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Understand the method before using any result. The details below describe the purpose and assumptions for this tool.
How the sip calculator works
The sip calculator helps you estimate results using the assumptions and values you provide. Review the formula and example before relying on the result.
Formula and assumptions
Future value of monthly SIP deposits with an assumed monthly return, compounded monthly; this is an estimate, not a guaranteed return.
Example
Investing 1,000 each month for 10 years at an assumed 12% annual return can be estimated using monthly compounding.
Important information
Results depend on the values, jurisdiction, date and assumptions you enter. Financial products, tax rules and medical recommendations may vary by location and change over time. Verify critical results with reliable sources.