SIP Details
SIP Result
Total Invested
₹
Wealth Gained
₹
Maturity Value
₹
✔ Based on standard SIP future value formula
How SIP Returns Are Calculated
SIP returns are calculated using a future value formula that compounds monthly investments over the investment duration.
Formula:
FV = P × ((1 + r)n − 1) / r × (1 + r)
- P = Monthly SIP amount
- r = Monthly return rate (Annual rate ÷ 12 ÷ 100)
- n = Total number of months