How does an online FatakPay SIP Calculator work?

With an Online Systematic Investment Plan, investing becomes even more convenient. You can use tools like a mutual fund sip calculator or a mutual fund growth calculator to project returns based on your monthly contributions and investment horizon. These tools help you plan effectively, ensuring that your SIPs are aligned with your financial goals.

Benefits of Using The FatakPay SIP Calculator

A Mutual Fund SIP Calculator is a simple and efficient tool that helps you estimate the future value of your investments made through a Systematic Investment Plan (SIP). It works by taking into account the following inputs:

1. Monthly Investment Amount : The fixed amount you plan to invest regularly.

2. Expected Rate of Return : The annualized return you expect from the mutual fund.

3. Investment Duration : The period (in years) for which you intend to invest.

Step-by-Step Process:

Input Your Details : Enter your Monthly Investment Amount, the Expected Rate of Return, and the Investment Duration into the calculator.

Calculation Formula : The SIP calculator uses the formula:

M = P × ( [ (1 + i)ⁿ – 1 ] / i ) × (1 + i)

Where

• M =Future Value of your investment
• P = Monthly Investment
• r = Expected Rate of Return per month (annual rate divided by 100 then by 12)
• n = Total number of months (investment tenure in years × 12)

Result : The calculator instantly computes the future value of your SIP, showing you how much your investment can grow over time

Benefits of Using The FatakPay SIP Calculator

The mutual fund sip return calculator​ is a user-friendly tool designed to help you estimate your returns. Here's how you can use it effectively:

Mutual Fund Calculator India​

1. Enter Monthly Investment : Input the fixed amount you plan to invest every month in your SIP.

2. Set Expected Rate of Return : Enter the annualized percentage of returns you expect based on the fund's past performance.

3. Define Investment Duration : Specify the number of years you intend to continue your SIP.

Once you’ve entered these details, click the "Calculate" button. The calculator will instantly show:

• Future Value : The projected total value of your investment at the end of the tenure.
• Total Returns : The profit earned over the investment period.

Benefits of Using The FatakPay SIP Calculator

• Helps in setting clear financial goals by showing potential returns.
• Enables you to experiment with different amounts, durations, or return rates to choose the most suitable investment plan.
• Provides a quick and hassle-free way to plan your investments effectively.