What is SIP?

A Systematic Investment Plan (SIP) is a disciplined approach to investing where an investor decides on an investment frequency, and invests that amount in the said frequency on financial instruments like Stocks or mutual funds until maturity.

Most generally it is done with Mutual Funds. But with stocks, it is equally beneficial.

How Does Our Calculator Work?

Our SIP calculator makes it easy to see how much money is receivable on an investment’s maturity and the estimated profit on that investment.

1. Enter your Monthly investment and Investment period in years (How long you wish to invest)

2. Enter the estimated return rate, as per your SIP scheme.

3. You will now see receivable amount in maturity and the estimated profit.

The formula behind the calculator:

M = P × ({[1 + i]^n – 1} / i) × (1 + i).

Where:
M is the amount you receive upon maturity.
P is the amount you invest at regular intervals.
n is the number of payments you have made.
i is the periodic rate of interest.