A SIP Calculator is an online tool provided by financial institutions and mutual fund houses to help investors estimate the potential returns on their SIP investments. It takes into account various parameters, including the investment amount, investment frequency, expected rate of return, and the investment tenure.
How to Use the SIP Calculator:
Investment Amount: Enter the amount you are willing to invest monthly in the SIP.
Investment Frequency: Choose the frequency of your investments (usually monthly).
Expected Rate of Return: Input the expected rate of return based on historical performance or expert advice.
Investment Tenure: Specify the duration for which you plan to continue the SIP investments.
A SIP Calculator is an online tool provided by financial institutions and mutual fund houses to help investors estimate the potential returns on their SIP investments. It takes into account various parameters, including the investment amount, investment frequency, expected rate of return, and the investment tenure.
How to Use the SIP Calculator:
Investment Amount: Enter the amount you are willing to invest monthly in the SIP.
Investment Frequency: Choose the frequency of your investments (usually monthly).
Expected Rate of Return: Input the expected rate of return based on historical performance or expert advice.
Investment Tenure: Specify the duration for which you plan to continue the SIP investments.
