Let us elucidate in detail the feature of SIP calculator and how it can benefit you. We will email you the cobranding collateral shortly. Invest as per your risk appetite and time horizon. Use our free inflation calculator to find out how much money you need for future expenses. In order to Then you need to select the date on which the amount can be debited. The calculations are not based on any judgments of the future return of the debt and equity markets / sectors or of any individual security / Schemes and should not be construed as promise on minimum returns and/or safeguard of capital. The returns are shown point to point in absolute terms. Step 3: Choose the Annual Investment Return (%). SIP investment based on assumed rate of returns and does not guarantee any returns. In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor before taking any investment decision. The returns are shown point to point in absolute terms. Use SBIMF WhatsApp to get your valuation, product information, and transact with a simple WhatsApp text. added advantage of compounding. MAMF however does not warrant the accuracy, reasonableness and/or completeness of any such information. In view of the individual circumstances and risk profile, each investor is advised to consult their investment/tax adviser(s) before any investment decision. If an investor wants to make any modifications in an existing SIP, the investor must cancel the existing SIP and enroll for a fresh SIP with Step-Up option. However, when you step up your SIP investments periodically they have the chances of even building greater wealth for you. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. From the above example you can see that every month the investor is getting different number of units as the NAVs are different, but the average price is only Rs. The examples do not purport to represent the performance of any security or investments. This calculator is meant for investor education purpose only and not aimed at soliciting investments in any particular scheme of SBI Mutual Fund. in their salary or income every year. 13,079.69 as on 1st Jan14). Watch videos to learn the basic details and benefits of mutual funds, Understand financial and technical terms in the simplest of ways, Get clear and concise insights on the concept and working of mutual funds, Try some fun puzzles and games to test your knowledge of mutual funds, Read tips and articles to help you invest better and live happier, Get quick, easy answers to common, mutual fund related questions, Watch Fund Guru make mutual funds simple and interesting, Plan your financial investment journey with Mutual Funds, Complete transactions, service Fund Offer, View SBI Mutual Fund's top trending funds here, Invests its corpus in debt instruments maturing in line with the scheme tenure, Tools and calculators to let you assess These monthly investment contributions (popularly known as SIP - Systematic Investment Plan) can also increase by a certain percentage every year. investment patterns and amounts, Plan for your life goals with a simple, efficient tool Would you like to continue with some arbitrary task? For compliance pertaining to mutual funds please write to email@example.com. No, an investor cannot Step-Up an existing SIP. As the name suggests, SIP is investing a fixed amount systematically at regular intervals in a fund. A SIP is a vehicle offered by Mutual Funds which help investors invest regularly through a step by step approach to investing. The investor can step-up any SIP only if at the time of starting a fresh SIP, step-up SIP column is selected.