SIP Calculator
What is a SIP Calculator?
A SIP Calculator helps you estimate the future value of your monthly investments in mutual funds. You can easily calculate the maturity amount, total invested amount and expected returns based on your SIP amount, interest rate and investment duration.
Formula Used
M = P × ((1 + r)n – 1) / r × (1 + r)
- P = Monthly Investment
- r = Monthly Interest Rate
- n = Total Months