Details of this tool:
SIP Calculator -(Online Calculator for Systematic Investment Plans)
What does SIP Mainly Mean?
SIP stands for Systematic Investment Plan. There is a huge misconception among people regarding SIP. They generally think that SIP and Mutual Funds are the same. However, the SIP is the term only used for investing a fixed amount of money at a regular interval in various mutual fund schemes offered by several companies to create wealth in the long term.
SIP facilitates you to invest your money on a monthly, quarterly, and yearly basis and reduces the blow of market volatility.
What is a SIP Calculator?
A SIP calculator is a tool mainly used for estimating the future value of the invested amount. It gives a rough idea to calculate the potential investors an estimate on their mutual fund investments in various funds depending on the interest rate offered by relative funds and schemes.
This SIP calculator will help you calculate your total invested amount, expected maturity amount, wealth gain, and expected values in the upcoming years.
But, keep in mind the actual return offered by various mutual fund plans and schemes can differ depending on factors such as expense ratio and entry load and exit load.
How does a SIP calculator function?
Several methods or calculation methodologies can be used to calculate compound interest. Here are the best and most famous formulas we have provided for compound interest calculation.
The Online SIP calculator uses this compound interest formula to estimate your investments' future value.
- FV is the future value of the SIP investments.
- P is the amount invested at each interval (e.g., monthly).
- r is the monthly rate of return (annual rate of return divided by 12).
- n is the total number of investments (payments) made over the period.
What is compound interest?
If we say it briefly, when the interest accumulated up to a point in time is added to the principal amount, and interest is evaluated on this combined amount, that is called, in simple language, compound interest. This online SIP calculator uses the compound interest calculation methodology for the future total value of your long-term investment.
Benefits of this SIP-(Systematic Investment Plan) Calculator?
Here are multiple benefits of this monthly sip calculator with inflation rate.
- This calculator helps you in determining the future valuation of your total investment.
- Calculate the real valuation of your total investment, factoring in the average inflation rate. (The inflation rate fluctuates monthly. As of the current time in 2024 in India, the annual average inflation rate is between 5.5% and 5.69%.)
- You also have the option to adjust the return rate according to your expected annual returns.
- It helps you understand the future valuation of inflation and total nominal returns if you invest for periods of 10, 20, 30, 40, and 50 years.
- This SIP calculator can also be used in various international currencies such as USD, EUR, GBP, AUD, JPY, CAD, CHF, CNY, and SEK.
What is Annual Inflation?
Annual inflation is how much prices go up in one year. If inflation is high, things get more expensive, and your money buys less than before.
Example:- Suppose you can buy a pen this year for ₹10 and the next the price of a pen is ₹12 that's inflation and you have to pay more rupee for a pen than the previous year.
10 Mutual Funds that Have Given High Returns in 2024
Here are the top 10 Mutual funds tables of Large Cap Mutual Funds, Mid Cap Mutual Funds, and Small Cap Mutual Funds with high returns in 2024.
Attention Please! (Every Funds returns rate fluctuates per day when the Stock market opens). Therefore, we keep updating weekly this returns rate data for your information.
