With the help of this SIP Calculator, you will be able to calculate the amount of money that you will accumulate at the end of your tenure.
Financeio - SIP Calculator
Plan your future investments with ease.
Investment Summary
Expected Amount: ₹0
Amount Invested: ₹0
Profit Earned: ₹0
What is SIP Calculator ?
A SIP Calculator is a simple tool which estimates the total amount that you will generate from your SIP (Systematic Investment Plan). It calculates the amount on the basis of the information that you provide such as the amount to be invested and the time period.
How Does It Work ?
The SIP Calculator uses this formula to calculate your gains :-
M = P × ({[1 + i]^n – 1} / i) × (1 + i)
Where,
M = The total amount received at the end of tenure
P = The amount being invested periodically
n = Total number of payments made
i = Rate of return
Using the above 3 variables i.e. the amount invested periodically (P), number of payments made (n) & rate of return (i), our tool is able to estimate the total amount of money that you will receive at the end of your tenure (M)
How To Use Financeio's SIP Calculator
It's very simple to use our tool. Just follow these steps :-
1) Under "Investment Amount" option, enter the amount that you're comfortable to invest regularly.
2) Next, under the "Investment Frequency" option, select how often you are willing to invest the amount, whether weekly, monthly or quarterly.
3) Under "Expected Annual Return" option, enter a number, which is nothing but the interest rate that you expect your investments to generate every year.
4) Under the "Investment Period" option, enter the number of years that you are willing to invest upto.
5) Finally at the end, you'll get the option to "Adjust for Inflation". Here, either you can simply select "No" or select an inflation rate (6%, 8%, 10% or 12%) to know the true value of your future gains.
6) After entering all the details, just simply click on "Calculate" to know the results.
We summarise the results for you in three key points :-
1) Expected Amount
2) Amount Invested
3) Profit Earned
To give you a better idea of your gains, we also provide you with a graphical representation of the amount that you invested and the profits that you earned in the form of a donut chart.
Advantages of Using Financeio's SIP Calculator
The Financeio's SIP Calculator offers certain exclusive benefits which you would find nowhere else on the web :-
1) We provide you the option to invest weekly, monthly or quarterly as per your need unlike other tools, which, by default assume you to invest monthly.
2) Our "Adjust for Inflation" option is something you won't find anywhere else. By providing this option, we help you to know the true value of your future gains.
This way, we help you provide the most accurate information and show you the real picture of your investments.
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