SIP Calculator – Systematic Investment Plan Calculator

Planning your investments involves extensive research and eventually a decision to choose the right product for you. Mutual funds attract more investors because the estimated returns will help create wealth and keep living life lavishly. It very well could be the mutual fund scheme whose expected returns pay for your vacation home in 5 years.

Investing in mutual funds has two approaches- you can pay a lump sum amount at one-go, or invest periodically. With a Systematic Investment Plan (SIP), you can choose a fixed amount at pre-defined intervals. These payment intervals are generally on the same date each month. You can choose how much your monthly SIP amount will be; with digibank by DBS, you can start with as low as Rs. 500. There is no maximum limit to how much you can invest in mutual funds through SIPs.

We know that zeroing in on the right mutual funds is part of your investment strategy. The next step is to calculate the estimated returns. Even if you have taken the SIP route, an online SIP return calculator helps figure out future profits. Be it a Fortune 500 company’s CEO who invests Rs. 1,00,000 monthly or a college professor who invests 20% of their quarterly paycheque towards an SIP, an SIP Calculator helps every investor know their estimated returns.

Whatever your investment goal is — ensuring a financial safety net for old age, planning your future dream holiday with the returns, or other goals — a Systematic Investment Plan calculator will be of enormous help.

Choose from over 200 mutual fund schemes and start your SIP seamlessly with digibank by DBS.

What is an SIP Calculator?

Simply put, an SIP Calculator gives you an idea on what returns you can expect on your mutual fund investments. The maturity amount is based on your SIP, the expected annual rate of return, and SIP tenure.

Simply put, an SIP Calculator gives you an idea on what returns you can expect on your mutual fund investments. The maturity amount is based on your SIP, the expected annual rate of return, and SIP tenure.

However, it doesn’t consider any fee you need to pay to maintain your investment or exit a mutual fund before maturity. Also, remember that an SIP Calculator gives you an ‘estimated’ returns. It cannot predict or take into account any external factors such as market volatilities or regulatory changes.

So, let’s get to the crux of the matter, shall we? Here is the formula to calculate SIP: M = P × ({[1 + i]n – 1} / i) × (1 + i),

In the formula, ‘M’ is the amount you receive upon maturity; P’ is the amount you invest periodically; ‘n’ is the number of payments you have made so far; ‘I’ is the expected periodic rate of interest.