SBI SIP Calculator

The SBI Mutual Fund SIP Calculator helps you figure out how much your monthly investment could grow in the future. It uses a simple formula based on four things:

• Your monthly investment amount.
• The expected returns.
• Your investment tenure.
• Frequency of the returns added to your investment.

Here is how the SIP calculator SBI Mutual Fund works:

FV = [P x R x (1 + i)^n - 1 / i] x (1 + i)

Where:

By entering these details, the calculator quickly shows how much your money might grow, saving you time and effort from doing the math yourself. It makes planning your investment returns easy & it can help you stay on track to quickly reach your financial goals.

Let’s put this SIP return calculator formula to test with the help of real life example in the next heading.

The SBI SIP Calculator has many benefits that make it really helpful for planning your investments:

1. Saves Time and Effort
   

   You do not need to spend time doing the math yourself; the calculator gives you quick and accurate results.

2. Accurate Results
   

   It gives you reliable numbers, so you can make better decisions about your money.

3. Accessible Anywhere
   

   The SBI SIP Calculator online can be used anytime and from anywhere, making it easy to plan your finances on the go.

4. Helps You Choose from Many Options
   

   There are over 1,000 mutual fund schemes available in India. The calculator helps you pick the best mutual funds based on your goals.

In short, the SBI SIP return calculator can help you plan your investments easily and confidently.

Now, imagine you start a SIP of Rs . 2000 for 2 years with an expected return rate of 12%.

If you put these values, the above SBI mutual fund SIP calculator will calculate and give you the following estimated value of your investments:

Amount invested= Rs.48,000

Expected Returns= Rs.6,486

Future Value= Rs.54,486

In short, the SBI Mutual Fund SIP calculator is a powerful tool that helps you estimate the expected returns of the schemes under this AMC.