A Systematic Investment Plan (SIP) invests a fixed amount at regular intervals (usually monthly) into a fund, letting you benefit from compounding and rupee-cost averaging.
How is the future value calculated?
FV = M x [(1 + r)^n - 1] x (1 + r) / r, where M is the amount invested each period, r the return per period and n the total number of installments.
Is the expected return guaranteed?
No. Market-linked returns vary; the calculator gives a projection based on the rate you enter, not a guarantee.