Mutual Fund SIP Calculator – Pricemint SIP return calculator is an online tool that helps you estimate the returns you can expect from your Systematic Investment Plan (SIP) investments in mutual funds.
The calculator works by allowing investors to input variables such as the investment amount, the expected rate of return, and the tenure of the investment. It then provides an estimate of the potential returns the investor can expect over the given period. This tool helps investors make informed decisions about their investments and assists in developing an investment strategy that matches their financial goals.
It is also user-friendly and accessible, allowing investors of all levels of expertise to use it effectively. It is a powerful tool for identifying potential investment opportunities and can assist investors in achieving long-term financial success.
Formula to Calculate
The formula to calculate SIP (Systematic Investment Plan) returns is as follows:
FV = P × (((1 + r/n)^(n*t) – 1) / (r/n))
where, FV = Future Value of the SIP investment P = SIP amount (per installment) r = Rate of interest (in decimal) n = Number of times interest is compounded in a year t = Investment tenure (in years)
This formula helps you calculate the future value of your SIP investment based on the amount you invest per installment, the rate of interest, and the investment tenure.