House Purchase Planner
Planning to buy your dream house in few years? This tool helps you to analyse the future price expectation of your house and how much you should start investing from today.
Child Education Planner
Secure your child's future by taking control of their higher education expenses. Calculate the ideal monthly investments needed to build a sufficient corpus for their brighter tomorrow.
SIP Top-up calculator
SIP brings consistency. SIP with a top-up feature accelerates your investment commitments to achieve financial goals faster.
Vacation Savings Planner
Explore your desired destination with confidence by calculating the recommended monthly savings needed to fund your dream trip. Start investing now and embark on the adventure of a lifetime.
Returns Calculator
Understand the current value, absolute and annualized year-on-year (CAGR) returns on investments made in any of our products via the Lumpsum, SIP, SWP or STP mode.
Cost of Investment Delay
Calculate the difference in portfolio value over time between starting an SIP immediately and at a later date. Understand the consequences of delaying your investment strategy.
Explore our funds
Systematic Investment Plan or SIP is a mutual fund facility using which you can invest fixed amounts in a mutual fund scheme at regular intervals e.g. weekly, monthly, quarterly etc through auto-debits from your savings bank account. SIP is one of the most popular ways of investing in mutual funds in India.
What is SIP Calculator?
A SIP calculator is a financial calculator which calculates how much corpus you can accumulate through a SIP over a specified investment tenure assuming a certain rate of return. There are two variants of SIP calculators (a) SIP Returns Calculator (b) Goal Based SIP Calculator
• SIP Returns Calculator: In this SIP calculator, you will enter your monthly SIP investment, your investment tenure (how many years you will invest) and the expected rate of return. The SIP calculator will estimate how much corpus you will accumulate by the end of the investment tenure
• Goal Based SIP Calculator: In this SIP calculator, you will input your financial goal amount (how much money you need to have for your financial goal), your investment tenure (after how many years you need the money for your goal) and the expected rate of return. The SIP calculator will estimate how much you need to invest on a monthly basis to meet your financial goal. Goal Based SIP Calculators may factor effect of inflation on your goals. Examples of Goal Based SIP Calculators in our web portal are Wealth Planner, House Purchase Planner, Child Education Planner, Vacation Savings Planner etc. You can use these calculators for planning different financial goals.
How does SIP Calculators work?
Here we will describe how our SIP returns calculator works. In order understand how SIP calculators work, you should familiarize yourself with the concept of compounding. You may be familiar with two types of interest – simple interest and compound interest. In simple interest, you get interest only on the principal. In compound interest, you get interest on not just the principal but also on accumulated interest. For example, if your principal is Rs 100 and compound interest rate is 6%, then in the first year, you will get Rs 6 as interest. Next year, interest will be calculated on Rs 100 + 6 = Rs 106; so you will get Rs 6.36 as interest. In the following year, interest will be calculated on Rs 106 + 6.36 = Rs 112.36; so you Rs 6.74 as interest. You can see that every year the interest you are getting is increasing; this is because you are earning interest on interest. This is known as compounding.
In mutual funds, you get returns or profits on your investments. When the profits are re-invested you get profit on profits. . The formula of compounding effect for one-time investments is:- FV = P X (1 + r %)n
Where,
FV = Future Value of Investment
P = Investment Amount
r = Compounded Annual Growth Rate (CAGR) or annualized return
n = Investment tenure in years
You can think of SIPs as a series of one-time investments. If you are doing monthly SIP of Rs 10,000 for five years, you can think of it as 60 one-time investments of Rs 10,000 each with reducing tenure. The first SIP instalment (Rs 10,000) remains invested for 60 months, the second SIP instalment remains invested for 59 months, the third instalment for 58 months, the fourth instalment for 57 months etc. The formula used by the SIP calculator is:-
FV = P × ({[1 + r] n– 1} / r) × (1 + r)
FV = Future value
P = SIP amount
r = Expected rate of return per frequency period.
n = Number of instalments.
