DHFL SIP Calculator

Wealth creation over the long term requires evaluating various investment options and choosing what works best. The investment landscape has changed significantly over the decades, and systematic investment plans (SIPs) have emerged as a popular option. With their ability to inculcate financial discipline, enable periodic investments and facilitate long-term wealth creation, they have become a go-to choice for investors. However, with the abundance of SIP options, choosing the right one can get confusing. It makes sense to compare the returns of different options using an sip calculator . The online DHFL SIP calculator falls under this category. It is a useful online tool that helps investors estimate the future value of their monthly SIP investments.

The DHFL SIP calculator enables investors to input their desired monthly investment amount or use a slider to select it. Additionally, users must choose the investment period and specify the expected rate of return. Thereafter, it will provide an estimate of the future value of the investment.

Using the online DHFL SIP calculator, investors can compare the potential returns of various investment options and check whether they would sync with their financial goals. This makes the choice easy and ensures informed investment decisions.

All SIP calculations are based on the formula below. It is also the DHFL SIP calculator formula:

A = P * [{(1+i)^n}-1]/i)*(1+i)
Where,
A is the amount you will receive
P is the periodic SIP investment amount
n is the number of months
i is the rate of return

Suppose you invest Rs. 5,000 monthly for 3 years. The expected rate of return is 12%.

You would have invested Rs. 1,80,000 at the end of three years. The total value of your investments will be Rs. 2,17,124, while the estimated returns will amount to Rs. 37,124.

Here’s how to use the DHFL SIP calculator to estimate your SIP investment's potential wealth.

• Go to the DHFL SIP calculator page on Angel One
• Enter the monthly investment amount you want to invest Enter the duration for which you want to invest
• Enter the expected rate of return

The online DHFL SIP calculator will process the details you have entered and generate estimated returns from your SIP investment and the total value of your investments.

Another utility of this calculator is to help determine the amount you must invest to reach a specific goal. The target amount calculator on the Angel One SIP page takes the expected maturity amount, tenure and expected rate of return as inputs and yields the amount you must be able to invest monthly to achieve this goal.

For example, If you wish to build a corpus of Rs. 12,00,000 in 7 years by investing in a mutual fund for which the expected rate of return is 11%, the tool will generate Rs. 9464 as the monthly SIP amount.

Let's explore the advantages of using an online DHFL SIP calculator in detail:

• Easy of access and use: The DHFL SIP calculator is designed to be user-friendly. It is easy to access and navigate and involves a simple interface where you can input the necessary details, such as the target amount, tenure, and expected rate of return. This ease of use ensures that beginners and experienced investors can easily use the SIP calculator.
• Helps in financial planning: One of the key advantages of an online DHFL SIP calculator is its ability to assist in financial planning. It allows you to determine how much you need to invest regularly to achieve a specific financial goal, such as funding a child's education or saving for retirement. This feature helps set realistic investment targets and create a structured plan to reach them.
• Gives fast, accurate results: The DHFL SIP calculator employs mathematical formulas and algorithms to generate accurate results - it eliminates the risk of manual errors. It considers factors such as the investment amount, tenure, and expected rate of return to calculate the potential returns on your SIP investment. Using the results of these calculations, you can get a reliable estimate of the future value of your investments.
• Assists in making informed investment decisions: An online DHFL SIP calculator is valuable for making informed investment decisions. It enables you to explore different scenarios by adjusting parameters such as the investment amount, expected rate of return, and tenure. It helps to align your investments with risk tolerance, financial objectives, and preferences.