50 likes | 93 Views
A Systematic Investment Plan (SIP) calculator is an online financial tool that can help calculate the returns you would earn on your SIP investments. The calculator also tells you how much you would need to invest every month to earn a target corpus. Simply put, it provides a roadmap to achieve your various financial goals.
E N D
SIP Calculator About SIP calculator What are the advantages of a SIP calculator?
About SIP calculator • A special online tool called a SIP calculator is made to assist you in estimating the potential profits from your SIP investment. To use our online calculator, you only need to enter a few pieces of basic information about your investment, like the: • target amount you intend to receive upon maturity. • The expected return rate. • length of the SIP
What are the advantages of a SIP calculator? • It’s easy and free to use It's not too difficult to use a SIP calculator. Simple entries can be made for the intended maturity amount, the SIP's duration, and the expected rate of return. Moreover, there is no fee to use the calculator. You can therefore utilise it whenever you need to make deliberative investment decisions. • It helps you plan your investments better To calculate how much money you should set aside each month to build up the appropriate maturity amount, use the SIP calculator. Also, it shows how much profit you can anticipate making over the course of the SIP. You can arrange your assets in a way that is consistent with your financial objectives using this knowledge.
It provides accurate and instant results The results you get from utilising a SIP calculator are quite exact and devoid of computational errors because it is automated. The tool is also quite quick; the results are on screen in only a few seconds. Manual computations, which are slow and prone to errors, do not work like this.