SIP

Lumpsum

Monthly investment

₹

Expected return rate (p.a)

%

Time period

Yr

Invested amount

₹

Est. returns

₹

Total value

₹

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Invested amount

Est. returns

The UTI mutual fund SIP calculator can help estimate the SIP amounts that you need to invest to reach the target corpus by the close of your time horizon.

This calculator does not guarantee any specific results, since mutual funds are linked to market changes. However, the estimated returns can help you determine the amount you need to invest through your SIPs, and the tenure that you should choose.

The UTI SIP calculator is a useful tool for calculating the estimated returns of the UTI mutual fund. It can be beneficial to users in several ways. Some critical ones are listed below:

**It is Error-Free:**Typically, human errors could crop up in manual calculations, making it hard to tell whether the solution is correct. This calculator allows users to estimate the fund's SIP amounts without error.**It Helps with Estimates:**Potential investors can use the calculator to estimate investment amounts and tenures that are suitable for the investment objective.**The Results are Near-Accurate:**Though the solution provided by the online calculator does not confirm the outcome of the fund, the results can be accurate since the calculator is pre-set with the formula and works almost instantaneously.

If you use this tool, you need not waste time on manual calculations or guess the outcome of your investment.

The formula that is used to calculate the SIP returns is:

A = P × (1+r/100)^n

Where

P = The Principal amount invested through the SIP

r = The assumed annual rate of return

n = The number of SIP instalments

The following example uses the formula to estimate the outcome of the UTI SIP investment.

P = Rs. 2,000

r = 9%

n = 3 Years

A = Rs. 2,000 × (1+9/100)^3

Total Value = Rs. 52,770

You can easily follow the steps mentioned below to use this calculator in the correct way:

**Step 1:** Navigate to the calculator.

**Step 2:** Enter the SIP amount, period, and assumed rate of return.

**Step 3:** You can see the results almost instantly.

The major benefits of the SIP calculator are as follows:

**It helps in Goal-Based Investing:**When you choose to invest with a particular goal in mind, you will have to know how long and how much you have to invest to meet the goal, which will induce goal-based investing.**Disciplined Investing:**SIP helps promote investment discipline and encourage regular investing, and using the calculator is part of the procedure.

**3. It Offers Convenience:** It is easy to start an SIP investment with the estimates provided by the calculator.

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