Axis Mutual Fund SIP Calculator
Calculate the returns of your mutual fund SIP investment in just a few minutes.
Monthly SIP Amount
₹
SIP Period
years
Expected Return Rate (p.a)
%
Invested amount
₹ 30,00,000
Estimated returns
₹ 39,66,432
Total value
₹ 69,66,432
Disclaimer: Past performance is not an indicator of future returns
Company introduction
Welcome to Axis Mutual Fund SIP calculator, your tool for effective and efficient investment planning. Axis Mutual Fund is one of India's leading mutual fund houses, known for innovative investment solutions, customer centricity, and a strong investment approach driven by research. By offering various mutual fund schemes catering to diverse investment objectives and risk appetites, Axis Mutual Fund aims to help investors achieve their financial goals with confidence.
How to calculate estimated returns using Axis Mutual Fund SIP calculator?
Investing through SIPs can help people achieve their financial goals conveniently. The Axis Mutual Fund SIP calculator can be a valuable tool in this journey, clarifying corpus-related doubts and guiding your investments.
Using the Axis Mutual Fund SIP calculator is simple:
1. Write your investment amount: Start by putting your monthly investment goals and expected returns.
2. Determine how long to invest: Determine till when you can invest. This can be a number of years depending on your financial goals.
3. Investment rate: You can enter an expected rate of return such as 10% or 15% depending on which fund you choose to invest.
4. View results: The calculator will immediately display an estimated corpus based on the data provided. It will show the total investment and its total value at the end of the SIP period.
How does the Axis Mutual Fund SIP calculator work?
The Axis Mutual Fund SIP calculator works through a straightforward process, following this formula:
A = p × (1+ nr) nt
where:
- a = final corpus amount
- p = monthly investment
- r = annual interest rate
- n = number of times interest is compounded in one year
- t = Investment duration (in years)
Instead of manually calculating the estimated amount through the above process, you can simply use an online calculator and get the amount in one go. What’s more, you can use the calculator any number of times to do calculations by different investments, tenures, and/or rates of return.
Benefits of using Axis Mutual Fund SIP account machine
- Accurate planning: It helps determine how much money is to be invested monthly to meet financial goals in the future.
- Realistic investing: It makes it easier to set realistic financial goals according to an assumed rate of return.
- Easy comparison: It allows you to compare different SIP scenarios, using different rates of return or monthly investments, to make informed decisions.
- Time savings: It eliminates the need for manual calculations, saving time and effort.
Frequently Asked Questions
What are the advantages of making an investment in SIP?
- It helps in creating discipline. Because of the automatic nature of the investment, a set figure is normally paid from your bank account and invested in a scheme of your choosing. This prevents procrastination and over spending.
- It reduces the impact of market fluctuations by rupee cost averaging. Instead of waiting for the sweet spot by way of timing the market, a SIP helps you make investments throughout the market cycle, thereby averaging your investment cost.
What are the different varieties of SIPs?
There are two most important types of SIPs:
- Fixed SIP: In this mode, a set figure is invested at each described interval.
- Flexible SIP: Through this mode your amount varies, relying on the financial scenario. This is what makes an SIP a convenient and flexible mode of investing in mutual funds.
Can I pause or stop my SIP if wanted?
Yes, most mutual fund companies permit investors to pause or stop their SIPs at their comfort. You also can top up your SIP as your salary or investing budget increases.