Monday 11 July 2016

Want to know your return on SIP? Calculate it!

Everyone before putting  money into any transaction whether trade, shopping or investment,  desires to know the return it will fetch.
In the case of business, we calculate the profits using different techniques of management or financial accounting.
And in the case of shopping, we check out the quality of the product we are purchasing and the utility it will provide us.
As far as investments are concerned, we calculate the return on investment using formula so provided for, but do we come to know about the sure results?
No one can give an exact answer to this.

But now, while investing in SIP, one can come up with the exact returns it would fetch in the future. Yes! This can be done using the SIP investment calculator.

Understanding SIP Calculator

Just imagine, you write an assignment and at the same time you come to know the result for the same before submitting it. What will you do then? Obviously, will make corrections wherever required and then submit it. And then, you will be appreciated for the work you did.
But here, the major role is played by that source which helped you to come to know about the result.
This source in case of calculating SIP is - SIP calculator.
It is a device, using which one can calculate the future value of his/her investment in a few easy steps.
Before putting your hard-earned money into any scheme of SIP, you can easily calculate its yield.
What it requires is:
  • Your monthly investment. 
  • Number of years of investment.
  • Expected rate of return. 
as shown in the picture below.          

     
And ,
what it brings out with it is the value of your investment after such period at such rate.

By using SIP calculator, one can come to know that how a small investment made monthly can bring huge amount of returns in the long run. It definitely helps to take a strong decision regarding one’s investment.

Features of SIP calculator:

  • It requires just a few entries to be made and comes out with the result.
  • It gives an accurate result instead of any approximate.
  • It helps in making your plan a successful one.
  • It helps to save time.
  • being non-technical in nature, it is easy to use.
Hence, with the very useful features, we can easily come to know that SIP calculator is the best tool available at My SIP Online, provided for investing in SIP online

In the present scenario, where online SIP is on the growing pace, SIP calculator is proving to be the most efficient tool. Due to its nature of accuracy, it is being used by everyone and is a very helping tool for online SIP. So just do not wait and try it now to plan your investment.

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