LIC SIP (Systematic Investment Plan) Calculator Online
Calculate the future value of your SIP investment
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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LIC SIP Calculator
All you need to know about LIC Systematic Investment Plan Calculator (SIP)
Getting started is easy. Instead of getting caught up in figuring out the ‘perfect’ SIP amount, why not give our LIC SIP Calculator a try? The LIC SIP calculator takes into account all the variables – your investment duration and your desired target corpus. It even offers a Step-Up feature to increase your investment gradually. And the best part? You have a range of mutual fund categories to choose from, all provided by the reliable Life Insurance Corporation. So, what are you waiting for? Let the LIC SIP Calculator guide you toward a smarter investment strategy!
What is the LIC SIP Calculator?
The LIC SIP Calculator is a financial tool that helps investors estimate the returns they can expect from a Systematic Investment Plan (SIP) in LIC Mutual Funds. The LIC SIP plan calculator is a simple tool that enables investors and individuals to project potential mutual fund returns on their investments hassle-free.
How to Use the smallcase LIC SIP Calculator Online?
The LIC SIP Plan stands as a life insurance scheme tailored for individuals, offering a unit-linked structure without participation features. Therefore, using the smallcase LIC SIP Calculator online is a straightforward and effective way to plan your investments and get a clear picture of returns.
Let’s understand how the smallcase LIC mutual fund SIP calculator works.
Step-1:
Select the fund of your choice from the list of LIC SIP plans, such as the LIC Small Cap Mutual Fund.
Step-2:
Enter the desired amount that you wish to invest every month.
Step-3:
Enter the duration you want to calculate the LIC SIP interest rate for.
Formula for LIC SIP Calculator
smallcase uses a global standardisation method to calculate the total returns you will incur on your LIC SIP. The LIC mutual fund SIP calculator formula is as follows:
FV = P [(1 (1+i) ^ n-1] * (1+i) / i
The variables in this LIC SIP plan calculator equation represent the following:
| FV | Future Value |
| P | SIP Amount |
| i | Compounded rate of return |
| r | Expected Rate on Return |
| n | Number of months |
Let’s take an example. Suppose an investor decides to make a SIP investment of ₹10,000 for a year at a return rate of 8.9% in the SIP LIC calculator.
Amount invested = ₹1,20,00
Expected return rate amount = ₹1,25,945
Interest Earned = ₹5,945
| Duration | Amount Invested Monthly | Maturity Value |
| 1 year | 10000 | ₹1,25,945 |
| 5 years | 10000 | ₹7,57,844 |
| 8 years | 10000 | ₹14,02,753 |
| 10 years | 10000 | ₹19,38,512 |
| 12 years | 10000 | ₹25,78,231 |
| 15 years | 10000 | ₹ 37,77,910 |
| 20 years | 10000 | ₹66,43,564 |
Therefore, by using the LIC SIP returns calculator, you can easily determine the SIP amount earned over the years on an initial investment of 10,000 at an annual interest rate of 8.9%.
List of SIP Plans Available with LIC
If you’re on the lookout for SIP plans, LIC has you covered. The LIC Systematic Investment Plan, or LIC SIP investment, presents an excellent opportunity to venture into mutual funds. LIC Mutual Fund offers a range of LIC SIP plans, enabling you to allocate a consistent sum of money at frequent intervals – weekly, monthly, or quarterly contributions.
Here are some of the best SIPs for 5 years in LIC:
| Mutual Fund Scheme | 5Y Return (%) | Monthly SIP (Rs.) | Maturity Amount (Rs.) |
| LIC MF Small Cap Fund | 33.03 | 10,000 | 1,347,173 |
| LIC MF Infra Fund | 32.36 | 10,000 | 1,326,170 |
| LIC MF Dividend Yield Fund | 27.58 | 10,000 | 1,184,468 |
| LIC MF Midcap Fund | 27.12 | 10,000 | 1,171,560 |
| LIC MF Healthcare Fund | 26.39 | 10,000 | 1,151,332 |
| LIC MF Large & MidCap Fund | 24.64 | 10,000 | 1,104,089 |
| LIC MF Nifty Next 50 Index Fund | 23.87 | 10,000 | 1,083,852 |
| LIC MF Value Fund | 23.21 | 10,000 | 1,066,767 |
| LIC MF ELSS Tax Saver | 20.69 | 10,000 | 1,003,715 |
| LIC MF Flexi Cap Fund | 19.37 | 10,000 | 972,031 |
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.
