### What is sip calculator

SIP calculator is a simple tool that allows you to get an idea based on an estimated rate of return on your mutual fund investments made through Systematic Investment Plan Calculator (SIP).

### How sip calculator works

SIP calculator takes into account several factors such as the monthly investment amount, expected rate of return, and investment time period to give an estimate of the returns an investor can expect.

Here’s how a mutual fund SIP calculator works:

Monthly investment amount: The calculator requires the investor to enter the amount they plan to invest in the SIP. This amount can be a monthly amount that is invested every month.

Expected rate of return: The next input required is the expected rate of return that the investor expecting to earn on investment.

Investment time period: The calculator also requires the investor to input the duration of the investment, which can range from a 1 year to several years.

Calculation: SIP plan calculator works on this following formula M = P × ({[1 + i]n – 1} / i) × (1 + i).

Here,

M is the amount you receive upon maturity.

P is the amount you invest monthly.

n is the number of payments you have made.

i is the periodic rate of return.

**Disclaimer:** We DO NOT offer any financial advice here. It should be used only for informational purpose. SIP Calculator is just a web based tool for getting a rough estimate about the future value on your SIP.

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