SIP Calculator
SIP Calculator – Take calculated risk
Rather than investing huge chunks of money, build your wealth with one small step at a time!
The Monexo SIP calculator is a useful tool for calculating the returns you can get from investing in Systematic Investment Plans (SIP) via Monexo Grow. The Monexo SIP calculator gives investors an insight into how much they can expect to gain from investing a fixed sum of money regularly over time.
Advantages of SIP Calculator
The Monexo SIP Investment Calculator helps users to understand how much they need to invest, and how their money will grow in the long run if they want to reach specific financial targets.
How Does it Work?
Monexo SIP calculator is super easy to use:
Step 1
Just enter the monthly invested amount
Step 2
Enter the tenure for your investment and expected ROI
Step 3
Sit back and relax while we show you your expected returns
The Formula
The SIP calculator formula is based on the concept of compound interest. It takes into account the investment amount, investment duration, expected rate of return, and the frequency of investment. The formula can be represented as:
M = P * [(1 + r/n)^(n*t) - 1] / (r/n)
Where: M = The maturity amount or future value of the investment
P = The investment amount per installment
r = The annual rate of interest (expressed as a decimal)
n = The number of compounding periods per year
t = The investment duration in years
Take advantage of the power of compounding and make informed investment decisions with our SIP Calculator.
Start Planning Your Investment Journey
Frequently Asked Questions
The Monexo Grow Systematic Investment Plan is a better investment option than Fixed Deposit, especially when you consider the flexibility of investment, benefits of diversification, and tax advantages.
Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Monexo, and does not provide any assurance for repayment of the loans lent on it.
Monexo Fintech Private Limited (www.monexo.co) is having a valid certificate of registration (CoR), dated 28th June 2018, issued by Reserve Bank of India under Section 45 IA of the Reserve bank of India Act, 1934.
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