Taurus SIP Calculator

Taurus SIP Calculator

Systematic Investment Plans (SIPs) allow long-term wealth creation with small but regular investments. Understanding how your money will grow over the investment tenure in SIPs can be simplified using the Taurus SIP Calculator.

The online tool estimates the future value of your investment using certain key inputs.

How does the Taurus SIP Calculator work?

The Taurus SIP Calculator is an online application that helps investors estimate potential returns from an SIP in a mutual fund scheme. It uses details like monthly investment amount, expected return rate, and investment duration to estimate the possible earnings.

This enables enhanced planning to devise a strategy in line with your financial objectives.

Formula to calculate Taurus SIP returns

The online SIP calculator uses a simple formula to estimate the value of your investments over the selected period:

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

Here,

FV = Future value (final payout at maturity)

P = Principal investment while starting the SIP

i = Annual interest rate (compound interest) in percentage/12

n = Number of months or investment duration

Benefits of investing through SIP

• SIP encourages regular savings investments.
• Rupee cost averaging reduces market volatility.
• Compounding promotes long-term wealth growth.
• Begin SIP investments with as little as ₹100 per month.
• SIPs offer flexibility to pause and rebalance investments as necessary.
• Diversification spreads risk across multiple investments.

How to use the Taurus SIP Calculator?

Follow these steps to use the Taurus SIP Calculator:

• Open the online calculator.
• Choose your monthly investment amount.
• Choose the investment period.
• Enter the expected rate of return.

The Taurus SIP Calculator will churn out the estimated future value of your investment within seconds.

How can Taurus SIP Calculator help you?

• The Taurus SIP Calculator shows how regular payments can boost your investments.
• It estimates future returns which depend on investment amount and duration.
• The SIP calculator helps to organise funds and budget planning.
• By using the SIP calculator of Taurus you can analyse different investment scenarios.
• You can monitor your investment toward financial goals.

Examples of Taurus SIP growth

Example 1:

• Monthly Investment: ₹5,000
• Duration: 5 years
• Expected Annual Rate of Return: 10%
• Total Investment: ₹5,000 × 12 months × 5 years = ₹3,00,000
• Expected Gain: ₹90,412
• Future Value: Approximately ₹3,90,412

Example 2:

• Monthly Investment: ₹10,000
• Duration: 5 years
• Expected Annual Rate of Return: 10%
• Expected Gain: ₹1,80,824
• Total Investment: ₹10,000 × 12 months × 5 years = ₹6,00,000
• Future Value: Approximately ₹7,80,824