HDFC SIP Calculator

Mutual Funds investments are ideal for investing strategically over time and building wealth. Investors can open a SIP account with 5paisa to invest in mutual funds curated by banks such as HDFC. Investing in mutual funds requires you to set a predefined amount at regular intervals that can be divided into periods such as daily, weekly, monthly, and quarterly.

Determining the regular investment amount is vital to get an adequate corpus after a certain period. The HDFC SIP calculator, a free online tool available on the 5paisa website or within the Demat account, allows users to compute returns on their mutual fund investments made through SIPs. The calculator also displays the future value of SIP investments at maturity.

The SIP calculator accurately predicts the future value of current SIP investments based on the expected rate of returns and the time you want to keep investing. The calculations allow users to adjust their investment amount per their future goals and compare various mutual fund schemes based on their expected rate of return. 

5paisa’s HDFC SIP calculator is available on the company website and account. Users can use the calculator at no cost and without creating an account or revealing personal information.

The calculator helps mutual fund investors effectively plan their SIP investments and know the value of their investment upon withdrawal. The HDFC SIP calculator is a free tool that computes mathematical equations encoded within its algorithm.

You can use the HDFC mutual fund calculator to determine the sum that needs to be invested monthly, along with the period and desired return rate. The calculator uses a mathematical equation to provide quick and accurate results. 

Mutual Funds promise high returns without the need to identify or monitor investments. HDFC Mutual funds are curated and managed by expert portfolio managers who ensure high returns without high exposure.

Most mutual fund investors invest through the SIP route, where they can control how much they will finance each month. The calculation to select an ideal monthly amount is essential as it ensures a specific return based on tangible parameters.
 

The HDFC SIP calculator provides the following features and benefits: 

• Efficiency: The HDFC SIP calculator helps determine the future value of your current investments. It also makes up for an effective tool to increase or decrease the amount based on future valuation. 

• Accuracy: The HDFC SIP interest rate calculator provides highly accurate real-time returns. The calculator assists in computing returns without requiring manual calculations, mitigating the chances of human error.

Formula to Calculate HDFC SIP Returns 

When calculating SIP returns, it is essential that the analysis is accurate and based on a proven mathematical equation. 5paisa has designed its HDFC SIP calculator based on an approved and efficient mathematical equation that can also be tested manually.

Although you can use the mutual fund calculator HDFC to quickly calculate returns by entering a few details, it is crucial to understand how the tool works. The formula to calculate SIP returns is as below. 

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

Where,

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

For example, if you want to invest Rs 1,000 in a monthly mutual fund scheme that gives 8% returns for 10 years. You can use the SIP formula below.

FV = 1,000 ({[1 + 0.006] ^ {120 – 1} / 0.006) x (1 + 0.006)

Here, the results would be

Total Investment: Rs 1,20,000 

Total SIP Value: Rs 1,84,166

Your Profits: Rs 64,166 

Here is a table to showcase various future returns until maturity.: 

The above mathematical equation can help you plan your SIP investments manually, but such calculations are always privy to human error, negatively impacting your financial plan. The HDFC mutual fund SIP calculator can predict accurate returns in less time and effort. 

HDFC is one of the biggest mutual fund houses, with numerous ideal mutual funds. Since the number of mutual funds is high, it becomes vital that you analyse them based on their return potential.

5paisa’s HDFC SIP calculator provides ease and accuracy while calculating returns quickly and efficiently. Using the calculator eliminates the need to use complex mathematical formulae to determine the returns on your SIP investments. You can get accurate results to plan your investments.

Here is the process of using the HDFC mutual fund calculator.

Step 1: Log in to your 5paisa account or visit the 5paisa website and click on the SIP calculator to navigate to the calculate page.

Step 2: Fill in the monthly amount in the “Monthly Investment” section or use the slider to set the amount.

Step 3: Use the slider or fill in the “Investment Period” to set the period you want to keep investing in the mutual fund scheme.

Step 4: Fill in the rate of return in the “Expected Return” section or use the slider to set the percentage

Finally, the calculator will present the total invested amount, wealth gained (profits), and expected amount, that is, the total value of your investments at maturity.

Experienced financial experts have designed the HDFC SIP calculator to ensure it provides all the necessary features and benefits to users while planning their finances through SIP investments. When you use the SIP return calculator HDFC, you get the following benefits: 

• Free of Cost: The HDFC SIP calculator is free for all users. You can use the calculator unlimited times to compare different schemes without paying any fee. 

• Detailed Chart: One of the best benefits of the HDFC mutual fund calculator is the detailed chart option placed below the calculator. Once you have calculated returns based on specific information, you can analyse the chart for annual return potential.