SIP Calculator
Total Investment
₹0.00
Estimated Returns
₹0.00
Total Future Value
₹0.00
Total Investment: This is the total amount you will invest over the investment period.
Estimated Returns: This is the profit you will earn from your investment.
Total Future Value: This is the total value of your investment after the investment period, including both your investment and returns.
How It Works
The SIP Calculator uses the following formula to calculate the future value of your investments:
Future Value = P × [(1 + r)^n - 1] / r × (1 + r)
Where:
- P = Monthly Investment Amount
- r = Monthly Rate of Return (Annual Return / 12 / 100)
- n = Total Number of Months (Investment Duration × 12)
How to Use This Tool
1. Enter your monthly investment amount in ₹.
2. Enter the expected annual return rate in %.
3. Enter the investment duration in years.
4. Click the "Calculate" button to see the results.
FAQs
What is a SIP Calculator?
A SIP Calculator helps you estimate the future value of your investments based on regular monthly contributions, expected returns, and investment duration.
How is the future value calculated?
The future value is calculated using the formula for compound interest, taking into account monthly contributions and the expected annual return rate.
Is this tool free to use?
Yes, this tool is completely free to use.
Can I use this tool on mobile devices?
Yes, this tool is fully responsive and works on all devices, including mobile phones and tablets.