ToolPyramid
About
Online SIP calculator is a Free SIP (Systematic Investment plan ) Calculator tool which can calculate the return from a monthly investment . Rough estimates of maturity amount can be calculated with this tool . This tool also provide a maturity amount for Lump-sum amount invested for a number of years .
How to use
To use sip calculator you need to enter three values basically, your monthly investment amount ( Min 500 Rs ). expected return rate and time for investment then proceed to calculate
How to Video
FAQ ( Frequently Asked Questions )
What is SIP?
SIP is Systematic Invest Plan which means one needs to invest monthly , weekly or yearly or can say systematically some where most commonly Mutual Fund .
What are the benefits of investing in SIP?
There are many benefits of investing in SIP
- It creates a saving habit . And as we all know for a salaried person making a habit of saving is very important
- It provides the averaging of the asset value we are purchasing (LIKE NAV of mutual Fund ) which in long terms would be really beneficial
How long should I invest in SIP?
There is not a fix limit for that but usually 10-15 year investment plans yields really good results . However It can be done from a period of a month to as long as you wish to continue .
What is SIP Calculator?
SIP Calculator is a tool that provides the Maturity Amount at the completion of the SIP . It can be used to create Financial goals Like Buying a Car , Buying a House , Child’s Marriage or Building Wealth
What is SIP Calculator?
SIP Calculator is a tool that provides the Maturity Amount at the completion of the SIP . It can be used to create Financial goals Like Buying a Car , Buying a House , Child’s Marriage or Building Wealth
How does SIP Calculator work?
There are three variables to the calculator -
- Time :- It is the Time for which SIP needs to be Made
- Rate Of Interest :- It is the expected Rate of Interest Per annum
- Monthly Amount :- It is the monthly invested earning amount
How to Use SIP Calculator ?
To use sip calculator you need to enter three values basically, your monthly investment amount ( Min 500 Rs ). expected return rate and time for investment then proceed to calculate
Are SIPs tax free?
SIP can be tax free and can help you save 1.50 lakh if the chosen scheme type is from ELSS. Otherwise tax saving is not possible.
Are SIPs similar to mutual funds?
SIP are a part of mutual funds . Its is scheme through which you can invest in them in a systematic manner
How much can I invest in a SIP?
As much amount as you want . but if your objective is tax saving through ELSS then 1.50 lakh is good for you . otherwise no limit