LIC Lumpsum Calculator on smallcase
A LIC Lumpsum Calculator is a financial tool that helps investors estimate the returns they can expect from a lumpsum investment in LIC Mutual Funds. With smallcase, you can calculate returns according via LIC SIP returns calculator. So, whether you’re considering a lump sum investment or exploring different scenarios, this calculator empowers you with accurate insights.
Here are some of the features of the LIC Lumpsum Calculator on smallcase:
- It is easy to use and understand.
- It provides accurate estimates of returns.
- It can be used to calculate the lumpsum amount required to reach a certain target corpus.
- It can be used to compare different LIC Mutual Funds.
Benefits of Using the LIC SIP Calculator
The calculator provides insights into various LIC SIP plan details, such as the impact of different contribution amounts and investment horizons on potential returns. Utilising the LIC SIP Calculator offers a range of benefits that can significantly enhance your investment decisions, such as:
- Easy to use and understand: The LIC SIP maturity calculator is designed to be user-friendly and does not require any prior knowledge of financial concepts.
- Provides Accurate Estimates of Returns: The LIC SIP returns calculator uses historical data to estimate the returns of different LIC Mutual Funds based on the current LIC SIP interest rate. However, it is not a guarantee of future results.
- Comparison of LIC SIP Plan Returns: The LIC SIP plan calculator enables users to compare different LIC SIP plan returns by adjusting variables like investment amount and tenure. This comparison helps investors choose the most suitable plan for their needs.
- Long-term Financial Planning: The LIC investment calculator assists in long-term financial planning by projecting the growth of investments over time.
To Wrap it Up…
By providing accurate estimations of LIC SIP plan returns and offering customisable options, it empowers users to make well-informed investment decisions. Whether you’re planning for long-term financial goals or seeking to optimise your current investment strategy, this LIC investment calculator simplifies planning your mutual fund investments.
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Frequently Asked Questions
How to invest in LIC SIP?
- Log into your Demat account on Tickertape.
- Choose your desired LIC mutual fund scheme.
- Choose between a one-time lump sum investment or a Systematic Investment Plan (SIP), based on your financial goals.
- Check the minimum investment amount required for the selected scheme.
- Select the “Start SIP” option and invest option and monitor your portfolio through the platform.
How can LIC SIP calculator help you?
The LIC SIP maturity calculator helps you to estimate the returns they can expect from a Systematic Investment Plan (SIP) in LIC Mutual Funds.
Is investing in LIC mutual fund schemes safe?
LIC mutual fund schemes are generally considered safe due to LIC’s strong reputation and SEBI regulation, but like all investments, they carry some market risks. Investing a SIP amount at regular intervals in a LIC mutual fund scheme of your preference using LIC SIP plan calculator gives you a clear picture of your investments without sharing your details with a third party. It’s important to research specific schemes, understand your risk tolerance, and align investments with your financial goals.
How are the LIC SIPs taxed?
For LIC equity mutual fund SIPs, short-term capital gains (STCG) are taxed at 20%, while long-term capital gains (LTCG) are taxed at 12.5%.
Why should you invest in the LIC SIP plans scheme?
You should invest in LIC SIP plans for the following reasons: regular investment, flexibility, professional management, liquidity and easy to track.
Does LIC SIP have a lock-in period?
No, LIC SIP does not have a lock-in period. This means that you can withdraw your money from the SIP at any time without any penalties. Except for ELSS (equity-linked savings schemes), there is a lock-in period.
When can I withdraw my LIC SIP?
Yes, you can withdraw your LIC SIP anytime. However, the ELSS investments have a lock-in period of 3 years.
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