FREE SIP Calculator: Grow Your Investments Efficiently
What is a SIP Calculator?
A Systematic Investment Plan (SIP) calculator helps you estimate returns on your mutual fund investments made through periodic contributions. It provides a clear understanding of how small investments can grow into significant savings over time.
How Does the SIP Calculator Work?
The SIP calculator uses the following formula:
M = P × [(1 + r)^n – 1] × (1 + r) ÷ r
M = Maturity value
P = SIP amount
r = Monthly interest rate (annual rate ÷ 12)
n = Investment duration (months)
You input the monthly SIP amount, expected return rate, and time horizon to get an estimate.