📈 What is a SIP Calculator?

A SIP (Systematic Investment Plan) Calculator helps you estimate the future value of your monthly investments in mutual funds.

👉 It shows:

• Total investment
• Wealth gained
• Final value

🎯 How to Use a SIP Calculator

1. Enter Monthly Investment
   • Example: ₹5,000
2. Enter Expected Return (%)
   • Example: 12% per year
3. Enter Time Period
   • Example: 10 years
4. Click “Calculate”
5. View Result
   • Total invested amount
   • Interest earned
   • Final maturity value

📊 Formula Used

👉 FV = P × [ ( (1 + r)^n – 1 ) / r ] × (1 + r)

Where:

• P = Monthly investment
• r = Monthly interest rate
• n = Number of months

📊 Example

👉 Monthly = ₹5,000
👉 Rate = 12%
👉 Time = 10 years

➡️ Invested = ₹6,00,000
➡️ Returns ≈ ₹5,00,000
➡️ Final Value ≈ ₹11,00,000 (approx)

⚡ Common Uses

• 📈 Mutual fund planning
• 💰 Long-term wealth creation
• 🏦 Investment strategy
• 🎯 Financial goals