Top Large Cap Mutual Funds that Have Given High Returns
Fund name | All-Time Average Returns |
---|---|
Nipon India Large Cap Fund | 16.91% |
ICICI Prudential Bluechip Fund | 16.48% |
Edelweiss Large Cap Fund | 15.5% |
Canara Robeco Bluechip Equity Fund | 16.42% |
Kotak Bluechip Fund | 15.27% |
Baroda BNP Paribas Large Cap Fund | 16.48% |
Aditya Birla Sun Life Frontline Equity Fund | 15.10% |
SBI Bluechip Direct Plan | 15.69% |
Bandhan Nifty 50 Index Fund | 13.41% |
UTI Nifty 50 Index Fund | 13.28% |
ICICI Prudential Nifty 50 Index Direct plan | 13.36% |
SBI Nifty Index Direct Plan | 12.97% |
Grow Nifty Total Market Index Fund | 18.27% |
Navi Nifty 50Index Fund | 13.95% |
Top Mid-Cap Mutual Funds that Have Given High Returns
Fund name | All-Time Average Returns |
---|---|
Quant Mid Cap Fund | 19.65% |
Motilal Oswal Midcap Fund | 23.91% |
Quant Large and Mid Cap Fund | 20.48% |
HDFC Mid Cap Opportunities Direct Plan | 21.52% |
Nippon India Growth-Fund | 18.64% |
SBI Magnum Mid Cap | 20.13% |
Kotak Emerging Equity Fund | 20.70% |
Kotak Equity Opportunities Fund | 17.72% |
Axis Midcap Direct Plan | 19.51% |
Mirae Asset Large & Midcap Fund | 22.78% |
Top 10 Small Cap Mutual Funds that Have Given High Returns
Fund Name | 1 Year Return | 3 Years Returns | 5 Years Returns | Average Returns |
---|---|---|---|---|
Quant Infrastructure Fund Direct-Growth | 70% - 85% | 40% - 42% | 35% - 36% | 20%+ |
Quant Small Cap Fund Direct Plan-Growth | 70% - 75% | 40% - 43% | 35% - 37% | 19.20% -20%+ |
Aditya Birla Sun Life PSU Equity | 90% - 100+% | 40% - 41% | Nil, not 5 years completed | 34%+ |
Quant Mid Cap Fund Direct-Growth | 60% - 65% | 37% - 42% | 33% - 36% | 19.91% |
SIB PSU Direct Plan-Growth | 90% - 100+% | 37% - 40% | 26% - 27% | 12.50% |
ICICI Prudential BHARAT 22 FOF Direct-Growth | 74% - 78% | 38% - 40% | 23% - 25% | 21.38% |
ICICI Prudential Infrastructure Direct-Growth | 64% - 78% | 38% - 40% | 29% - 30% | 17.82% |
Invesco India PSU Equity Fund Direct-Growth | 90% - 95+% | 35% - 37% | 30% - 32% | 17.92% |
Nippon India Small Cap Fund Direct-Growth | 57% - 60% | 36% - 38% | 31% - 32% | 27.04% |
HSBC Small Cap Fund Direct Plan-Growth | 53% - 55% | 35% - 37% | 26% - 27% | 22%+ |
Conclusion:
This online SIP calculator helps you to analyze the future valuation of your investment and helps you to plan a goal for long-term wealth in the future or any other financial planning, like Education, Home, and more.
SIP calculator helps you to make data-driven decisions and eliminate the guesswork for estimating the future value of your invested amount.
Please comment below if you have any queries or questions about this, advanced sip calculator.
Disclaimer:
We are not providing any financial advice or investment, it is only one systematic investment calculator tool for educational purposes.
Frequently Asked Questions?
Can I start an SIP investment with ₹100?
You can start with the minimum amount of SIP of ₹100, in various Mutual Funds.
How much is 5000 for 5 years in SIP?
If you are planning for SIP investment from ₹5,000/month for five years and assuming an average return rate of 15%, then the total nominal return will be: ₹1,48,408.45
Future Value (Nominal): ₹4,48,408.45
Future value with 3.5% Inflation (Real): ₹3,76,515.51
How much is 4000 per month in SIP for 10 years?
If you invest ₹4,000/month for 10 years and assume an average return rate of 14%, then the total nominal return will be): ₹5,68,365.53
Inflation of 10 Years (Real): ₹2,59,147.15
Future Value (Nominal): ₹10,48,365.53
Future Value with 3.5% Inflation (Real): ₹7,39,147.15
Is SIP risk-free?
If we say in brief, It is a low-risk investment system (method).
Is SIP 100% safe?
No, It is not entirely risk-free, but you can expect low risk in the long run.