Investing Made Easy with the New SIP Calculator

Jul 30
07:49

2017

Dishika Baheti

Dishika Baheti

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This article aims to draw one’s attention to the importance of the ‘SIP Calculator’ in the financial world and how it enlightens the investors in finding new ways to achieve high riches.

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SIP (Systematic Investment Plan) is an investment method under which bits of money is invested in the market on a monthly/quarterly basis. Its operating model is similar to that of a recurring deposit whereby a fixed investment is made on a regular basis. Since this system involves systematic approach towards investment,Investing Made Easy with the New SIP Calculator Articles its name is SIP. However, arriving at the correct SIP amount depends upon the varied needs of the investors. To calculate this, a powerful tool such as an ‘SIP Calculator’ is required, which breaks down the ambiguity of deciding on the amount to invest and allows the freedom of enjoying long-term benefits.

How to Get Started With the SIP Return Calculator?

When the question of doing SIP arises, preparing oneself is as important as getting on the field. There are four simple steps that need to be followed before you start investing in an SIP:

  • Determining your financial goals – Your goals should be clear and achievable.
  • Deciding the time frequency – Find out for how long you’d continue; this will decide your investment tenure.
  • Analysing the capacity to invest – With the help of the SIP calculator, you can easily figure out the amount you’d need to invest periodically in order to accomplish your financial goals.
  • Professional advisory – Take the help of a professional financial advisor to figure out which mutual fund plan would suit your needs well.

Hence, the SIP calculator does the home work for you in figuring out the back end calculations and helps in identifying the right amount to invest over the decided time frame. Not only it will help you in having a better understanding of the counseling you’d obtain from your advisor, but will also boost your confidence in making decisions that are paralleled to your financial mission.

Qualities of the SIP Calculator

Quick Action: If compared with the standard tools, SIP calculator is way ahead in terms of functionality and promptness. Speaking of its algorithmic base, this thing has got an image of a macho in knocking-down complex calculations in the blink of an eye.

Paperless Communication: Being an online tool, it contributes in saving the eco system and making the planet Earth greener by avoiding the use of any kind of paper gears.

Painless Operation: When it comes to easy functionalities, the SIP planner beats its competitors by a heavy margin. Just punch in three details – the desired amount of investment, preferred time horizon, and expected returns – and you’d get a detailed insight of the future value of your investment. Simple. Elegant. Awesome.

Universal Tool: The SIP calculator is designed with such precision that not only helps the people who have aced finance, but is also a phenomenal guide to newbies who can juggle with different calculations and discover the finest investment choice.

Thus, travelling on the road of systematic investment in mutual funds will save you from falling into the pitfalls of equity investment, and grant you the chance of enjoying superior returns. The SIP Calculator will exhibit that how investments, when made in small amounts at regular intervals, can fetch much higher returns over a long period of time.

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