SIP Calculator use for calculating the upcoming investment plan in a systematic way. Here you can calculate the expected return, profit amount, and invested amount. Just enter your monthly invested amount, tenure, and return percentage result will be available for you.
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After opening the calculation page, Just follow those steps
Under SIP (Systematic Investment Plans), you invest a specific sum of money at regular intervals. This specific amount is directly deducted from your bank account and invest in the market.
Advantages of SIP,
To calculate SIP you need the three inputs one is investment amount, the second one is investment period, and the third one is investment percentage. So, Here is it how?
|M||Investment Period (Month)|
Monthly Rate = (P/12/100);
Net Worth = A * (pow(1 + (P/12/100), M) - 1) / (P/12/100);
Wealth Gain = (Net Worth -(A*M));
Hold, you have to invest "500" for "3" years with the anual interest rate of "15" percent. Then your calculation will like,
Net Worth = 500 * (pow(1 + (15/12/100), 12*3) - 1) / (15/12/100); = 22558
Wealth Gain = (22558 -(500*(12*3))) = 4558;
SIP calculator comes with lots of features. In our tools, we implement all the possible features that can be implementable. Here are the featurs are