SIP Calculator
How SIP is Calculated?
Future Value ≈ [P × ((1 + R)N - 1) / R] × (1 + R) with step-up
Where:
P = Monthly Investment
R = Monthly Interest Rate
N = Total Periods per year
Step-up = Annual increase in investment
Future Value ≈ [P × ((1 + R)N - 1) / R] × (1 + R) with step-up
Where:
P = Monthly Investment
R = Monthly Interest Rate
N = Total Periods per year
Step-up = Annual increase in investment