Calculate the future value of your monthly SIP investment. See yearly growth, total invested, and wealth gained.
SIP (Systematic Investment Plan) is investing a fixed amount every month in mutual funds. It helps build wealth through rupee cost averaging and compounding.
Historically, equity mutual funds in India have given 12-15% annual returns over long periods. Use 12% as a realistic estimate for equity SIPs.
It uses the standard SIP compound interest formula. Actual returns vary based on market performance.