SIP CALCULATOR

An SIP Calculator is an online tool that allows you to estimate the returns on your Mutual Fund investments, usually before you invest in them through one or more Systematic Investment Plans. It is simply a roadmap to help an investor seamlessly integrate SIP investments in his/her portfolio. However, the actual returns offered by a Mutual Fund scheme varies depending on various factors.

ICICI Bank’s SIP Calculator assists you to determine the amount you can invest to achieve a desire corpus. Additionally SIP return calculator helps you to determine the accumulated amount over certain number of years with specified rate of return.

Steps to use SIP Calculator for Target Amount

• Start by choosing your investment amount, ranging from Re 1 to Rs 1 crore
• Next, choose the type of investment - monthly SIP, quarterly or at once (a lump sum amount)
• Next, choose the investment tenure that ranges from 1 to 50 years
• Select the rate of interest that could range from 1% to 100% of your investment
• ICICI Bank’s SIP Calculator will give you results based on your inputs. You will get an estimate for your total amount of investment, returns and total wealth accumulation.

Steps to use SIP Calculator for current investment amount

• Choose your investment amount according to your financial capacity, with options ranging from Re 1 to Rs 1 crore
• Decide whether you want to invest through monthly SIPs, quarterly payments or a lump sum amount, as per your convenience and financial goals
• Choose a tenure that aligns with your investment objectives, with options ranging from 1 to 50 years
• Customise your investment by selecting an interest rate that suits your risk appetite and financial expectations, with choices ranging from 1% to 100% ROI
• Use ICICI Bank’s SIP Return Calculator to get accurate estimates for your total investment, projected returns and accumulated wealth.

No, an SIP calculator cannot guarantee accurate future returns. It can provide estimates based on historical data and assumptions, but market conditions are unpredictable and investments carry risks. Actual returns may vary significantly from the calculator's projections, making it essential to use SIP calculators as a rough planning tool rather than a guarantee of future performance.

The expected rate of return in an SIP calculator is crucial because it helps investors estimate their future wealth growth. A higher expected return can lead to a larger corpus, while a lower return may necessitate higher contributions. Accurate rate predictions are vital for setting realistic investment goals and making informed financial decisions.

You can invest any amount in a Systematic Investment Plan (SIP), starting from as low as Rs 500 per month. There is no upper limit, providing flexibility to invest according to your financial goals and capabilities. Whether you are a conservative or an experienced investor, SIPs offer an accessible and customisable investment option.

Mutual fund investments are subject to market risks, please read all scheme related documents carefully. ICICI Bank Limited shall not be liable or responsible for any loss or shortfall resulting from the operations of the Mutual Fund scheme. Terms and conditions of ICICI Bank and third parties apply.

The final value of the investment shown is before deduction of taxes and the investor may incur tax liability on the capital gains. The output provided by the calculator should not be considered as an investment advice, nor as indicative of the performance of any scheme(s) distributed by ICICI Bank. ICICI Bank shall not be responsible/liable for any investment decisions taken based on the output provided by the calculator. The illustration is based on various assumptions including (i) returns of the scheme(s), (ii) consistent market conditions, (iii) continuity of SIP (Systematic Investment Plan), etc. Any of the assumptions may or may not be true in all market conditions. Inflation rate considered, is basis the general market trends and historical data. Exit Load, STT (Securities Transaction Tax), Stamp Duty and tax impact are not taken into consideration in the illustration.

Investors using this calculator are advised to consult their financial advisors before making any investment decisions. This calculator aims to help investors to determine a suitable SIP instalment amount to invest in order to achieve their desired financial goals.