Canara Robeco SIP Calculator

Canara Bank joined hands with Robeco Group to launch the Canara Robeco Funds. Investors can invest in Canara Robeco Funds through SIPs or the lump sum investment method. The Canara Robeco SIP calculator is a robust online tool that facilitates the estimation of returns on SIP investments. It helps you assess the future growth of your mutual fund investment when invested today. 

The calculator compares multiple SIP schemes simultaneously. It uses current data to predict the future while duly considering market patterns. The tool saves you from tedious SIP return calculations and provides room for analysis of a SIP product on several crucial parameters that can otherwise go unaddressed. 

Precisely, the mutual fund calculator Canara Robeco offers an estimated return based on the information fed to it by you. The tool does not guarantee any returns. The actual returns can vary from the estimated returns depending on market fluctuations.

You need to provide basic information about your investment to seek results from the calculator, including data such as the amount invested, tenure, estimated return, and step-up SIP amount. The Canara Robeco mutual fund SIP Calculator generates results in graphical and tabular formats for effortless interpretation. The SIP calculator displays the total investment amount, prospective capital gains, and predicted maturity amount. 

The Canara Robeco SIP interest rate calculator works on investment and target amount strategies. You can employ the investment amount strategy based on your monthly investment capacity. Contrarily, the target amount strategy works when you know how much you want to earn but do not know how to plan the investment schedule. The calculator provides an estimate of the returns on the maturity amount based on three distinct growth parameters, namely ‘above-average,’ ‘average,’ and ‘below-average’ returns. 

The Canara Robeco SIP calculator is a powerful tool that estimates the Future Value of returns of any Caranara Robeco Mutual Fund scheme. To use it, you must provide certain basic information to the portal, including your preferred monthly investment amount, tenure, expected ROI, etc. 

The calculator assesses the market trends and your requirements to give an expected future return value of an investment. It automatically estimates the potential profits at the maturity of the investment scheme. The sip return calculator Canara Robeco provides the expected amount in a chart or table format to enhance understanding of the preferred mutual fund's product.

Formula to Calculate Canara Robeco SIP Returns

The Canara Robeco SIP Calculator uses the following formula to ascertain the Rate of Investment (ROI) on mutual fund schemes:

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

The variables in the given formula represent the following:

If you are new to mutual funds, this calculation can consume your precious time. However, with the Canara Robeco SIP calculator, you can leave the estimation on the tool and focus on strengthening your investment portfolio further. 

Illustration

Mr ABC invests INR 1,000 per month in the Canara Bank SIP scheme for one year at a 12% interest rate. His future estimated maturity return would be:

Total amount invested: INR 12,000

Formula application- 1,000 ({[1 + 0.01] ^ {12 – 1} / 0.01) x (1 + 0.01)= 12,809

Expected return amount: INR 12,809 (approx.)

Profit: INR 809 (approx.)

The estimated Future Returns for various investment time frames are given here. Have a look:

The Canara Robeco SIP calculator offers a simple, effective, and reliable interface for ascertaining investment returns. You need to provide the basic details about your mutual fund scheme to the tool to get the result displayed on your screens. The main steps required to be followed by you to seek results from the Canara Robeco SIP calculator are:

• Fill in the preferred investment amount. You can enter the amount or move the slider to your preferred investment amount. 
• Choose the expected yearly growth rate you aspire to achieve by dragging the slider.
• Select the SIP tenure you find convenient.
• Select the step-up percentage. It is the yearly surge in the investment amount in sync with an increase in the investor’s income. 
• The Canara Robeco mutual fund calculator reads the information and provides your chosen mutual fund scheme's total investment amount, interest, and expected maturity amount you might earn in the future.

• The Canara Robeco SIP calculator provides the estimated returns at the end of the SIP tenure. It also helps to ascertain the monthly investment amount based on the expected earnings of the investor. 
• The calculation tool is simple to use. The interface ensures minimum hassle to the investors. 
• It offers a graphical and tabular representation of estimated returns. You can analyze the data provided by the SIP calculator and make informed decisions. 
• The step-up feature available within the Canara Robeco SIP calculator can help you realize your financial goals quickly. You can access the step-up details in a tabular format on the interface. 
• The Canara Robeco mutual fund calculator compares different return scenarios and advises on the right investment choice.