Sqrrl SIP Calculator




SIP or Systematic Investment Plan allows an investor to invest a fixed amount of money regularly in a mutual fund scheme.





Summary

Expected Amount Rs.
Amount Invested Rs.
Wealth Gain Rs.
Projected returns for various time durations.
DurationAmount (₹)Future Value (₹)


What is SIP?

SIP is a systematic and regular method of investing in mutual funds. It enforces a disciplined approach towards investing and infuses regular saving habits. A Systematic Investment Plan allows an investor to invest a fixed amount regularly in a mutual fund scheme, eliminating the need to worry about the market conditions before investing. SIPs entail regularly investing in the market over a long interval of time, which increases the chances of you fulfilling your financial goals and minimising the risk factor involved due to turbulences in the market.



What is a SIP Calculator?

A SIP calculator shows the amount of returns one can expect, after investing for a certain period. All you need to do is feed in the monthly amount you wish to invest, the time period you wish to invest for and the kind of returns you expect to generate. Remember that the realisticrate of return that you should expect should be in the range of 9% to 15%, which again depends on the fund selection, your investment timeperiod and the good old market conditions.



How to invest in SIP?

Once you download the Sqrrl app and complete your KYC, what follows is a simple two-step process.


  • Give a name to your SIP. (optional)
  • Select your monthly investment and the tenure.

You’ll then be showed the returns potential for 3 years, 5 years and 10 years, from where you can see the suggested portfolio distribution and start your investment. If you’re a new investor on Sqrrl, you will be asked to map your risk profile (only once) before you make the payment. We do this so that our recommendations align with your risk appetite – the amount of risk you can take.



Where does a SIP invests my money?

There’s this misconception that investing in mutual funds / SIPs means investing in stocks. SIP usually invests in the three asset classes of equity, debt and hybrid, which depends on the investment horizon and risk-taking capability of an individual. But since the idea is to generate long-term returns, SIP investments when investing in equity & equity-oriented hybrid funds.



What are the benefits of SIP?

Once you download the Sqrrl app and complete your KYC, what follows is a simple two-step process.


  • Instil an investment habit in the investors and eliminate the hassles with timing your investments.
  • Can be started with as low as Rs 100 / 500.
  • Generates good long term returns on your invested sum.
  • Power of Compounding – As your investment starts generating returns, these returns get added to the principal amount, which in turn togethergenerates more returns.

What if I miss my SIP dates or don’t have sufficient money in my bank account?

One of the cool things about SIP is in case you miss your payments, there’s no penalty. Your investment will continue to be active and you can resume your payments anytime. But with auto-debit feature, you don’t even need to remember your investment dates. Your account will be auto-debited on your stipulated date and you even receive notifications to keep your account funded as your investment date approaches.



Top 10 Mutual Funds - India

Best performing mutual funds to invest (SIP) in India.

I. Multi Cap Funds

Fund NameReturns (%) * ➡️ 5y7y10y
Aditya Birla Sun Life Equity Fund - GrowthInvest Now6.7712.212.52
SBI Magnum Multi Cap Fund - GrowthInvest Now8.413.212.98
ICICI Prudential Multicap Fund - GrowthInvest Now6.5311.0311.66
DSP Equity Fund - Reg - DividendInvest Now7.211111.03
UTI Equity Fund - GrowthInvest Now6.2910.0511.16
* Returns are calculated as on 16th August, 2019.

II. Tax Saving Funds (ELSS)

Fund Name Returns (%) * ➡️ 5y7y10y
DSP Tax Saver Fund - GrowthInvest Now8.312.7613.24
Invesco India Tax Plan - GrowthInvest Now7.1712.0812.94
Aditya Birla Sun Life Tax Relief 96 - GrowthInvest Now6.0311.7712.25
Kotak Taxsaver - Reg - GrowthInvest Now7.5611.4611.26
Canara Robeco Equity Tax Saver Fund - GrowthInvest Now7.1610.3211.04
* Returns are calculated as on 16th August, 2019.

III. Small Cap Funds

Fund NameReturns (%) * ➡️ 5y7y10y
DSP Small Cap Fund - Reg - GrowthInvest Now0.221214.3
Franklin India Smaller Companies Fund - GrowthInvest Now0.8411.1314.25
HDFC Small Cap Fund - GrowthInvest Now6.4311.6812.29
Kotak Small Cap Fund - Reg - GrowthInvest Now29.7211.51
Aditya Birla Sun Life Small Cap Fund - GrowthInvest Now-0.38.6110.61
* Returns are calculated as on 16th August, 2019.

IV. Mid Cap Funds

Fund NameReturns (%) * ➡️ 5y7y10y
Franklin India Prima Fund - GrowthInvest Now5.2312.7714.59
Kotak Emerging Equity Scheme - Growthinvest Now5.8513.7814.48
HDFC Mid-Cap Opportunities Fund - GrowthInvest Now3.9811.9214.28
DSP Midcap Fund - Reg - GrowthInvest Now5.931313.81
Reliance Growth - GrowthInvest Now5.3210.3810.69
*Returns are calculated as on 16th August, 2019.