An SIP (Systematic Investment Plan) Calculator is an online financial tool that helps investors estimate the future value of their SIP investments in mutual funds. It provides an approximate return based on the amount invested, tenure, and expected rate of return.
Example:-
Monthly SIP: ₹5,000
Investment Duration: 10 years
Expected Annual Return: 12%
Future Value: ₹11.61 Lakhs (Approx.)