Invested Amount
Estimated Returns
*These numbers are for illustration purpose only. Actual numbers may vary.

SIP Calculator

A Systematic Investment Plan, or SIP is a smart and easy way to start your journey toward the share market. SIP provides investors with a systematic and active way to invest and build long-term wealth. 

Through the usage of the SIP calculator, online investors calculate their returns by considering factors such as the investment amount, duration, and expected rate of return. BlinkX SIP return calculator offers simplicity and a transparent overview of your investment, making it a valuable tool for both new and experienced investors. 

How Does an SIP Calculator Help You?

  • Every investor in the stock market should do research and perform calculations before confirming any investment. Estimating the potential returns in advance is crucial for determining the profitability of your investment. The Mutual fund SIP calculator is a helping hand that assists investors in making well-informed investment decisions.
  • SIP calculator in India give realistic results by providing an estimate of your mutual fund's investment considering market fluctuations and historical data. It enables users to compare different SIP scenarios by adjusting variables such as investment amount, tenure, and expected rate of return.

How to Use BlinkX’s SIP Calculator?

You can use Blinkx's SIP amount calculator with a few clicks. Simply input the monthly invested amount (the amount for which you initiated the SIP), the number of years you intend to keep invested, and the estimated rate of return. As soon as you enter the figure, the calculator will provide the approximate amount you may withdraw after your investment period is completed. 

Advantages of Using BlinkX Systematic Investment Plan Calculator

According to various mutual fund experts, SIPs offer a more profitable approach to investing funds compared to a lump sum amount. It simply helps in financial discipline and cultivating a savings habit for future benefits. An online SIP calculator proves to be a valuable tool, offering an approximation of the returns you can expect at the end of your investment tenure.

Some benefits of SIP calculators Include: 

  • Helping you to decide the investment amount you wish to commit.
  • Providing information on the total invested amount.
  • Offering an estimate of the expected returns.

Types of SIP

Here are the types of Systematic Investment Plan

SIP TypeMain FeatureSuitabilityRisk and Benefit
Equity SIPInvests primarily in stocks with the potential for higher returns but subject to market volatility.Investors with higher risk appetite, long-term investment horizon, and goal for wealth creation.Potential for the long-term increase in the value of capital and the possibility of achieving higher returns. Exposed to market risks and short-term fluctuations.
Debt SIPInvests in fixed-income instruments for stable income and lower volatility.Conservative investors seek regular income, capital preservation, lower risk, and a shorter investment horizon.Stable returns, and acts as a hedge against market volatility. May offer relatively lower returns compared to equity SIPs.
Hybrid SIPInvests funds into a combination of both stocks and bonds.Investors seeking moderate risk exposure, regular income, and medium to long-term investment horizon.Offers diversification benefits, potential for capital appreciation and income generation, but also risks associated with market fluctuations.
ELSSTax-saving SIP investing mostly in equities.Investors looking to save taxes while aiming for long-term wealth creation with a medium to long-term investment horizon.Provides tax benefits, the potential for higher returns and compounding, subject to market risks and short-term fluctuations.
Sectoral SIPFocuses on specific sectors for potential growth.Investors with high-risk appetite, specific sectoral insights, and long-term investment horizon.Offers the opportunity to capitalize on the growth of specific sectors but is exposed to concentrated risks associated with the chosen sector.
Index SIPReplicates specific market index for market returns and broad exposure.Investors seeking market returns, lower costs, and no active fund management requirements.Provides diversification, lower expense ratios, and benchmark-like returns, but is subject to market risks and cannot outperform a tracked index.
Gold SIPInvests in gold ETFs or mutual funds for portfolio diversification and hedging against inflation.Investors looking to diversify portfolios, hedge against inflation, and invest in gold as an asset class.A convenient and cost-effective way to invest in gold provides liquidity but is impacted by volatile gold prices in the short term.
International SIPInvests in foreign securities for exposure to global markets and growth opportunities.Investors seeking international diversification, exposure to global trends, and long-term growth.Provides access to international markets, sectors, and currencies, the potential for higher returns but is exposed to currency risk and global market volatility.

How do SIP Calculators Work?

The functionality of a SIP calculator is based on mathematical equations designed to incorporate the compound interest accumulated during SIP investments. The formula it uses is:

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

This formula represents the following variables:

FVFuture Value
Represents the regular investment amount
iDenotes the rate of return
NStands for the number of instalments

Consider a scenario where you intend to allocate Rs. 10,000 every month for 7 years with an anticipated annual rate of return of 12%. 

In this case, the monthly rate of return can be calculated as 12% divided by 12%/ 12 = 0.1

Hence, FV = 10,000 ({[1 + 0.01] 84 - 1 } / 0.01) x (1 + 0.01)

Under these conditions, your accumulated fund would amount to Rs. 13.19 lakhs.

Mistakes to Avoid While Making a Systematic Investment Plan

Here are the common mistakes to avoid while making a SIP:

  • Neglecting financial goal planning: Without specific goals, it is difficult to identify the optimal investment amount, duration, and asset allocation for your SIP.
  • Investing without research: Impartial research might result in bad financial selections. A lack of investigation can lead to improper investing.
  • Timing the market: SIPs use rupee cost averaging to decrease the impact of market volatility. Short-term changes might make it difficult to time the market. Staying focused on the long term may be beneficial.
  • Unmonitored investments: An SIP is not the same as establishing an investment amount and then forgetting about it. Periodic evaluations of your investment will prevent it from going unmonitored and will help to improve your SIP.
  • Ignoring professional advice: It is critical to get professional assistance with your SIP. Financial advisors may give helpful insights and help you match your investments with your objectives. Their experience can help you enhance your results.

FAQs on the SIP Calculator

Yes, SIP calculators can help estimate the potential corpus for retirement.

No, it provides an estimate based on the entered annual return rate.

Yes, SIP calculators are useful for estimating the corpus needed to achieve specific financial goals.

The amount you can invest in an SIP varies based on the mutual fund scheme's minimum investment requirement, typically ranging from as low as ₹500 to ₹5000 or more per month.

Yes, you can modify your SIP amount by submitting a request to increase or decrease the monthly investment according to your financial goals.

Yes, you can renew a SIP by giving instructions to your mutual fund provider for continuation with the same investment plan after the current SIP period ends.

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