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Target Amount SIP Calculator

A Target Amount SIP (Systematic Investment Plan) Calculator is a financial tool that helps you determine the monthly investment required to achieve a specific financial goal within a set timeframe. By inputting your target amount, investment period, expected rate of return, and considering factors like inflation, the calculator estimates the monthly SIP needed to reach your objective.

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Target Amount (Rs)
500
Investment Period (in years)
1
The expected rate of inflation over the years (% per annum)
1
What rate of return would you expect your SIP investment to generate (% per annum)
1
Rs. 2,16,09,712
Your targeted Amount
30 Years
Number of years you need to save
Rs. 2,483
Monthly SIP investment required
Rs. 2,483
Total Amount Invested through SIP in 30 years
Rs. 2,17,10,408
Total Growth Amount

FAQ

Frequently Asked Question

What is a mutual fund?
A mutual fund is a pooled investment vehicle that collects money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. It is managed by professional fund managers.
How do mutual funds work?
Investors buy units of a mutual fund, and their money is combined with others. The fund manager uses this pool to invest in various assets. Any gains or losses are distributed proportionally among the investors based on their units.
Are mutual funds safe?
Mutual funds are subject to market risks. However, the risk level varies depending on the type of fund. For example, equity funds are higher-risk, while debt funds are relatively safer.
Can I lose money in mutual funds?
Yes, mutual funds are linked to market performance, so there is a risk of loss. The extent of loss depends on the type of fund and market conditions.
What is the expense ratio?
The expense ratio is the annual fee charged by the mutual fund to manage your investments, expressed as a percentage of the fund's assets.