SIP Calculator 2023

The Navi SIP calculator gives you instant and accurate results about how much returns your SIPs could generate at the end of your planned investment tenure. With this you can accurately assess whether your current SIP amount can generate the desired returns (to be able to meet your financial goal) at the end of your investment tenure, or whether you will need to make any adjustments (like increasing your SIP amount, tenure or choosing a fund which could offer a higher expected return rate).

Calculate SIP Returns

Monthly Investment

Expected return rate (p.a)

Time Period (Years)

Invested Amount

Est. Returns

Total Value

Systematic Investment Plan

A systematic investment plan or SIP is a popular way to invest in mutual funds and exchange-traded funds (ETF) by investing a fixed amount of money at regular intervals, like on the 1st of every month. An SIP is considered a better method to invest in mutual funds than lump sum investments as the former could be more effective in absorbing the shock of short-term market fluctuations to generate better risk-adjusted returns in the long term. This strategy also allows investors to accumulate more mutual fund units when prices are low and fewer units when prices are high, proving to be highly beneficial for investors who can gain from the distribution of risk during a long span of investment duration. Apart from offering compounding and rupee cost averaging benefits, SIPs also play a key role in instilling the much-needed investment discipline and regularity among amateur investors.

How does an Online SIP Calculator Work?

The Navi SIP calculator is an incredibly fast and accurate online tool that could calculate your SIP returns based on your estimated return on investment and tenure instantaneously. All you need to do is enter your monthly SIP amount, expected return interest rate (like 10% p.a. or 14% p.a.) and the time period of your SIP investment in years, and you’re done! The Navi SIP return calculator would accurately show the estimated returns and the total value of your investments (i.e. invested amount + total interest earned) at the end of your investment tenure within seconds!

How to use the SIP Calculator?

You can use the Navi SIP Calculator to get a better understanding of the returns that you could get on your mutual fund investments you have made through SIPs. This easy-to-use online calculator is extremely accurate and intuitive.

Here’s how you can calculate your expected returns on your SIP:

Select the loan amount

Choose the amount you need with the help of slide bar

Select the monthly investment amount

Choose your monthly investment amount with the help of a slide bar

Select your investment duration

Choose the time period or for how long you plan to invest in this SIP

Select expected rate of return

Select the expected rate of return based on your SIP plan
Once done, you would be able to view estimated returns via your SIP investments in a matter of seconds.

What is the Formula to Calculate SIP Returns?

The online SIP calculator works on the following formula:

M = P x ({[1 + i] n-1}/i ) x (1 + i) where,

Where the variables indicate the following:
M = the amount you will receive on maturity
n = the number of payments you have made
P = the amount you have invested at regular intervals
i = the periodic interest rate

For example, let’s say your monthly SIP investment is ₹10,000, the expected rate of return is 12% and your investment tenure is 10 years. Upon using the above formula, your estimated returns on your investment would be ₹11,23,391. So, on a ₹12 lakh investment, you would get ₹23,23,391.

How can SIP Calculator Help You?

The results from Navi’s mutual fund SIP calculator could help you plan your investment better by giving you the insights to make any necessary adjustments, if required. For example, you might realise the total value of your SIP investments currently might not be sufficient to meet your financial goal in time. Thus, you might need to increase the SIP amount or investment tenure or choose another mutual fund that could offer a higher expected return on investment than your present fund.

As such, an SIP returns calculator like this one could help you better align your investments with your financial goals in line with your risk tolerance, liquidity requirements and capital affordability. Lastly, the online SIP calculator would eliminate the possibility of any errors while calculating your returns while helping you save time.

Advantages of Using Navi SIP calculator

Some of the benefits of our SIP calculator are listed below:

Frequently asked questions

What does SIP mean?

A systematic investment plan (SIP) is a way of investing in mutual funds that enable investors to invest in a disciplined manner. Investors can use SIPs to invest a fixed amount at predetermined intervals for a fixed tenure in a certain preferred mutual fund scheme.

Is SIP a good investment?

SIPs are one of the best forms of investment if done consistently for a fixed period. SIPs are a great medium of investment if you have limited knowledge about the investment market and if you want to invest to meet long-term goals

Are SIPs tax-free?

SIP investments in ELSS funds are eligible for a tax deduction up to ₹1.5 lakh from your taxable income under Section 80C of the Income Tax Act.

Does the rate of return on SIP investments vary?

Yes. The rate of return on SIPs can vary depending on the market conditions and the mutual fund scheme opted for.

How much amount can I invest in a mutual fund via SIP?

There’s no maximum limit on the amount you can invest in mutual funds via SIPs. However, the minimum amount you must invest is ₹500 per month.

Is there a minimum or maximum tenure for SIPs?

There is no limit on the maximum tenure of the SIP. While there is no minimum tenure, one can get significant returns if they stay invested for a minimum of 3 years.

How to make the best use of Navi’s SIP calculator?

You can use Navi’s SIP calculator to compare different SIP plans so you have an accurate idea of how much to invest to generate returns that are enough to meet certain long-term goals.

What are the benefits of using the Navi SIP calculator?

Using Navi’s SIP calculator is simple and hassle-free. It saves the time taken to manually calculate SIP returns.

Disclaimer: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Navi does not guarantee the accuracy, completeness, or correct sequence of any details provided therein. Therefore no reliance should be placed by the user for any purpose whatsoever on the information contained or data generated herein or on its completeness or accuracy. The use of any information set out is entirely at the user’s own risk.

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SIP Calculator 2023

Calculate SIP Returns

Systematic Investment Plan

How does an Online SIP Calculator Work?