In this era of inflation, where the price of goods and services are swelling day by day, people are craving to make investments so as to two-fold their wealth creation and secure their family and future. In this point of time, when making investments or savings has become de rigueur, investing in mutual funds have turned out to be the icing on the cake.
Among the risk based fund recommendations, SIP mutual fund scheme holds the major rank. A majority of investors prefers to choose this plan owing to its endless benefits that include the making small investments periodically.
Systematic Investment Plan (SIP), no doubt, has never ceased to amaze the investors with its high returns in the end. This return can be estimated using SIP return calculator or the lump sum calculator that evaluate the returns in terms of the monthly principal amount based on your investment. One just needs to place the figures of their principal amount that he or she desires to invest in SIP and calculate the approximate earnings on the investment in the given time period.
Mutual Funds SIP Return Calculator has multiple benefits associated with it. Let us study them all.
1. Simple and can work with ease: Like a normal scientific or mathematical calculator, SIP calculator also works simple and with ease. Potential investors who are likely to invest in SIP can easily calculate their expected return with respect to their principal investments. As a consequence, investors find it easy to plan out their investments, thus meeting their financial goals, especially those are made for the long term.
2. User-friendly: While calculating the monthly investments using SIP return calculator, no extra details is required. Only the principal amount of investment along with the tenure or time period for the investments and rate of return is enough to calculate the estimated statistics. Thus it can be inferred that the system is user-friendly.
3. Cost-effective: The whole procedure is cost-effective as it is absolutely free of cost. One can use it online and get leverage from it. Not just for the first-time investors, for the experienced investors, it has turned out be the most effective and beneficial.
4. Detail about Investments: Finally, by calculating the approximate earnings of your investment, it allows the investors to learn more about the investments in a prior manner. Henceforth, it paves the way to make a perfect financial plan so as to reach the financial goal and achieve the dream.
Just like SIP return calculator, SIP planner is used to plan all your SIP investments easily in just a few seconds. This planner in a matter of seconds makes SIP investment related calculations easier, thus enabling the investors to save time and invest from the comfort zone. It basically, offers complete freedom to the investors by taking overall responsibility for all the investments.
Reaching the conclusion, SIP planner calculates the principal amount that the investors desire to invest based on some basic details such as:
1. Principal amount to be invested on monthly basis.
2. The expected annual return rate.
3. Tenure of investment.
In a whole both SIP planner and SIP return calculator make computations easier and faster. Therefore it is always advices before establishing any relationship with the risk based fund recommendations allocated by the financial advisors, calculate your SIP earnings so as to make a perfect financial plan.
One may even consult the financial advisors like Wealthclock Advisors before commiting to any wealth creation investments.