SIP (Systematic Investment Plan) is a method of investing a fixed amount regularly in mutual funds. It helps in rupee cost averaging and builds wealth over time through the power of compounding.
How is the SIP return calculated?+
The formula used is: FV = P x (((1 + r)^n - 1) / r) x (1 + r), where P is the monthly investment, r is the monthly rate of return, and n is the total number of months.
Is the expected return guaranteed?+
No. The expected return rate is an assumption for calculation purposes only. Actual mutual fund returns vary based on market conditions. Historical equity fund returns in India have averaged 10-15% per annum.
How does Hello Aria help with SIP investing?+
Tell Aria your SIP dates and amounts on WhatsApp. She'll remind you 1 day before each SIP date so you can ensure sufficient funds in your account.
Is this free?+
This SIP calculator is completely free with no sign-up. For automated investment reminders, try Hello Aria with a free 14-day trial.