SIP Calculator
com.shvahlab.sipcalculator
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Screenshots
Description
Systematic Investment Plan (SIP) is a investment scheme offered by mutual fund companies. Using SIP one can invest small amount periodically (weekly, monthly, quaterly) into a selected mutual fund. For retail investors, SIP offers a well disciplined and passive approach to investing, to create wealth in long term (using the power of compounding). Since, the amount is invested on regular intervals (usually on monthly basis), it also reduces the impact of market volatility.
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.
Calculators
-> SIP Calculator
->Goal Planner
-> Step Up Sip Calculator
-> Retirement Goal Calculator - The Retirement Planner will help you understand how much you need to grow your wealth before you retire and how to plan for it.