Plan your wealth creation with our SIP Calculator. Input your monthly investment, expected return rate, and tenure to get detailed insights into your total returns, invested amount, and growth table – created by Mr. Dhananjoy Ghosh.
What is SIP?
SIP (Systematic Investment Plan) allows you to invest a fixed amount regularly in mutual funds, typically monthly.
How are SIP returns calculated?
SIP returns are calculated using the future value of a series formula: FV = P × (((1 + r)^n - 1) / r) × (1 + r), where P is the monthly investment, r is the monthly rate, and n is the number of months.
What’s the growth table?
It’s a table showing the invested amount, returns, and total value year by year.
Can I use this for any mutual fund?
Yes, this calculator provides an estimate based on the expected return rate you input.
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