A systematic investment plan or SIP is a popular way to invest in mutual funds and exchange-traded funds (ETF) by investing a fixed amount of money at regular intervals, like on the 1st of every month. An SIP is considered a better method to invest in mutual funds than lump sum investments as the former could be more effective in absorbing the shock of short-term market fluctuations to generate better risk-adjusted returns in the long term. This strategy also allows investors to accumulate more mutual fund units when prices are low and fewer units when prices are high, proving to be highly beneficial for investors who can gain from the distribution of risk during a long span of investment duration. Apart from offering compounding and rupee cost averaging benefits, SIPs also play a key role in instilling the much-needed investment discipline and regularity among amateur investors.
How does an Online SIP Calculator Work?
The Navi SIP calculator is an incredibly fast and accurate online tool that could calculate your SIP returns based on your estimated return on investment and tenure instantaneously. All you need to do is enter your monthly SIP amount, expected return interest rate (like 10% p.a. or 14% p.a.) and the time period of your SIP investment in years, and you’re done! The Navi SIP return calculator would accurately show the estimated returns and the total value of your investments (i.e. invested amount + total interest earned) at the end of your investment tenure within seconds!
How to use the SIP Calculator?
You can use the Navi SIP Calculator to get a better understanding of the returns that you could get on your mutual fund investments you have made through SIPs. This easy-to-use online calculator is extremely accurate and intuitive.Here’s how you can calculate your expected returns on your SIP:Select the loan amountChoose the amount you need with the help of slide barSelect the monthly investment amountChoose your monthly investment amount with the help of a slide barSelect your investment durationChoose the time period or for how long you plan to invest in this SIPSelect expected rate of returnSelect the expected rate of return based on your SIP plan Once done, you would be able to view estimated returns via your SIP investments in a matter of seconds.
Advantages of Using SalarySe Mutual Fund Calculator
User-friendly designOur mutual fund calculator is easy-to-use and intuitive
Saves timeCalculate and check the potential mutual fund returns in seconds
Helps you plan betterEstimate your mutual fund returns beforehand to manage your finances better
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Answers to common questions about SalarySe’s platform, features, and how we help employees maximize their salary.
