SIP

Title

SIP Calculator

Meaning

SIP stands for Systematic Investment Plan. It helps estimate the future value of regular monthly investments.

Usage

Use this calculator to plan monthly mutual fund investments, long-term wealth creation, and goal-based savings.

Formula:
M=P×(1+i)N1i×(1+i),i=r12M = P \times \frac{(1+i)^{N}-1}{i} \times (1+i),\quad i=\frac{r}{12}
Total Invested12,00,000
Estimated Returns11,23,391
Maturity Value23,23,391