Axis SIP Calculator

Axis SIP Calculator

Systematic Investment Plans (SIPs) let you invest in mutual funds periodically, without having to invest a lump sum amount. You can start investing with as little as ₹100 and contribute a fixed amount at regular intervals. However, creating a successful SIP portfolio can be challenging. That’s where a SIP calculator comes in — it easily calculates your expected returns using just a few inputs.

How does the Axis Mutual Fund Calculator work?

The Axis SIP Calculator is an online tool to estimate the returns on mutual funds invested through a SIP. The calculator performs quick calculations to churn out results within seconds based on information such as investment amount, tenure, and expected rate of return. However, it’s important to note that the results are estimates and may not match the actual returns provided by the mutual fund scheme you invest in.

What is the formula to calculate Axis SIP returns?

The formula used by the Axis SIP calculator to estimate returns is —

FV = [P x R x (1 + i)n-1 / i] x (1 + i)

Where:

• FV is the future value of your investment.
• i is the compounded rate of return.
• R is the expected rate of return.
• P is the SIP amount.
• n is the number of installments.

Benefits of investing through SIP

• SIPs promote regular investments, ensuring financial discipline and helping in the accumulation of wealth over time.
• Investing through a SIP eliminates the need to time the market by using rupee cost averaging, buying more units when prices are low and fewer when prices are high.
• SIPs enhance wealth growth exponentially over time as the investment period increases, due to the compounding effect.
• SIPs offer the flexibility to start and stop investment as and when required.
• Investments can be started as low as ₹100.

How to use the Axis SIP Calculator?

• Launch the Axis SIP calculator.
• Specify the amount you want to invest each month.
• Set an investment horizon or the period over which you will invest.
• Enter the annual expected rate of return.
• Based on these inputs, the calculator will estimate your returns.

How can Axis SIP Return Calculator help you?

• The tool gives you a clear estimate of your potential returns. But here you need to keep in mind that actual returns may vary slightly due to market fluctuations.
• The calculator makes complex SIP return calculations easy, ensuring you get to estimate your returns effortlessly.
• The tool helps you plan your investments effectively by determining the required SIP amount and evaluating the returns of your chosen investment plan.

Examples of Axis SIP growth

Example 1:

• Monthly Investment: ₹5,000
• Duration: 15 years
• Expected Annual Rate of Return: 12%
• Total Investment: ₹5,000 × 12 months × 15 years = ₹9,00,000
• Future Value: Approximately ₹25,22,880

Example 2:

• Monthly Investment: ₹5,000
• Duration: 10 years
• Expected Annual Rate of Return: 10%
• Total Investment: ₹5,000 × 12 months × 10 years = ₹6,00,000
• Future Value: Approximately ₹10,32,761