Nippon India Mutual Fund SIP Calculator

Calculate the returns of your mutual fund SIP investment in just a few minutes.

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Monthly SIP Amount

SIP Period

years

Expected Return Rate (p.a)

%

Investment

Estimated Returns

Invested amount

₹ 30,00,000

Estimated returns

₹ 39,66,432

Total value

₹ 69,66,432

Welcome to Nippon India Mutual Fund SIP Calculator. Nippon India Mutual Fund, earlier known as Reliance Mutual Fund, is one of the most popular and fastest growing mutual fund houses in India. Being in existence for more than 25 years, Nippon India Mutual Fund is known for its innovative investment strategies and customer-centric approach. It offers a wide range of mutual fund schemes to cater to the diverse needs of investors.

Using the Nippon India Mutual Fund SIP Calculator to calculate returns is a breeze. Just enter the SIP amount, the expected return, and the duration of your savings. The calculator will then give an estimate of the potential return on your SIP investment. It doesn’t get easier than this!

Whether you already have a few pennies in your kitty or are investing for the first time, this calculator can be your handy planning tool for making informed decisions.

The Nippon India Mutual Fund SIP calculator uses the following formula to calculate the future value of an investment:

Future value = P × (1+ r/100) ^n

where:

  • P = SIP amount
  • r = expected annual return
  • n = number of SIP installments

This formula may be complex if you wish to use it manually to calculate potential future value of your investment. However, if you use the online calculator, you get the answer in just a few seconds.

  • More efficient financial planning: The calculator gives you a rough estimate on how much you can make on your investments, before tax. This helps you prepare for your financial plans more strategically.
  • Convenience: The calculator is simple to use and pretty straightforward, which means anyone can use it with ease.
  • Rupee cost averaging: SIPs help you benefit from rupee cost averaging, as you get more mutual fund units when the stock prices are low and vice versa. This potentially reduces the average price over a long period of time.
  • Flexibility and convenience: There are options to pause, stop and top-up your SIPs, making them a flexible and convenient mode of investing.

There is no limit on the wide variety of SIPs you can invest in. You can spend money on more than one SIP through different mutual fund schemes and fund houses, primarily based on your economic objective, risk tolerance, and time frame. Investing in more than one SIP permits you to diversify your investment portfolio and lower overall portfolio risk. Just make certain that you pick out funds that align with your investment goals and do an assessment of your investments once a year.

If you omit an SIP instalment, say due to inadequate funds in the bank account, the mutual fund company will now not be able to allot any units for that specific month. However, missing an SIP instalment does not have any immediate consequence, and you may continue with your SIP as usual within the subsequent months. It’s important to look at your investments regularly and make sure you’re moving towards your financial dreams. If you miss the SIP installment, keep in mind that you will have to increase your savings over the next few months to make up for the loss.

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