Motilal Oswal SIP Calculator is a powerful tool that allows investors and individuals to gain insights into future estimates of their SIP investments in the Motilal Oswal mutual fund. This online tool lets you estimate the SIP amount needed to plan and achieve your financial goal.
This online tool is designed to offer potential fund investors with an idea of how their investment would turn out in a given span of time. Though it does not take into consideration market conditions or movements, the calculations can be precise.
The calculator only needs three simple pieces of information from the user:
With these simple inputs, the calculator will throw up the results instantly.
The formula that is used to calculate the SIP returns is:
A = P × (1+r/100)^n
P = The Principal amount invested through SIP
r = The assumed annual rate of return
n = The number of SIP instalments
Now, consider the following example which uses this formula to estimate the outcome of the investment in the Motilal Oswal mutual fund.
P = Rs. 8,300
r = 12%
n = 3 Years
A = Rs. 8,300 × (1+12/100)^3
Total Value = 17,00,369.
Follow these basic steps to put the Motilal SIP Calculator to good use:
Step 1: Navigate to the online calculator and provide the required information on investment tenure, SIP amount, and the estimated rate of interest.
Step 2: The results will be displayed on your screen instantly.
The primary benefits of using the Motilal Oswal Mutual Fund SIP Calculator are: