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SIP Calculator is a FREE app that contains all the financial and mutual fund calculators in it. SIP Calculator helps you calculate the wealth gain and expected returns for your monthly SIP (Systematic Investment Plan). You can plan your long term financial goal like buying house, car etc. by getting an estimate on the maturity amount for your monthly SIP.

What is SIP?

SIP stands for Systematic Investment Plan. Using SIP, one can invest small amounts periodically (weekly, monthly, quarterly) into a selected mutual fund. For investors (especially salaried), SIP offers a well-disciplined approach to investing and to create wealth in the long term using the power of compounding.

How does it work?

1. Enter the amount you wish to invest every month in a SIP (Systematic Investment Plan)

2. Choose the number of years (Tenure) you wish to continue the investment for.

That simple!

SIP calculator will automatically calculate the amount of ROI (Return on Investment) and Maturity Value. SIP returns are calculated according to compound interest.

Example:

Monthly SIP Amount: 5,000

Tenure (Years): 20

Rate of Return (%): 15.0%

Investment Amount: 12,00,000

Return on Investment Amount: 63,79,775

Maturity Value: 75,79,775

Advantages of SIP

1)A Disciplined Approach to Investing

SIP offers a well-disciplined approach to creating wealth for the long term. It helps you develop a habit of saving. Since the amount invested through SIP is on a regular interval (usually on a monthly basis), it also reduces the impact of market volatility. If you are new to investing, an automated SIP is a great way to begin.

2)Take Advantage of Rupee Cost Averaging

Since the amount invested is constant, one buys more units when the price is low and fewer units when the price is high. This means that the average cost is lower.

3)Higher Returns

The key to growing your wealth is to start early and make regular investments. With SIPs, the minimum amount required to start an investment is very low, making it easy to start investing right away. A SIP of Rs. 5000 for 20 years can give you returns more than Rs 75 Lakhs.

You can use the SIP Calculator app for the following:

SIP Calculator

Mutual Funds Return Calculator (Lumpsum)

Recurring Deposit Calculator

Reverse SIP calculator

Step up Calculator

National Pension Scheme (NPS) Calculator

Sukanya Samridhi Yojana (SSY) Calculator

Systematic Withdrawal Plan (SWP) Calculator

Public Provident Fund (PPF) Calculator

National Saving Scheme (NSC) Calculator

What are the different mutual funds in India which offer SIP investments?

There are more than 35 mutual fund houses (AMCs) which allow investments in SIP. Few of them are listed below:

SBI Mutual Fund

HDFC Mutual Fund

Reliance Mutual Fund

Franklin Mutual Fund

DSP BlackRock Mutual Fund

Birla Mutual Fund

Axis Mutual Fund

IDFC Mutual Fund

Kotak Mutual Fund

L&T Mutual Fund

Mirae Mutual Fund

Invesco Mutual Fund

Principal Mutual Fund

Sundaram Mutual Fund

Tata Mutual Fund

UTI Mutual Fund

Full Specifications

What's new in version 1.0

General

Release May 11, 2020
Date Added May 11, 2020
Version 1.0

Operating Systems

Operating Systems Android
Additional Requirements Requires Android 4.2 and up

Popularity

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