SIP Calculator- SIP Planner, Investment Calculator
What is SIP
SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds on a monthly basis. This is preferable mode of investment for many especially salaried people.
What are the benefits of SIP
SIP is a way to invest into mutual funds as you can start investing in small amount. It entails lower market risk as it enables rupee cost averaging. SIP has the power of compunding and is capable of giving higher returns
Can I start SIP online?
Nowadays, it is possible to start SIP investment completely online. The process is 100% paperless. You also have the flexible SIP where you can stop your SIP anytime.
What are the different mutual funds in India which offer SIP investents?
Almost all Asset Management Companies offer investment in both SIP and one time investment. SBI, HDFC
What are the different modes of investment in Mutual Funds?
You can invest into mutual funds with Lumpsum Investment (One-Time Investment) This mode is preferable when you have a big amount of money to invest. Another option is SIP Investment (Small Amount Each Month) this is ideal for most people, especially salaried people.
Are Mutual Funds and SIP good for tax saving?
Mutual Funds and SIP are probably the ways to save tax. You can save tax under section 80C. Mutual Funds tax saving plans have a lock-in period of only 3 year which is much lower than 5 years in FD and 15 years in PPF. In addition to tax saving, SIP in these mutual funds help you create wealth in longer run.
What is equity and what is debt in mutual funds
Mutual Funds that invest into stock market are equity funds and the mutual funds that invest in govt. bonds securities are called debt funds
Which are the regulatory bodies in Mutual Fund industry?
Mutual Fund industry is regulated by Association of Mutual Funds of India (AMFI) which comes under purview of Securities and Exchange Board of India (SEBI)
What are different registrars in India
The two major mutual fund registrars in India are CAMS and KARVY
What is NFO?
NFO stands for New Fund Offer. Whenever a new Mutual Fund is released in the market, it starts with a face value of Rs 10 per unit. This means you can purchase the fund at Rs 10/unit. NFO are good for investment as you get each unit at a very cheap price. But NFOs don't have a history to track. Hence, one should only go for NFOs recommeded by experts.
What is 'Mutual Fund Sahi Hai' initiative?
Mutual Fund Sahi Hai is an investor awareness initiative by AMFI. The aim of this program is to make even non-finance people aware about the benefits of Mutual Funds.
Are mutual funds safe?
Equity funds invest in stock market and therefore they have market risk. The generally provide high profit but are risky. On the other hand debt funds do not invest in stock market. Hence, they have lower risk. But they generally give lower return on investment.
If I want to do a SIP in HDFC mutual fund. Can I do it using my SBI Bank account?
Yes, you can do SIP into any fund from any bank account. For example, if you have a SBI bank account you can invest in Tata Mutual Fund or any other mutual fund.
Where can I check past performance of a fund?
There are many sites that show fund performance and fund details including Moneycontrol and Value Research.
Category : Finance
Reviews (30)
This app is really helpful for the investors. As a user, i request the app to give comparison features of 2 different sip calculator on a same screen so that the user gets clear idea on the 2 different investments. As i will use this app more, i will share my feedback and more suggestions. Thank you
Accurate data and very easy to use. Those who don't understand English can avail the Hindi mode in app.
App is simple and user friendly but too many adverts in between which break the flow and you feel like walking out.
worst aap ,don't install Adds are very annoying. Advertisement made this app useless.
Good app 👍 but please add the expanse ratio and tax deduction in SIP calculator
Absolutely accurate and clean interface
After opening the app first thing you will see full screen video ads for 30 seconds. Really irritating app.
Very good app to calculate sip and loan amount
To much advertising, not more functional as expected
App is amazing but tooo many ad's 🤯🤯
Dashboard is good, Many features are not available Like swp, top up, retirement planning, increase investment evey year what will the maturity amt-
Infested with all sorts of unwanted ads.
Simple and easy to use
first time I get it easy .so this app is helpful for beginner
Very good and helpfull apps,,I like it
Nice app , and easy to use
It's useful and helping new people who are not understands compounding.
Excellent & easy to use
Very useful app for SIP calculations. You could have not limit the years to 40
Very basic. But easy to use, only few small banners ads. Better than other similar apps. Update: the app is showing excessive ads which is disrupting users experience
App seems to be good but can't estimate the actual profit earned by deducting the expense charges applicable by institutional on direct and regular basis.. This is only half profit calculation
Easiest and best calculator👌
Very Nice App... can calculate 1 year return also... M so happy with this app
Good service and
It is useful only for very simple calculations. There is no provision for incresing or decrising investment amount
Just what i was looking for thank you, but ads 🥲
Super app easy to use calculator for sip.
Excellent & worthy for accurate calculations!
Simple and useful. I just wish if there was an option of "Years and months" in SIP Tenure. Also, adding another feature of 'Inflation' would nake the app great.
Disturbing video ads every time! This app used to be good, but over the time the developer got greedy, and now every time you start the app it shows a series of ads, first video and then text on which you have to wait to do something very basic that a simple Excel formula can do. Uninstalled.