Professional SIP Calculator
Use this SIP calculator from ILoveresize.com to estimate your investment growth with systematic planning. Perfect for achieving your long-term financial goals!
Returns Earned: ₹ ${returnsEarned.toFixed(2)}
Maturity Amount: ₹ ${maturityAmount.toFixed(2)}
`; drawChart(totalInvestment, returnsEarned); } function drawChart(investment, returns) { let ctx = document.getElementById('sipChart').getContext('2d'); if (window.myChart) { window.myChart.destroy(); } window.myChart = new Chart(ctx, { type: 'pie', data: { labels: ['Total Investment', 'Returns Earned'], datasets: [{ data: [investment, returns], backgroundColor: ['#4CAF50', '#FFC107'], }] }, options: { responsive: true, plugins: { legend: { position: 'bottom', } } } }); }What is SIP & How is it Calculated?
Systematic Investment Plan (SIP) is a disciplined way to invest a fixed amount in mutual funds every month.
The maturity amount is calculated using the compound interest formula:
A = P × [(1 + r)n - 1] / r × (1 + r)
Where:
- A = Maturity Amount
- P = Monthly Investment (SIP Amount)
- r = Monthly Interest Rate (Annual Rate ÷ 12)
- n = Total Investment Months (Years × 12)