Plan Smart, Invest Smarter – Use Our SIP Calculator Today!

An SIP Calculator is an online tool that allows you to estimate the returns on your Mutual Fund investments, usually before you invest in them through one or more Systematic Investment Plans. It is simply a roadmap to help an investor seamlessly integrate SIP investments in his/her portfolio. However, the actual returns offered by a Mutual Fund scheme varies depending on various factors.

ICICI Bank’s SIP Calculator assists you to determine the amount you can invest to achieve a desire corpus. Additionally SIP return calculator helps you to determine the accumulated amount over certain number of years with specified rate of return.

Steps to use SIP Calculator for Target Amount

• Start by choosing your Investment Amount, ranging from Rs 1 to Rs 1 crore

• Next, choose the type of investment - monthly SIP, quarterly or at once (a lump sum amount)

• Next, choose the Investment Tenure that ranges from 1 to 50 years

• Select the rate of interest that could range from 1% to 100% of your investment

• ICICI Bank’s SIP Calculator will give you results based on your inputs. You will get an estimate for your total amount of investment, returns and total wealth accumulation.

Steps to use SIP Calculator for current Investment Amount

• Choose your Investment Amount according to your financial capacity, with options ranging from Re 1 to Rs 1 crore

• Decide whether you want to invest through monthly SIPs, quarterly payments or a lumpsum amount, as per your convenience and financial goals

• Choose a tenure that aligns with your investment objectives, with options ranging from 1 to 50 years

• Customise your investment by selecting an interest rate that suits your risk appetite and financial expectations, with choices ranging from 1% to 100% ROI

• Use ICICI Bank’s SIP Return Calculator to get accurate estimates for your total investment, projected returns and accumulated wealth.

Easy to use

SIP calculator is very user friendly. It provides an indicative value of your investments instantaneously and allows you to consider different scenarios by changing the input variables such as monthly SIP amount, expected rate of return, tenure, etc.

Helps in deciding the SIP Amount

SIP calculator helps you to make the decision about how much money you need to invest in Mutual Funds via SIP to earn the desired returns.

User-Oriented

You can easily estimate your investment needs with our user-friendly SIP Calculator. It is suitable for anyone, is completely free of cost and can be used any number of times.

Using a SIP calculator can help you predict the future value of your Mutual Fund investment. Let us look at an example to see how an SIP calculator might make this process easier.

Assume you are a working professional planning for your long-term financial goals like retirement or your child’s higher education. Now, to accomplish this, you decide to invest in a Mutual Fund using SIPs, which are simply monthly investments for the required duration of time.

Below are the key figures:

• Investment Amount: ₹ 25,000 per month

• Investment duration: 25 years

• Expected interest rate: 9.00% per annum

• Investment frequency: Monthly

Here, you can use a SIP calculator to assess the potential growth of your investment over the investment duration. Based on these parameters, the SIP calculator returns the following results:

• Total investment: ₹ 75,00,000 (₹ 25,000 * 12 months * 25 years)

• Future value of the investment: ₹ 2,66,58,223.00

• Potential Returns: ₹ 1,91,58,223.00 (Future value - Total investment).

• Investing ₹ 75,00,000 over 25 years might result in a future value of ₹ 2,66,58,223.00, assuming an annual interest rate of 9.00%. The total return on the investment would thus be ₹ 1,91,58,223.00.

To use a SIP calculator online, you'll need a few key details:

• Investment Amount: The initial amount you plan to invest

• SIP Frequency: How often you'll make contributions (e.g., monthly)

• Expected Return Rate: The anticipated annual growth rate of your investment

• Investment Tenure: The duration for which you plan to invest.

Once you input these details, the calculator will estimate your future earnings through Systematic Investment Planning.

SIP interest rates in India are majorly affected by market conditions, for example, how well the SIP mutual fund is performing in the current market. However, there are more factors which lead to fluctuations including interest rates, global financial events, and government regulations. Keeping in mind the various factors can help with SIP investments.