SIP Calculator
Project the compound growth of your Mutual Fund Systematic Investment Plans.
Projections
Mutual Fund Systematic Investment Plan (SIP) Compound Returns Guide
A Systematic Investment Plan (SIP) is an investment vehicle that allows you to contribute a fixed sum of money regularly (monthly or quarterly) into mutual funds. It promotes financial discipline and leverages the power of compounding to build long-term wealth.
The Math of Compounding in SIPs
SIP growth is determined by compound interest calculated at regular intervals. The mathematical formula for SIP returns is:
- M = Maturity amount.
- P = Periodic contribution (monthly SIP).
- i = Monthly interest rate (annual rate / 12 / 100).
- n = Total number of payments (months).
Benefits of Rupee Cost Averaging
Rupee cost averaging is a key advantage of SIPs. When mutual fund NAVs (prices) are low, your monthly installment buys more units. When prices rise, it buys fewer units. Over time, this averages out your purchase cost, reducing the impact of short-term market volatility and eliminating the need to time the market.
Contextual Personal Finance Tools
To compare your investment growth against the cost of borrowing for major purchases (like home loans), utilize our Loan EMI Calculator. For optimizing your tax liability on mutual fund returns, check out our Income Tax Calculator.