Monthly SIP Amount is
An SIP calculator helps you estimate the expected returns that you can accumulate over time. Many parameters, like absolute returns, trailing returns, rolling returns, etc., are to be considered while estimating the future returns of mutual funds, and manual calculations might be subject to errors. The algorithm of an SIP calculator takes into account all such possible parameters and predicts the estimated return as accurately as possible. This way, you can also compare the returns of different mutual funds to decide the best investment option.
A mutual fund return calculator calculates the rate of return on a mutual fund investment based on the changes in the fund’s NAV(Net Asset Value) over a specified period of time. The user inputs the initial investment amount, rate of return, and period of investment, and the calculator then estimates the overall return on the investment. The return can also be annualised to give the average return over a specified period of time, such as one year.
Please note that the SIP returns calculator is just an estimate tool; actual returns may vary, subject to market conditions.
The above is for illustration purpose only.The SIP amount, tenure of SIP, expected rate of return are assumed figures for the purpose of explaining the concept of advantages of SIP investments. The actual result may vary from depicted results depending on scheme selected. It should not be construed to be indicative of scheme performance in any manner. Past performance may or may not be sustained in future. The information/data herein alone is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. The AMC and its associates do not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers/ Viewers shall be fully responsible/liable for any decision taken on the basis of tool. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.