SIP or you can say “Systematic Investment Plan”. Many are still not aware of or heard the word so we are here to talk about the SIP calculator, axis bluechip sip calculator, equity sip calculator, bpi sip calculator, sip calculator mirae asset, sip digest calculator online, etc.

Basically, in India, Mutual Funds offer such schemes as per the requirements of the common people. You can start investing from a small amount and also select the period to deduct it, either weekly, monthly or quarterly.

If you are a retail investor, you can invest in SIP for long term utilizing compounding power. As it is invested on a monthly basis, there is less influence of market unpredictability.

With the help of the SIP Calculator, you can easily calculate the income gained and the returns on the monthly investment. A rough estimation on the amount of maturity for monthly investment which will be in the light of a projected yearly return rate.

What are the benefits of investment in SIP

• There is no need to assume or point on measuring the market because this might not be the correct way to consider the returns in the long term.
• The investment is on monthly terms and so less effect of market volatility.
• Automated and Passive investments are deducted automatically which makes you also dedicated to guaranteed investment or saving.
• The most important one SIP is flexible, easily can be created or updated or cancelled anytime. You can start investing by adding a low amount, say Rs. 500 in a month. 

There are usually several sites for you to select the SIP Mutual Fund. Before investing you can also check what returns you will receive by checking on the SIP Calculator.

Here is a list for you to get the rough estimation.

1. Mutual Fund SIP calculator
2. SIP building cost calculator the UK
3. Axis Bluechip SIP calculator
4. SIP calculator Mirae asset
5. SIP digest calculator online
6. SIP calculator SBI multicap fund
7. BPI SIP calculator
8. Franklin’s Templeton SIP return calculator
9. Groww SIP calculator

How the SIP calculator helps:

The calculator will be available to users in online mode.  They just need to enter the monthly investment, the return rate and the time period in the specified fields. You can enter the time period like 10 years or 20 years on the calculator to check the expected returns.

• Determine how much you wish to invest
• How much you invested
• The estimated return value on investment is determined.

M=P × ({[1 + i]n – 1}/) × (1 + i) using this formula normally you can get the maturity amount approximately. But as we are moving ahead we get greater facilities online, simply entering the values at the specified fields.

Suppose, you want to invest Rs. 10,000 with a 12% return rate for 20 years then the estimated return Rs. 75,91,479.

How many types of SIP are available 

i) Step up or Top-up: You can increase the amount automatically on the investment at any time period.

ii) Trigger: At a certain index level, date, event or NAV you can start investing in this SIP.

iii) Perpetual: There is no ending date or time of investment in Perpetual SIP.

iv) Flexible: Change the amount by selecting the Flexible SIP in the investment.

Conclusion:

If you are interested in investing then check the amount by using the SIP calculator. You will get the expected returns. In SIP you do not have the expiry date and can start investing by adding a small amount to it.

This article is not advertising SIP calculators. Our purpose is only to make you aware of the calculators which are available for users who want to try their hand on SIP.