SIP Calculator
Future Value: –
How SIP Works?
SIP (Systematic Investment Plan) allows you to invest a fixed amount periodically in mutual funds. It helps in disciplined investing and benefits from rupee cost averaging.
This calculator estimates the future value of your SIP based on the investment frequency, expected annual return rate, and investment duration.
Formula used:
Future Value = P × ((1 + r)n - 1) / r) × (1 + r)
Where:
P = Investment Amount
r = Periodic Interest Rate (Annual Rate / Frequency)
n = Total Number of Periods
