SIP Calculator
sip-calculator
Verifed
4
Rating
4.07 MB
Download Size
4.55 MB
Install Size
Verifed
4
Rating
4.07 MB
Download Size
4.55 MB
Install Size
About App
SIP Calculator and SIP planner help you see estimated benefits from Equity and Debt funds.
SIP Planner helps you assess how much you should invest every month to get the desired amount at the end of an investment period.
SIP is an investment scheme offered by mutual fund companies. This SIP calculator helps you calculate the profit gain and returns expected for your monthly SIP investment. You get a rough estimate on the maturity amount for any monthly SIP, based on a projected annual return rate. You can also share the results of estimated returns with anyone through the app. Apart from that, the details tab shows you different returns for a different number of years for your monthly investment so that you can easily compare the difference.
SIP Calculator Features
- Easy and fast way to calculate your SIP
- Maintain a history of different plan and view them at any time
- Save & Share SIP details in PDF format using Whatsapp, email, etc...
-See details in terms of returns for different number of years
What is SIP
SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds on a monthly basis. This is the preferable mode of investment for many, especially salaried people.
Benefits of SIP
1) You can start investing with a small amount
2) The lower market risk with the help of averaging
3) Higher returns with the power of compounding
4) Save income tax by investing in tax saving mutual funds and SIP plans
Developer Infomation
Safety starts with understanding how developers collect and share your data. The developer provided this information and may update it over time.
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