What This Calculator Does
Calculate future value of systematic investment plans (SIP) in mutual funds.
How to Use This Calculator
- Enter Monthly SIP Amount (₹)
- Enter Expected Return Rate (% p.a.)
- Enter Investment Tenure (Years)
- Click Calculate SIP
Formula & Calculation Methodology
FV = P * [((1+i)^n - 1) / i] * (1+i)
Worked Example
SIP ₹5,000/mo at 12% for 10 yrs => Invested: ₹6 Lakhs, Returns: ₹5.61 Lakhs, Total Wealth: ₹11.61 Lakhs.
In-Depth Guide & Practical Tips
Systematic Investment Plans (SIP) leverage rupee cost averaging and power of compounding.
Frequently Asked Questions (FAQ)
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