SIP Returns Calculator
What is SIP Returns Calculator?
SIP Returns Calculator is an online tool that helps investors calculate the returns on their Systematic Investment Plan (SIP) investments. SIP is a popular investment option that allows investors to invest a fixed amount at regular intervals, such as monthly, quarterly, or yearly. The calculator uses the monthly SIP amount, expected rate of return per year, and the total number of years invested to calculate the invested amount, total profit, and total returns.
How to use SIP Returns Calculator?
- Open the SIP Returns Calculator on your web browser.
- Enter the monthly SIP amount that you want to invest in the "Monthly SIP Amount" field.
- Enter the expected rate of return per year in the "Expected Rate of Return per Year (%)" field. This can be the expected average annual return on your investment over the investment period.
- Enter the total number of years you want to invest in the "Total Number of Years Invested" field.
- Click on the "Calculate Returns" button to calculate the invested amount, total profit, and total returns.
- Terms used in SIP Returns Calculator
- Monthly SIP Amount
- This is the fixed amount that you want to invest on a monthly basis. It can be any amount that you are comfortable investing regularly.
Expected Rate of Return per Year
This is the expected average annual return on your investment over the investment period. It is usually expressed in percentage (%). This is an important parameter, as the higher the expected rate of return, the higher will be the total returns on your investment.
Total Number of Years Invested
This is the total number of years you want to invest in the SIP. It is usually expressed in years.
Invested Amount
This is the total amount that you would have invested at the end of the investment period, considering the monthly SIP amount and the investment period.
Total Returns
This is the total amount that you would have earned at the end of the investment period, considering the monthly SIP amount, expected rate of return, and investment period.
Total Profit
This is the total amount of profit you would have earned at the end of the investment period, considering the monthly SIP amount, expected rate of return, and investment period. This is calculated by subtracting the invested amount from the total returns.
By using the SIP Returns Calculator, you can get an idea of how much returns you can expect on your investment over the investment period, and plan your investments accordingly.
