Systematic Investment Plan is the strategic investment that allows an investor to park a certain amount of money at regular intervals. The investor can invest weekly, monthly or quarterly according to the availability of funds instead of lumpsum intervals that requires an investor to pay the huge amount in single amount. It is a simple and convenient way of wealth creation through investment.
It is a hassle-free process as the specific amount is automatically debited from the account on the specific date. The amount debited amount is invested in the schemes chosen by the investor. Based on the present day Net Asset Value certain number of units are allocated to the investor.
An investor doesn’t need to time the market. By taking the help of SIP Return Calculator, one can even get to know that how small investments made at regular time intervals can garner better returns over a long time period.
SIP Return Calculator
By using Mutual Fund SIP Return Calculator, an investor can examine the returns accrued on their SIP investments in a specified fund till date. All you need to do is to follow the steps for using the calculator:
- Choose the name of AMC you would like to invest.
- Choose the scheme name of that particular AMC you would like to invest.
- Enter your amount of investment in INR.
- Enter your SIP frequency-Monthly or Quarterly.
- Enter your SIP date from the beginning date of your investment till its maturity.
Benefits of SIP Calculator
Using the calculator one can estimate the gains. It is advantageous in following ways:
- SIP calculators can be used online free of cost and can be used anytime.
- They provide the error free result and anticipate your futuristic goals.
- The calculator is making fast calculation and can assist in deciding the right investment amount according to the future objectives.
- It is beneficial for the first time investor as it provide them the accurate result to compute the estimated future gains.
- It provides a user-friendly interface where the user has to enter just few details and get the reliable result.
Now, what is most important is the selection of funds in which to invest. Here is when the investor has to put certain efforts. The funds should be chosen according to the risk appetite, investment horizon and objective of investment. Also, what matters is the amount you are willing to invest through Systematic Investment Plan. However, based on the past performance here is a list of top performing mutual funds –
ABSL Top 100 (G)
ABSL Top 100 – Direct (G)
Kotak Select Focus Fund – Direct (G)
Kotak Select Focus Fund – Regular (G)
SBI Blue Chip Fund (G)
SBI Blue Chip Fund – Direct (G)
Small & Mid Cap
L&T Emerging Businesses Fund-DP (G)
L&T Emerging Businesses Fund-RP (G)
L&T Midcap Fund (G)
L&T Midcap Fund -Direct (G)
Mirae Emerging Bluechip Fund (G)
Mirae Emerging Bluechip -Direct (G)
ABSL India GenNext (G)
ABSL India GenNext-Direct (G)
Motilal Focused Multicap 35 -DP (G)
Motilal Focused Multicap 35 -RP (G)
Principal Emerging Bluechip(G)
Principal Emer-Bluechip -Direct (G)
Sundaram Rural India Fund (G)
Sundaram Rural India -Direct (G)
Tata Equity P/E Fund – Direct (G)
Tata Equity P/E Fund (G)
Thematic – Infrastructure
IDFC Infrastructure – Direct (G)
IDFC Infrastructure – Plan A (G)
L&T Tax Advantage -Direct (G)
Tata India Tax Savings Fund – Direct (G)
Tata India Tax Savings Fund – Reg (G)
Kotak Nifty ETF
Debt Long Term
ICICI Pru Long Term – Direct (G)
ICICI Pru Long Term Plan-RP (G)
SBI Dynamic Bond Fund (G)
SBI Dynamic Bond Fund – Direct (G)
UTI Dynamic Bond Fund (G)
UTI Dynamic Bond Fund – Direct (G)
Debt Short Term
HDFC Medium Term Opport. (G)
IDFC SSIF – MTP – Regular (G)
IDFC SSIF – MTP – Direct (G)
LIC Income Plus Fund (G)
LIC Income Plus -Direct (G)
Tata Short Term Bond – Direct (G)
UTI Banking & PSU Debt-Dir (G)
UTI Banking & PSU Debt-Reg (G)
Credit Opportunities Funds
Franklin (I) Low Duration (G)
Franklin (I) Low Duration (QD)
Franklin (I) Low Dura. -Direct (G)
Reliance Corporate Bond Fund (G)
Reliance Corporate Bond – DP (G)
HDFC Balanced Fund (G)
HDFC Balanced Fund – Direct (G)
Gilt Long Term
Reliance Gilt Sec. – Direct (G)
Reliance Gilt Sec. – RP (G)
SBI Magnum Gilt – LTP – Direct (G)
UTI Gilt Advantage – LTP (G)
Disclaimer – Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.