Parag Parikh SIP Calculator

Parag Parikh SIP Calculator

Systematic Investment Plan (SIP) allows you to build wealth over time by making small but regular investments. A key aspect of any investment is understanding the possible returns that you may earn over time. Parag Parikh SIP Calculator allows you to estimate the future value of your investment.

By figuring out the possible earnings from your investment, the tool enables enhanced financial planning as per your objectives.

How does a Parag Parikh SIP Calculator work?

Parag Parikh Financial Advisory Services SIP calculator is an online tool that allows investors to estimate the potential returns from a Systematic Investment Plan (SIP) in mutual funds. By entering details such as the monthly investment amount, expected return rate, and investment time.

The Parag Parikh SIP calculator shows how your money can grow over time, making financial planning easier and helping you achieve your financial goals.

Benefits of investing through SIP

• Promotes regular investing for disciplined savings.
• Averaging every month to reduce the impact of market volatility on your investments.
• Compounding promotes long-term wealth growth.
• Investments can be started with lower amounts.
• Offers flexibility to initiate or discontinue investments as needed.
• Diversification spreads risk across multiple investments.

How to use the Parag Parikh SIP calculator?

• Launch the Parag Parikh SIP Calculator.
• Choose your monthly investment amount.
• Determine how many years to invest.
• Enter your estimated annual return rate.

The calculator will display the overall value of your investment at the end of the SIP tenure.

How can Parag Parikh SIP Return Calculator help you?

• Shows how regular payments boost your investment.
• Predicts returns based on amount and duration.
• Aids in managing funds and setting goals.
• Compares different investment options.
• Monitors progress toward your financial goals.

Examples of Parag Parikh SIP Growth

Example 3:

• Monthly Investment: ₹5,000
• Duration: 7 years
• Expected Annual Return: 8%
• Total Investment: ₹5,000 × 12 months × 7 years = ₹4,20,000
• Future Value: Approximately ₹7,18,000

Example 4:

• Monthly Investment: ₹5,000
• Duration: 15 years
• Expected Annual Return: 15%
• Total Investment: ₹5,000 × 12 months × 15 years = ₹9,00,000
• Future Value: Approximately ₹32,00,000