Mutual Fund SIP Calculator calculates the overall amount returned if someone invests a small chunk of money periodically. In order to use this calculator, you need to know three parameter.
Once you have decided on these three parameters, you have to click on the calculate button and you will get the return result
We use future value calculation formula to calculate the return. The formula is given below.
Future Value = P * (R * (1+i)n-1) * (1+i) / i
Future Value = The total wealth created
P = SIP amount
i = Compound rate of interest. As the returns are compounded for every investment instalment, monthly SIP will be compounded as: i/12.
Disclaimer – Mutual funds are subjected to market risk. Kindly, invest carefully.
|Mutual Fund||5Y Return||Type|
|Mirae Asset Tax Saver Fund||18.07 % p.a.||Equity|
|Mirae Asset Emerging Bluechip Fund||16.97 % p.a.||Equity|
|Quant Tax Plan||16.28 % p.a.||Equity|
|Axis Focused 25 Fund||16.26 % p.a.||Equity|
|HDFC Retirement Savings Fund – Equity Plan||15.08 % p.a.||Equity|