Home Calculators Groww SIP Calculator

Groww SIP Calculator Online

Calculate the future value of your SIP investment

I know my

Goal Amount

Expected Return (P.A)

Time Period

Summary

To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.

Summary

To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.

Total Investment Breakup

Lumpsum Investment

Interest Earned

Total Investment

Year Investment
Amount (₹)
Wealth
Gained (₹)
Expected
Amount (₹)

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Groww SIP Calculator Online

All you need to know about Groww Systematic Investment Plan (SIP) Calculator

The Groww SIP Calculator is a vital tool for investors looking to estimate the potential returns from their investments in a systematic investment plan (SIP). Whether you’re new to SIPs or an experienced investor, the Groww SIP Calculator helps plan and track your investment journey effectively.

What is the Groww SIP Calculator?

The Groww SIP Calculator is an online tool designed to estimate the future value of your investments in mutual funds via SIP. It calculates the maturity amount based on key inputs like how much you have invested, expected return rate, and investment duration. This helps users in making informed decisions and planning their financial goals effectively.

How to Use Groww SIP Calculator?

Using the Groww SIP calculator is simple and user-friendly. Below is a step-by-step guide:

  • Enter the Monthly Investment Amount: Suppose you want to invest ₹1,000 per month.
  • Input Expected Annual Return Rate: Enter the rate, let’s assume 12%.
  • Enter the Investment Duration: Choose the time period (e.g., 1, 5, 10, 15, or 20 years).
  • View Results: The calculator will show the estimated returns based on your inputs.

Here’s an example with ₹1,000 monthly investments:

Years Total Investment Estimated Returns Future Value
1 ₹12,000 ₹741 ₹12,741
5 ₹60,000 ₹21,616 ₹81,616
10 ₹1,20,000 ₹99,604 ₹2,19,604
15 ₹1,80,000 ₹2,79,566 ₹4,59,566
20 ₹2,40,000 ₹6,65,205 ₹9,05,205

Formula for Groww SIP Calculator

The formula used by the Groww mutual fund SIP calculator to estimate future value is:

FV=P×(r(1+r)n−1​)×(1+r)

Where:

  • FV = Future Value of the investment
  • P = SIP amount (monthly investment)
  • r = Periodic rate of interest
  • n = Number of SIP instalments

Example of Groww SIP Calculation

Let’s assume you invest ₹10,000 monthly with an expected annual return of 12%. Using the formula:

Years Total Investment Estimated Returns Future Value
1 ₹1,20,000 ₹7,410 ₹1,27,410
5 ₹6,00,000 ₹2,16,159 ₹8,16,159
10 ₹12,00,000 ₹9,96,042 ₹21,96,042

 

How Can Groww SIP Calculator Help You?

The Groww SIP Calculator India can help you in the following ways:

  • Plan Investments: Estimate the future value based on your monthly contributions.
  • Track Goals: Adjust SIP contributions to meet specific financial goals.
  • Easy Projections: Get quick results and projections based on real-time inputs.

List of Groww SIP Mutual Funds

Here are some Groww SIP mutual funds with their returns:

Mutual Fund Plan 1Y Return (%) Monthly SIP () Maturity Amount ()
Groww Value Fund 37.56 10,000 1,47,448
Groww Largecap Fund 37.03 10,000 1,47,015
Groww Aggressive Hybrid Fund 30.26 10,000 1,41,608
Groww Short Duration Fund 8.26 10,000 1,25,507
Groww Dynamic Bond Fund 8.25 10,000 1,25,500
Groww Liquid Fund 7.39 10,000 1,24,914
Groww Overnight Fund 6.74 10,000 1,24,473

Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

Advantages of Using Groww SIP Calculator

  • Accurate Projections: It provides reliable estimates of future investments.
  • Time-Saving: It automates calculations and helps you save time on manual estimations
  • Goal Planning: You can adjust SIPs as per your long-term or short-term goals.
  • User-Friendly Interface: The Groww SIP calculator online is easy to use.

The Groww SIP returns calculator is a helpful tool that simplifies the investment process by giving you a clear view of your financial goals. It allows you to understand the impact of periodic investments and helps you to plan better.

Frequently Asked Questions

What is an SIP Calculator?

A tool that estimates the future value of SIP investments based on the monthly amount, interest rate, and time period is called SIP calculator.

How accurate is the Groww SIP Calculator?

It provides an estimation based on historical data and expected returns, though actual results may vary due to market fluctuations.

Can I use the Groww SIP Calculator for different time periods?

Yes, you can customise the time period and see projections for any investment duration.

Is the Groww SIP Calculator free to use?

Yes, the calculator is free and available to all users on the smallcase platform.

What is the formula used in the Groww SIP Calculator?

The formula is Future value (FV) = P x {[(1 + r) n – 1] ÷ r} x (1 + r) where FV is the future value, P is the SIP amount, r is the rate of return, and n is the number of payments.

Does Groww SIP have a lock-in period?

The lock-in period varies on the scheme you’ve invested in. For example, for ELSS investments it is 3 years while for other debt funds the lock-period varies between 3 months to 3 years.

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