ETMONEY's SIP Calculator Tool Helps In Projecting Your Investments The Right Way.
The SIP calculator tool helps you in keeping your investments on track. Read on to know more about it.
There are still many misconceptions about SIPs (Systematic Investment Plan). For those who are unaware, SIPs are all about investing in a systematic manner. To give you a clear picture of how much your investments would yield at the end of the tenure, we have the SIP tool which helps in giving you exact numbers on entering the investment amount in it. Systematic Investment Plan or SIP is a process where one invests a fixed amount at regular intervals, which can be weekly, quarterly, or monthly. When it comes to investing, many are confused and are unable to get a clear picture of where they are heading, that’s where a SIP calculator tool comes in handy that allows individuals to get an idea of the projected returns on their investments made through SIP. One can say that SIPs have become one of the most popular investment options for present day investors, and the introduction of such a tool has been a boon in disguise for many who were unable to understand its workings.
So how do these SIP return calculators really work? These tools are designed to give potential investors an exact estimate on their investments. One gets a rough estimate of the maturity amount of your monthly SIP, based on a projected annual return rate. There are many online SIP calculators available today, but one of the best amongst the lot is ETMONEY’s SIP Calculator, which gives you the projected amount in a few clicks. There’s an option to enter your preferred investment amount along with the desired monthly investment amount, followed by the number of years you want to stay invested. You also have to choose your investment strategy between aggressive, conservative, balanced and custom, and once you enter these details you will get the projected amount that you will receive on the expiry of the tenure.
To know more on how ET Money’s SIP calculator can help you manage your investments, visit www.etmoney.com/tools-and-calculators/sip-calculator
