SIP Calculator

How SIP Calculators Help You to Calculate Different Types of SIP Returns?

SIP calculators use the compound interest formula. It considers various factors such as the investment amount, the frequency, the tenure, the expected rate of return, and the inflation rate. Depending on your investment objective and preference, you can use different Systematic Investment Plan Calculators to estimate your future value and earnings from your SIP investments. The SIP Calculator Formula is

M = P [(1 + i)^n – 1] x (1+i)/ i

Some real-life examples of how these calculators helps you:

1. SIP Return Calculator

Suppose you want to invest Rs. 10,000 per month for 10 years in a mutual fund scheme that offers an expected annual return of 15%. You can use a SIP return calculator to find out how much your investment will be worth at the end of 10 years. The formula for calculating the future value of SIP is:

M = P [(1 + i)^n – 1] x (1+i)/ i

Where M is the maturity amount
P is the monthly investment amount
i is the periodic interest rate (15%/12 = 0.0125)
n is the number of payments (10 x 12 = 120).

Using this formula, we get:

M = 10,000 [(1 + 0.0125)^120 - 1] x (1 + 0.0125) / 0.0125
M = Rs. 27,86,573

This means your investment of Rs. 12 lakhs will grow to Rs. 27.86 lakhs in 10 years at a 15% annual return.

2. SIP Top-up Calculator

Suppose you want to invest Rs. 5,000 per month for 15 years in a mutual fund scheme with an expected annual return of 12%. However, you also want to increase your SIP amount by 10% yearly to match your income growth. You can use a SIP top-up calculator to find out how much your investment will be worth at the end of 15 years. The formula for calculating the future value of SIP with top-up is:

M = P [(1 + i)^n – (1+r)^n] x (1+i)/[ i-r]

Where M is the maturity amount
P is the initial monthly investment amount
i is the periodic interest rate (12%/12 = 0.01)
r is the periodic top-up rate (10%/12 = 0.0083)
n is the number of payments (15 x 12 = 180).

Using this formula, we get:

M = 5,000 [(1 + 0.01)^180 - (1 + 0.0083)^180] x (1 + 0.01) / [0.01 - 0.0083]
M = Rs. 50,72,674

This means that your investment of Rs. 19.35 lakh will grow to Rs. 50.72 lakhs in 15 years at a 12% annual return with a 10% top-up.

3. SIP Goal Calculator

Suppose you want to invest in a mutual fund scheme that can help you achieve your financial goal of buying a car worth Rs. 10 lakhs after 5 years. You can use a SIP Goal calculator to determine your monthly investment to reach your goal. The formula for calculating the required SIP amount is:

M = m x i / [ (1+i)^n - 1 ]

Where P is the required monthly investment amount
M is the target amount
i is the periodic interest rate (assume 10%/12 = 0.0083)
n is the number of payments (5 x 12 = 60).

Using this formula, we get:

P = 10,00,000 x 0.0083 / [(1 + 0.0083)^60 - 1]
P = Rs.13,181

This means you need to invest Rs.13,181 per month for 5 years in a mutual fund scheme offering a 10% annual return to buy a car worth Rs.10 lakh.

Benefits of Using a Systematic Investment Plan Calculator

• Helps you plan your investments: SIP calculators can help you plan your investments by estimating expected returns based on your investment amount and tenure. This can help you set realistic investment goals and plan your finances accordingly.
• Saves time and effort: These calculators save you time and effort by eliminating the need for manual calculations. With just a few inputs, you can estimate your expected returns, saving you time and effort in the long run.
• Offers flexibility: It offers flexibility by allowing you to adjust your investment amount, duration, and expected rate of return. This can help you make informed decisions about your investment strategy and adjust your plan as needed.
• Helps you compare investment options: With a SIP calculator, you can compare different investment options and choose the one that offers the best returns. This can help you decide where to invest your money and maximize your returns.
• Provides clarity: It provides clarity by clearly understanding the expected returns on your investments. This can help you make informed decisions about your investments and avoid any unpleasant surprises down the road.

Overall, using a SIP Mutual Fund calculator can help you plan your investments, save time and effort, offer flexibility, compare investment options, and provide clarity. Therefore, it is a valuable tool for any investor looking to make informed investment decisions.

Overview of Samco SIP Calculator

Samco SIP Calculator is an online tool that helps you calculate the returns on your mutual fund investments made through Systematic Investment Plan (SIP). Samco SIP Calculator allows you to estimate the future value of your SIP investment based on the monthly investment amount, the expected rate of return, and the investment tenure. You can also compare different mutual fund schemes and their performance using this calculator.

Some of the features and benefits of the Samco Systematic Investment Plan Calculator are:

• It allows you to enter your monthly investment amount, expected rate of return, and investment duration to estimate the future value of your SIP.
• It helps you to see the difference in returns and maturity values for different types of SIPs, such as regular SIP, top-up SIP, flexible SIP, perpetual SIP, and trigger SIP.
• It shows you a graphical representation of your SIP growth over time, as well as a detailed table of your monthly investments and returns.
• It provides you with useful tips and insights on how to optimize your SIP portfolio and achieve your financial goals.
• It helps you to save tax by showing you the tax benefits of investing in SIPs under Section 80C of the Income Tax Act.
• It is free, easy to use, and accessible online

Samco SIP Calculator is a user-friendly and reliable tool that can help you make informed decisions about your mutual fund investments. You can find this calculator online on Samco's website or app.

How to Use Samco SIP Calculator?

To use Samco SIP Mutual Fund Calculator, you need to follow these simple steps:

• Visit Samco's website or app and go to the Calculator section.
• Enter the monthly investment amount or the target amount that you want to achieve through your SIP investment.
• Enter the investment duration in years or months.
• Enter the expected rate of return on your SIP investment. You can also use the slider to adjust the rate of return.
• Click on the Calculate button to see the results.

The results will show you the total invested amount, the total maturity amount, and the total gains on your SIP investment. Using the Samco Systematic Investment Plan Calculator, you can compare different mutual fund schemes and their performance using the Compare Funds option.

Conclusion

Investing in the stock market can be intimidating, especially for beginners who are just starting out. But with the help of a SIP calculator, the process can be made simpler and more manageable. We've covered the fundamentals of what a SIP calculator is, how it works, and how to utilize it to your benefit in our beginner's introduction to investing. By using this calculator, you can get a better understanding of your investment goals and how to achieve them. It provides you with a potential return on investment over time while taking into consideration variables like your investment amount, expected returns, and investment horizon. This can help you make informed decisions about where to invest your money and how much to invest.

So, if you're ready to start investing in the stock market but don't know where to begin, take advantage of the power of a SIP. And when you're prepared to invest, think about utilizing Samco to make stock market investments. You may begin your investing adventure with confidence thanks to their user-friendly website and affordable costs.