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SIP Calculator
SIP CALCULATOR: Systematic Investment Plan Calculator
A SIP calculator is a calculator that gives an estimate of returns provided by investment made through systematic investment plans. It is a regular investment made into mutual funds or any other investment instrument.
Key Features:
It calculates the future value of investments based on their monthly contributions, expected rate of return, and duration.
Shows wealth made and the sum invested.
Useful for long-term planning of financial goals such as education, retirement, or buying assets.
SIP Formula for Future Value
Formula for SIP Future Value Calculation:
FV=P×(1+r)n−1r×(1+r)FV = P \times \frac{(1 + r)^n - 1}{r} \times (1 + r)FV=P×r(1+r)n−1×(1+r)
Where:
- P = Monthly investment amount
- r = Monthly rate of return (Annual return/12/100)
- n = Total number of months
Benefits:
Simplifies investment planning.
Encourages disciplined saving habits.
For Gratuity Calculator : Click Here
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