SIP Calculator 📊
Project the **future value** of your Systematic Investment Plan (SIP) and estimate your potential wealth creation over time.
SIP Parameters
SIP Future Value Formula
A SIP is modeled as a **Future Value of an Annuity**, where regular payments (the SIP installments) grow at a compound rate.
The Formula
FV = PMT × (((1 + i)ⁿ - 1) / i) × (1 + i)
Where:
FV = Future Value (Final Corpus)
PMT = Monthly Installment
i = Rate of Interest per period (Annual Rate / 12)
n = Total number of installments (Years × 12)
(1 + i) = Adjustment for payment made at the beginning of the period (Assumed for SIP)
**Note:** This calculator assumes monthly compounding and monthly contributions.