.06%INVEST NOW
Aditya Birla Sun Life Credit Risk Fund6.75%INVEST NOW
L&T Low Duration Fund6.74%INVEST NOW