Franklin Templeton SIP Calculator

Franklin Templeton SIP Calculator

For many people investing in mutual funds, Systematic Investment Plans (SIPs) have emerged as the preferred method. This is largely because SIPs enable you to make small and regular contributions instead of having to invest a lump sum amount upfront, thereby facilitating steady growth of your investment.

For those navigating the world of mutual funds, using a SIP Calculator can make it easier to project your maturity value, providing a clear view of how your investment might evolve.

If you choose to invest in Franklin Templeton mutual funds, the Franklin Templeton SIP Calculator can help you estimate your potential returns without hassle.

How does the Franklin Templeton SIP Calculator work?

The Franklin Templeton SIP Calculator is an online user-friendly way to estimate the returns from your SIP investments over time. The calculator lets you determine the estimated future values of your investment based on information like investment tenure, estimated yearly return rate, and the total amount of your investment.

In the case of the Franklin Templeton SIP Return Calculator, this estimation is made based on the specific scheme’s historical performance.

By estimating the future value of your investments, the Franklin Templeton SIP Calculator helps you plan more effectively and set achievable goals for investments.

Formula to calculate Franklin Templeton SIP returns

To help you estimate the maturity value of your Franklin Templeton SIP investments, the online calculator uses a simple formula:

FV = P x ({[ 1+ i] ^ n -1} / i) x (1+i)

In this formula:

• FV is the future value or the amount you will receive at maturity.
• P refers to the principal amount you invest each month.
• i is the monthly interest rate, derived by dividing the annual rate by 12.
• n represents the duration of your investment in months.

Benefits of Investing through SIP

• SIPs promote a consistent investment habit.
• Over time, SIPs work to build wealth by leveraging compounding returns.
• Starting a SIP is possible with a monthly investment of just ₹100.
• The rupee cost averaging acts as a buffer against market swings.
• Investors can easily modify or stop their plans if needed.
• SIPs offer the advantage of diversification, which helps distribute risk among different assets.

How to use the Franklin Templeton SIP Calculator?

• Launch the Franklin Templeton SIP Calculator.
• Enter the details of your monthly investment, the length of time you plan to invest, and the expected return rate.
• The Franklin Templeton SIP Calculator will calculate and show you the total amount invested, the wealth generated, and the potential maturity value of your investment.
• You can tweak the monthly contribution to find the right investment approach that matches your financial objectives.

How can the Franklin Templeton SIP Calculator help you?

Using the Franklin Templeton SIP Calculator can significantly help your financial plan and strategy:

• Plan your investment: The Franklin Templeton SIP Calculator helps you plan your investments by estimating the monthly investment needed to meet your target return.
• Ensure accurate calculations: The calculator ensures accuracy in determining the total invested amount, the wealth accumulated, and the expected value at maturity.
• Track progress: The Franklin Templeton SIP Calculator also enables you to explore various investment options and scenarios and monitor your progress toward your financial goals.

Examples of Franklin Templeton SIP growth

Example 1:

• Monthly Investment: ₹2,000
• Duration: 8 years
• Expected Annual Rate of Return: 10%
• Total invested amount: ₹2,000 × 12 months × 8 years = ₹1,92,000
• Maturity value: Approximately ₹2,89,112

Example 2:

• Monthly Investment: ₹4,000
• Duration: 8 years
• Expected Annual Rate of Return: 10%
• Total invested amount: ₹4,000 × 12 months × 8 years = ₹3,84,000
• Maturity value: Approximately ₹5,78,223