Benefits of SIP Calculator Online
• SIP is a disciplined way of investing for your long term financial goals
• You do not need a large sum of money to invest in SIP. By investing from your regular savings through SIP you can start investing from a younger age and benefit from the power of compounding over long investment horizon
• Using our SIP calculator you can estimate how much corpus you can accumulate if you start investing a portion of your regular savings through SIPs.
• You can use our SIP calculator to see if your current savings and investments are sufficient to achieve your financial goals
• You can consider managing your expenses better, so that you can invest more through SIP for your financial goals
What is SIP Calculator?
A SIP calculator is a financial calculator which calculates how much corpus you can accumulate through a SIP over a specified investment tenure assuming a certain rate of return. There are two variants of SIP calculators (a) SIP Returns Calculator (b) Goal Based SIP Calculator
• SIP Returns Calculator: In this SIP calculator, you will enter your monthly SIP investment, your investment tenure (how many years you will invest) and the expected rate of return. The SIP calculator will estimate how much corpus you will accumulate by the end of the investment tenure
• Goal Based SIP Calculator: In this SIP calculator, you will input your financial goal amount (how much money you need to have for your financial goal), your investment tenure (after how many years you need the money for your goal) and the expected rate of return. The SIP calculator will estimate how much you need to invest on a monthly basis to meet your financial goal. Goal Based SIP Calculators may factor effect of inflation on your goals. Examples of Goal Based SIP Calculators in our web portal are Wealth Planner, House Purchase Planner, Child Education Planner, Vacation Savings Planner etc. You can use these calculators for planning different financial goals.
How does SIP Calculators work?
Here we will describe how our SIP returns calculator works. In order understand how SIP calculators work, you should familiarize yourself with the concept of compounding. You may be familiar with two types of interest – simple interest and compound interest. In simple interest, you get interest only on the principal. In compound interest, you get interest on not just the principal but also on accumulated interest. For example, if your principal is Rs 100 and compound interest rate is 6%, then in the first year, you will get Rs 6 as interest. Next year, interest will be calculated on Rs 100 + 6 = Rs 106; so you will get Rs 6.36 as interest. In the following year, interest will be calculated on Rs 106 + 6.36 = Rs 112.36; so you Rs 6.74 as interest. You can see that every year the interest you are getting is increasing; this is because you are earning interest on interest. This is known as compounding.
In mutual funds, you get returns or profits on your investments. When the profits are re-invested you get profit on profits. . The formula of compounding effect for one-time investments is:- FV = P X (1 + r %)n
Where,
FV = Future Value of Investment
P = Investment Amount
r = Compounded Annual Growth Rate (CAGR) or annualized return
n = Investment tenure in years
You can think of SIPs as a series of one-time investments. If you are doing monthly SIP of Rs 10,000 for five years, you can think of it as 60 one-time investments of Rs 10,000 each with reducing tenure. The first SIP instalment (Rs 10,000) remains invested for 60 months, the second SIP instalment remains invested for 59 months, the third instalment for 58 months, the fourth instalment for 57 months etc. The formula used by the SIP calculator is:-
FV = P × ({[1 + r] n– 1} / r) × (1 + r)
FV = Future value
P = SIP amount
r = Expected rate of return per frequency period.
n = Number of instalments.
Benefits of SIP Calculator Online
• SIP is a disciplined way of investing for your long term financial goals
• You do not need a large sum of money to invest in SIP. By investing from your regular savings through SIP you can start investing from a younger age and benefit from the power of compounding over long investment horizon
• Using our SIP calculator you can estimate how much corpus you can accumulate if you start investing a portion of your regular savings through SIPs.
• You can use our SIP calculator to see if your current savings and investments are sufficient to achieve your financial goals
• You can consider managing your expenses better, so that you can invest more through SIP for your financial goals
Frequently asked questions
How to use the SIP Calculator?
The SIP Calculator has three inputs – Periodic SIP amount, Investment tenure and expected rate of returns. Enter these inputs based on your requirements. The SIP calculator will calculate how much corpus will be accumulate at the end of the investment tenure
How much SIP amount should I input in the SIP Calculator?
