Systematic Investment Plan (SIP) is a discipline that enables setting aside a set
amount of money every month to invest in mutual funds. Moreover SIPs are a convenient
form of investment as they require you to set up the SIP just once and relax.
This calculator helps you to identify the monthly investment required to reach your
financial goals, at the annual expected /assumed rate of returns (as specified by
the user / investor) over the pre-specified time periods.
The user of the calculator has to specify two input variables, namely:
Any changes made to the financial goal amount or the assumed Annual rate of returns
or both would result in a different amount required to be invested monthly, to reach
the financial goal.
To use the SIP planner:
Based on these parameters you will clearly see the monthly installments you will
need to meet your expectations over the last:
The SIP planner lets
you see that a financial goal of र25 lakhs at an expected rate of interest of 8% requires a monthly
Investor is advised to consult their financial advisor before making investments
in the units of mutual funds. For more information or assistance
Haven't you started your systematic investment Yet? Start SIP"
The calculator is based on assumed rate of returns and is meant for illustration
purposes only. It is neither an investment advice nor should it be construed
as indicative of any of the schemes of ICICI Prudential Mutual Fund. One should
seek advice from their financial advisor before making any investments. ICICI Prudential
Mutual Fund shall not be responsible/liable for any decision taken on the basis
of this calculator.
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