SIP CALCULATOR

Type of Systematic Investment Plan (SIP)

Top-up SIP

This SIP allows you to increase your investment amount periodically giving you the flexibility to invest higher when you have a higher income or available amount to be invested. This also helps in making the most out of the investments by investing in the best and high performing funds at regular intervals

Flexible SIP

As the name suggests this SIP plan carries flexibility of amount you want to invest. An investor can increase or decrease the amount to be invested as per his own cash flow needs or preferences.

Perpetual SIP

This SIP Plan allows you to carry on the investments without an end to the mandate date. Generally, an SIP carries an end date after 1 Year, 3Years or 5 years of investment. The investor can hence, withdraw the amount invested whenever he wishes or as per his financial goals.

Benefits of investing in SIP

The cost of higher education in India has been growing in double digits (in percentage terms) over the last 20 years. The cost of 4 year engineering education (B.Tech/B.E) in the top Government institutes is around Rs 9 – 10 lakhs. In some of the top private institutes, cost of engineering education can be as high as Rs 15 – 20 lakhs. The cost of medical education is similar, if not a little higher. In the next 10 years, applying an inflation rate of 10%, the cost of engineering or medical education may be in Rs 25 – 45 lakhs. MBA from one of the top institutes will cost you around Rs 20 lakhs. 10 years from now, you should be prepared to fork out Rs 50 lakhs for your child’s MBA.

Makes you a disciplined investor:

SIP can be the best investment option for you if you do not possess superior financial knowledge about the way market moves. You do not have to spend your time analyzing the market movements or the right time to invest in. With SIP since the money gets auto-deducted from your account and goes to your mutual funds, you can sit back and relax. Further, unlike lump sum investments, it ensures that you are working actively towards making your investments grow because of the periodicity.

The rupee cost averaging factor:

With SIP comes the advantage of rupee cost averaging. With SIP since your investment amount is constant, for a longer period of time, with rupee cost averaging you can take advantage of market volatility. The fixed amount you invest by means of SIP averages out the value of each unit. So you can buy more units when the market is low and buy lesser units when the markets are high, lowering down your average cost per unit.

SIP Calculator

As shown above, you can use an online SIP Calculator such as one offered by Call For All to calculate the projected amount you would get if you start a SIP of a particular amount for a particular time period.

Simply use Call For All SIP Calculator , enter the SIP amount, the time period for which you want to invest in the mutual fund and the approximate return expected. You will get the total investment amount upon completion of the time period. According to how much you want your final amount to be, you can select the appropriate amount to start a SIP with.

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