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 .
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
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 .
There are many benefits of investing 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 .
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
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
There are three variables to the 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
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.
SIP are a part of mutual funds . Its is scheme through which you can invest in them in a systematic manner
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