To meet the financial goals in life, it is quite essential to have a worthwhile strategy. The hard-earned money should not be invested at random but after doing in-depth research and market analysis. The ultimate goal of every investment is earning profits. And, it is just amazing to know in advance the future value of our money. But, is it really possible? Let us know how SIP Calculator helps us in providing the same.

Systematic Investment Plan is a way of making an investment in the mutual funds with more convenience. It is the method wherein one requires to put a certain sum of money in a scheme at regular intervals, which result in offering accumulated wealth in the future. The SIP return calculator is a tool that is used to calculate such end value in the most efficient manner.

Working of Mutual Fund Calculator:
This device has been designed keeping in mind various factors that have an impact on the future value of money. The inflation is touching sky high; and it is expected that the prices of every necessity shall rise in the future. Hence it is quite essential to take the same in due consideration before calculating returns. For that, the SIP calculator has been designed after considering the discount rates.

Furthermore, there are various other terms which have an impact on the future values, and must be considered while calculating returns, viz., internal rate of return(IRR), net present value(NPV). The returns generator of SIP has all these values in its design and thus it provides an accurate result on calculations.

Benefits of SIP Returns Calculator:
There are several traits of this device which help one in fetching its maximum benefits. An investor can attain the following major advantages of this calculator to make a better investment plan.

  • User-Friendly:
  • The interface of the SIP calculator is extremely simple which facilitates the users to utilise its features in a convenient manner. Moreover, it is available on various online platforms which make it even more feasible to use.

  • Accuracy:
  • Keeping all the major terminologies in consideration, this calculator calculates the exact values. One can easily compute the accurate amount that will be earned by the investor after a certain period of time.

  • Time Saver:
  • With a busy schedule, it becomes quite difficult for oneself to bring out time for doing extra activities. The SIP returns calculator with such a simple, and easy process helps one in ascertaining the values accurately. Hence it saves one’s time as well.

  • Involves a Few Steps:
  • This calculator has just a few entries to make, and it calculates the return value. Generally, it asks for the terms like monthly SIP investment, the tenure of investing and expected rate of return.

Accordingly, it is not so difficult to plan an investment in mutual funds if you have an SIP Calculator. With the bundle of benefits and best techniques, it helps one in calculating the final worth of one’s investment. In accordance with the same, one comes in a better position to make a better choice of the scheme for a fruitful portfolio.

There is a saying that goes, “ A goal without a plan is just a wish.” Hence, do not let your dreams go in vain; instead, make a productive investment plan using the SIP planner.

Everyone desires to know the value of returns that one shall earn on the investments made. SIP provides the convenience of easy investing and SIP Calculator offers the ease of computing returns and making a better plan. Read this article in full to know how SIP Planner helps in calculating the final worth of investment.

Author's Bio: 

Dishika is a financial planner who uses the SIP returns calculator for planning investments in the mutual funds. She is working with My SIP Online and helping many investors in designing a better investment strategy.