FEATURED TOP LISTS Follow us on twitter
AppAdvice AppAdvice/TV WatchAware

SIP Calculator helps you to analyses your investments or plan for new investments

SIP Calculator - Returns Plan

by Devkrushna Infotech Private Limited

What is it about?

SIP Calculator helps you to analyses your investments or plan for new investments.

App Details

Version
1.0.5
Rating
(32)
Size
17Mb
Genre
Finance Productivity
Last updated
August 20, 2024
Release date
March 14, 2022
More info

App Screenshots

App Store Description

SIP Calculator helps you to analyses your investments or plan for new investments.

SIP Calculator
calculates the future value of SIP (Systematic Investment Plan) Payments.

SIP Planner
Helps you assess how much you should invest every month to get a desired amount at the end of an investment period.

Lumpsum
Mutual fund investors can use this calculator to figure out the estimated returns on their investments. Before getting into the benefits of using this calculator, one must know the types of return for a lumpsum investment.

What is SIP
SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds on a monthly basis. This is preferable mode of investment for many especially salaried people.

This smart and handy SIP calculator app calculate future value of your monthly investment in Mutual Fund, Public Provided Fund (PPF) or Fixed Deposit (FD) in bank or post office.It is very useful in planning for your long term financial goal like buying car, house or any other stuff.

Systematic Investment Plan (SIP) is a investment scheme offered by mutual fund companies.This SIP calculator helps you calculate the profit gain and returns expected for your monthly SIP investment. You get a rough estimate on the maturity amount for any monthly SIP, based on a projected annual return rate.

Just enter your Monthly Invested amount, Investment period and Expected return rate percentage (%) and this app will calculate the current value of your deposit and this will also show the final amount of your saving at the end of your invested period.

Features :
- Easy and fast way to calculate your SIP
- Maintain history of different plan and view them at any time.
- Save & Share SIP details with clients in PDF format using SMS/EMAIL.
- App Available for FREE to use.

Benefits of SIP :
1) You can start investing with a small amount
2) Lower market risk with the help of averaging
3) Higher returns with the power of compounding
4) Save income tax by investing in tax saving mutual funds and SIP plans

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to takedown@appadvice.com and your information will be removed.