What is SIP Calculator?
Systematic Investment Plan (SIP) is a type of investment scheme offered by mutual fund companies. You can invest a small amount from time to time (weekly, monthly, quarterly) in a selected mutual fund using SIP.
For retail investors, SIP provides a well-disciplined and passive approach to investing, to create wealth over the long term (using the power of compounding). Since the amount is invested at regular intervals (usually on a monthly basis), it also reduces the effect of market volatility.
This calculator helps you calculate the money gains and expected returns for your monthly SIP investment. You get a rough estimate on the maturity amount for any monthly SIP based on the estimated monthly return rate.