Input the amount you can realistically invest from your regular savings after meeting all your expenses. Do not enter an amount that you will not be able to invest regularly on an ongoing basis. If there is insufficient balance in your bank account on the SIP auto debit date, your SIP transaction will fail.
How much should be expected rate of return in the SIP Calculator?
The expected rate of return depends on the mutual fund scheme you are investing in through SIP. Different mutual fund schemes have different risk / return characteristics depending on the underlying asset class. For example, equity funds are more volatile but have the potential of giving higher returns over long investment horizons. Debt funds are less volatile and give more stable returns, but the returns over long investment tenures are likely to be less than equity funds. The risk return characteristics of hybrid funds are a blend of equity and debt, depending on the asset allocation of the fund.
You should select a mutual fund scheme that is suited for your risk appetite and investment tenure. Equity funds can be suitable for long investment tenures, while debt funds are suitable for short investment tenures. Depending on the risk profile, you enter the expected rate of return e.g. for equities you can enter a higher rate of expected return, for debt you should enter a lower rate of expected return. A higher rate of return will result in the SIP calculator estimating a higher corpus (based on the SIP calculator formula discussed earlier), while your actual returns might be lower. You should enter the expected rate of return after careful consideration of your risk appetite and investment needs. You should consult with your financial advisor, if you need help in understanding risk profile of your investments.
How to use the results of the SIP alculator?
The SIP calculator will tell you whether your planned SIP investments are sufficient to meet your target / financial goal. If you are falling short of your target, you should explore ways of increasing your SIP investment. You should be ready to cut a portion of discretionary spending (if required) in order to meet your financial goals. Once you have planned how much SIP investment you will be making, you should select a mutual fund scheme suitable for your risk appetite and investment needs. DSP Mutual Fund offers a wide range of mutual fund products across different asset classes suited for different risk appetites and investment needs. You should consult with your financial advisor or mutual fund distributor if you need help in understanding which product will be suitable for you. Once you have selected a scheme, you should start your SIP by clicking on the Invest button in the scheme page and following online instructions. You can also take the help of your mutual fund distributor to start your SIP.
What are the things you should keep in mind after starting your SIP?
The most important thing in SIP investments is discipline. You should ensure that you have sufficient balance in your bank account on the SIP date. You should not stop your SIP based on market movements. SIP takes advantage of market volatility through Rupee Cost Averaging. You should not redeem units accumulated through SIP for your short term needs; you should have a separate emergency fund for any unplanned short term expenses. You should always have a long investment horizon for your SIPs.
Disclaimer:
All the returns shown are as per the category prescribed in latest AMFI Best practice Guidelines (AMFI BPG) and any such guidelines issued by AMFI from time to time. Category wise calculators used above is to provide conceptual clarity to investors or for educational purposes. Numerical illustrations are being used for SIP / SWP / STP calculators only for the categories to explain the power of compounding. “Past performance may or may not be sustained in future and is not a guarantee of any future returns”. These figures pertain to performance of the categories/situations as prescribed by AMFI by using the compounded annualized growth rate % (CAGR) prescribed against each category/situation and do not in any manner indicate the returns/performance of any of the schemes of the DSP Mutual Fund. Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to any of the units of the schemes of the DSP Mutual Fund. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Note: Returns calculated by taking mean of 10-year rolling returns between 01/06/13 and 30/05/23 for various benchmarks. Mean returns are as follows: INR Gold 9.34%; Sensex: 12.64%; Nifty 50: 12.93% and 10-year G-Sec: 7.20%. (This note is as per AMFI BP)
DSP Mutual Fund is the leading mutual fund investment company in India.
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Contact details for complaint resolution: Mr. Prakash Pujari
Investor Relations Officer, DSP Asset Managers Private Limited, Natraj, Office Premises No.302,3rd Floor, M V Road Junction. W. E. Highway, Andheri(East), Mumbai-400069, Tel.:022-67178000.
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