Mutual fund investments are subject to market risks, read all scheme related documents carefully

A Systematic Investment Plan (SIP) is a popular and disciplined method of investing in mutual funds. Rather than making a one-time lump sum investment, a SIP allows you to invest a fixed amount of money at regular intervals, typically monthly, into a chosen mutual fund scheme. This approach is akin to setting up a recurring payment, but instead of an expense, it's a consistent contribution to your financial future. SIPs have gained immense popularity due to their accessibility, flexibility, and ability to mitigate market volatility, making long-term wealth creation achievable for a wide range of investors.

Our SIP calculator meticulously estimates the future value of your consistent investments. To utilize its power, you will typically input three core variables:

1. Monthly SIP Amount (P): This is the fixed sum you commit to investing each month.
2. Investment Duration (n): The total period, usually expressed in years, over which you plan to continue your SIP. The calculator will convert this into the total number of installments (e.g., 10 years = 120 installments).
3. Expected Annual Rate of Return (r): This is a crucial estimate. Unlike fixed-income instruments, mutual fund returns are market-linked and are not guaranteed. This rate should be an informed assumption, perhaps based on historical performance of similar fund categories, current market outlook or your personal risk-adjusted expectations. It's vital to remember that actual returns may vary.

The calculator then employs the powerful principle of compound interest, specifically the future value of an annuity formula, to project how your cumulative investments, combined with the earned returns, could grow over the specified tenure.

A lumpsum investment refers to the act of investing a substantial amount of money in one single transaction. This strategy is typically employed when an individual has a significant sum of available capital, such as an annual bonus, an inheritance, proceeds from the sale of property, or accumulated savings, and wishes to deploy this capital immediately into an investment vehicle. Common avenues for lumpsum investments include mutual funds, fixed deposits, bonds, or direct equity purchases.

Our Lumpsum calculator is designed to help you visualize the potential future value of your one-time investment. The calculation is straightforward, relying on the principles of compound interest. You will need to provide:

1. Initial Investment Amount (P): The total principal sum you are investing at once.
2. Investment Duration (t): The period, expressed in years, for which you intend to hold this investment.
3. Expected Annual Rate of Return (r): For market-linked investments (like mutual funds), this is an estimated annual growth rate. For fixed-income instruments (like FDs), this will be the known, guaranteed interest rate.

The calculator then applies the fundamental compound interest formula to project how your principal amount could grow over the specified period, assuming the stated rate of return.

A Step-Up SIP is an advanced variation of the regular Systematic Investment Plan that allows investors to periodically increase their monthly SIP contribution. This strategic enhancement is designed to align your investment growth with your increasing income and the effects of inflation. Instead of investing a fixed amount for the entire tenure, a Step-Up SIP automatically increments your investment amount by a predefined percentage or a fixed sum at regular intervals, typically annually. This ensures that as your earning capacity grows, your investments keep pace, leading to a significantly larger corpus over time.

Our Step-Up SIP calculator provides a powerful projection of your wealth accumulation by factoring in your increasing investment contributions. To use this calculator, you will typically input:

1. Initial Monthly SIP Amount Your starting monthly investment.
2. Annual Step-Up Percentage (or Amount): The rate or fixed value by which you intend to increase your SIP contribution each year (e.g., 5% increase annually, or ₹500 increase annually).
3. Investment Duration (N): The total period, in years, for which you plan to continue investing.
4. Expected Annual Rate of Return (r): Your estimated annual growth rate for the mutual fund, as returns are market-linked and not guaranteed.

The calculator then simulates the annual increase in your SIP contributions and applies the power of compounding to this growing base, illustrating how your enhanced discipline can lead to a substantially larger financial goal achievement compared to a standard SIP.

A Fixed Deposit (FD) is a time-tested, secure, and popular investment instrument offered by banks and non-banking financial companies (NBFCs), as well as post offices in India. It is a financial product where you deposit a lump sum of money for a pre-determined period, ranging from a few days to several years, at a fixed rate of interest. FDs are highly favored by conservative investors due to their assured returns and capital safety, making them a reliable choice for achieving specific financial goals without exposure to market volatility.

Our FD calculator provides a precise calculation of the maturity amount you will receive at the end of your investment tenure. It operates on the principle of compound interest, where interest earned in each period is added to the principal for the next period's interest calculation. To use the calculator, you will typically input:

1. Principal Amount (P): The initial lump sum of money you are depositing into the FD.
2. Annual Interest Rate (r): The fixed annual interest rate offered by the bank or financial institution for the chosen tenure. This rate remains constant throughout the deposit period.
3. Tenure (t): The duration of the fixed deposit, usually specified in years and/or months.
4. Compounding Frequency (n): This is a crucial factor. Interest on FDs can be compounded annually, half-yearly, quarterly, or even monthly. The more frequent the compounding, the slightly higher the effective return.

The calculator applies the compound interest formula to accurately determine your total interest earned and the final maturity value.

A Recurring Deposit (RD) is a special type of term deposit offered by banks and post offices, designed for individuals who wish to save regularly but may not have a lump sum available for a Fixed Deposit (FD). It encourages systematic saving by allowing you to deposit a fixed amount of money every month for a pre-determined period (tenure). Similar to FDs, RDs also offer a fixed interest rate throughout the tenure, making them a secure and predictable savings option. It's an excellent way to cultivate a disciplined saving habit and accumulate a substantial corpus for specific short to medium-term financial goals.

Our RD calculator helps you precisely determine the maturity value of your recurring monthly deposits. It calculates the interest earned on each installment from the date of its deposit until the maturity date, compounding it regularly. To use this calculator, you will input:

1. Monthly Deposit Amount (P): The fixed sum of money you commit to depositing each month.
2. Annual Interest Rate (r): The fixed annual interest rate offered by the bank or post office for the chosen RD tenure.
3. Tenure (t): The total duration of the Recurring Deposit, typically expressed in years and/or months. The calculator converts this into the total number of months.

The calculator applies the principle of compound interest to each monthly deposit, providing you with an accurate estimate of your total accumulated corpus at maturity, including the principal invested and the total interest earned.

The Public Provident Fund (PPF) is a highly popular, long-term savings-cum-investment scheme in India, introduced by the Government of India in 1968. It is specifically designed to provide a secure and tax-efficient avenue for individuals to build a substantial retirement corpus or save for other long-term financial goals. PPF stands out due to its "EEE" (Exempt-Exempt-Exempt) tax status: contributions are tax-deductible under Section 80C, interest earned is tax-exempt, and the maturity amount is also tax-free. With a minimum lock-in period of 15 years, it encourages disciplined, long-term saving. 

The Employees' Provident Fund (EPF) is a mandatory social security scheme for salaried employees in India, administered by the Employees' Provident Fund Organisation (EPFO). It's a cornerstone of retirement planning for the organized sector. Both the employee and the employer contribute a portion of the employee's basic salary plus dearness allowance (DA) into the EPF account. The primary objective of EPF is to provide a lump sum financial cushion to employees upon their retirement or resignation, or to their nominees in case of their demise.