A SIP calculator is a free online tool that helps you estimate the returns on your mutual fund SIP investments. Enter your monthly investment, expected return rate, and time period to instantly see your invested amount, estimated returns, and total value at maturity.
M = P × ({[1 + i]^n – 1} / i) × (1 + i)
Where:
M = Maturity amount
P = Monthly investment
n = Number of months
i = Monthly interest rate (annual rate / 12 / 100)
Try our SIP calculator now and plan your wealth creation journey!