SIP Calculator - Lumpsum 1.0.3

SIP Calculator helps you to analyze your investments or plan for new investments.

SIP Calculator:

• Calculates the future value of SIP (Systematic Investment Plan) Payments.

SIP Planner:

• Helps you assess how much you should invest every month to achieve a desired amount at the end of an investment period.

Lumpsum:

• Mutual fund investors can use this calculator to estimate the returns on their investments. Before exploring the benefits of using this calculator, a clear understanding of the types of returns for a lumpsum investment is crucial.

What is SIP:

• SIP stands for Systematic Investment Plan. It allows you to invest a small amount into mutual funds on a monthly basis, making it a popular investment method among many, particularly salaried individuals.

This smart and convenient SIP calculator app calculates the future value of your monthly investment in Mutual Funds, Public Provident Fund (PPF), or Fixed Deposits (FD) in banks or post offices. It is highly beneficial for planning long-term financial goals such as purchasing a car, a house, or other significant expenses.

Systematic Investment Plan (SIP) is an investment scheme offered by mutual fund companies. This SIP calculator assists you in determining the expected profit gain and returns for your monthly SIP investments. By entering your Monthly Invested amount, Investment period, and Expected return rate percentage (%), this app provides you with the current value of your deposit and the final amount of your savings at the end of your investment period based on a projected annual return rate.

Features:

• Easy and fast way to calculate your SIP investments
• Maintain a history of different plans and access them at any time
• Save and share SIP details with clients in PDF format using SMS/EMAIL
• The app is available for FREE use

Benefits of SIP:

1. You can start investing with a small amount
2. Lower market risk through averaging
3. Higher returns through compounding
4. Save on income tax by investing in tax-saving mutual funds and SIP plans