SIP Calculator

Calculate your SIP maturity amount, total invested, and estimated returns. Plan your mutual fund investments smartly!

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How much will you invest every month?

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Average annual return rate (e.g., 12%)

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How long will you invest?

SIP Calculator – Systematic Investment Plan Calculator

Many new investors often confuse SIPs with mutual funds. However, Systematic Investment Plans (SIPs) are simply a method of investing in mutual funds regularly, whereas lump sum investment is a one-time approach. A SIP calculator helps estimate the potential returns you can earn by investing systematically in mutual funds over a period of time.

SIPs allow you to invest a fixed amount at regular intervals—weekly, monthly, or quarterly—making them a disciplined and flexible approach to long-term wealth creation.

What is a SIP Calculator?

A SIP calculator is an online tool that gives you an estimated return on your SIP-based mutual fund investments. With SIPs gaining popularity, especially among millennials, this tool provides a simplified way to plan and forecast investment outcomes.

While SIP calculators offer fairly accurate projections, they do not factor in real-time elements like exit load, expense ratios, or market volatility, which can impact actual returns. Nevertheless, they are highly effective for estimating your investment value and wealth gain over a selected period.

How Can a SIP Return Calculator Help You?

SIPs are widely recommended by financial experts as a smart alternative to lump sum investments. They promote financial discipline and encourage a consistent saving habit.

A SIP calculator online can assist in:

  • 📌 Planning investment amounts based on financial goals
  • 📌 Estimating total invested capital over a chosen period
  • 📌 Projecting returns and wealth gain based on expected market performance

How Does a SIP Calculator Work?

A SIP calculator uses the following formula to calculate the estimated maturity amount:

M = P × ((1 + i)n − 1) / i × (1 + i)
Where:
M = Maturity amount
P = SIP amount invested at regular intervals
n = Total number of instalments (months)
i = Periodic interest rate (annual rate ÷ 12)

Example Calculation:
If you invest ₹1,000 every month for 12 months at an annual return of 12%:
Monthly rate i = 12% ÷ 12 = 0.01

M = 1,000 × ((1 + 0.01)12 − 1) / 0.01 × (1 + 0.01)

The result will be approximately ₹12,809 at the end of the year.

📌 Note: SIP returns are subject to market performance, and actual returns may vary.

How to Use CloseMyLoan's SIP Calculator

Using the CloseMyLoan Systematic Investment Plan Calculator is quick and effortless:

  1. Enter the monthly investment amount
  2. Select the investment duration (in years)
  3. Input the expected annual rate of return
  4. The calculator will instantly display your projected maturity value based on the data entered.

Benefits of Using CloseMyLoan SIP Calculator

  • ✅ User-Friendly: Simple interface that requires minimal input.
  • ✅ Free Access: No registration required—use it anytime.
  • ✅ Accurate Projections: Helps you plan your savings strategy effectively.
  • ✅ Flexible Comparisons: Check how different amounts or tenures affect your returns.
  • ✅ Saves Time: No need for manual calculations or spreadsheets.

A Systematic Investment Plan (SIP) is a smart and consistent way to invest in mutual funds, and the CloseMyLoan SIP Calculator makes it easier to plan your financial journey. Whether you're just starting out or refining your investment strategy, this tool empowers you with clarity and confidence in your decisions.