What is Sundaram SIP Calculator?

Sundaram SIP (Systematic Investment Plan) calculator is a finance tool that helps investors to calculate the possible returns on their investment in Sundaram Mutual Fund schemes via SIP. SIPs are about investing a fixed amount at regular intervals in mutual funds.

In general, what this calculator does is take into consideration parameters like the invested amount, tenure of investment, expected rate of return and frequency of investments and gives an approximate estimate of how much the investment will grow at a future date.

With this tool, investors can plan for their investments better by knowing compounding power and a disciplined approach towards investing over time periods involved in it.

What is the Use of Sundaram SIP Calculator?

The online Sundaram SIP calculator is a useful tool for individuals interested in investing in mutual funds through SIPs. Here are some of its uses:

1. Estimating SIP Returns

The SIP calculator of Sundaram is used to estimate the possible returns from a SIP investment. It can be done by providing some information such as how much an investor intends to invest each month, the duration of their investment plan in terms of years and the anticipated rate of interest or return which is expressed as a percentage.

This allows you to have achievable objectives while also gaining insight into what could be attained through investments made via SIPs.

2. Goal Planning

The calculator helps plan for financial goals like retirement or education by estimating if SIP investments are sufficient.

Users input investment amount and duration to see if goals can be met. It provides insights into goal achievement feasibility, aiding in informed investment decisions.

This tool assists in setting realistic goals and adjusting investment strategies accordingly for better financial planning.

3. Comparison of SIPs

Investors can use a calculator to assess various SIP schemes offered by Sundaram or any other organization.

These options can be weighed against each other by changing the SIP amount, tenure and anticipated returns among others to determine the most fitting one for their goal.

This will help them decide where they should put their funds so that it may yield higher profits with respect to what they aim at achieving through investments.

4. Clear Visualization

The Sundaram mutual fund calculator provides a clear visualization of your financial future. Projecting the growth of your investments, helps you paint a vivid picture of potential outcomes.

This visual representation helps you understand how your regular investments could accumulate over time, making it easier to set and work towards your financial goals.

It's a valuable tool for visualizing and understanding the power of compounding.

How Can Sundaram SIP Calculator Help You?

The mutual fund calculator of Sundaram can help investors estimate the future value of their mutual fund investments based on their preferences, income, needs, and tenure. It can also help investors determine the amount needed to achieve their financial goals and make informed investment decisions.

Guide on Using Sundaram SIP Calculator

To use the Sundaram SIP Calculator, follow these steps:

• Visit the Dhan official website: Go to the official website of Dhan. You should be able to find the Sundaram SIP calculator tool there.
• Input your details: The calculator will typically ask for details such as the SIP amount you want to invest, the expected rate of return, and the investment duration.
• Enter SIP duration: Input the duration for which you plan to continue your SIP investments. This could be several years depending on your financial goals.
• Calculate: After entering all the required information, hit the "Calculate" button. The calculator will then generate results based on the details provided.

How to use the Sundaram Lumpsum Calculator?

Here are concise steps for using the Sundaram lumpsum calculator:

• Input the investment amount you're considering.
• Enter the expected rate of return (ROI) based on your investment preference or historical data.
• Choose the investment duration or tenure.

The calculator will then generate the projected returns on your investment. Review the results to assess the growth potential of your lump sum investment.

How are Returns in Sundaram SIP Calculated?

To calculate returns in a Sundaram SIP using the XIRR formula in Excel, you first need to have a series of cash flows representing the investments and the dates on which they were made. Then, you can use the XIRR function to compute the annualized rate of return.

XIRR(values, dates, [guess])

• values: This is an array or a range of cash flows representing the investments. negative values.
• dates: This is an array or a range of dates corresponding to each cash flow.
• [guess]: This is an optional argument representing your guess for the rate of return

About Sundaram Mutual Fund

Sundaram Mutual Fund is a leading Indian mutual fund company with a strong track record of performance. The company started in 1996 and is based in Chennai, India. Sundaram Mutual Fund offers a wide range of mutual fund schemes, including equity funds, debt funds, hybrid funds, and international funds.

• Equity: Sundaram Large and Mid Cap Fund, Sundaram Small Cap Fund, Sundaram Flexi Cap Fund, etc.
• Debt: Sundaram Money Market Fund, Sundaram Corporate Bond Fund, Sundaram Short Duration Fund, etc.
• Hybrid: Sundaram Equity Savings Fund Direct Growth, Sundaram Arbitrage Fund, Sundaram Aggressive Hybrid Fund, etc.

Sundaram Mutual Fund is known for its strong investment philosophy and its focus on delivering superior returns to investors. The company's investment team has a wealth of experience and expertise in the Indian financial markets. Sundaram Mutual Fund has a consistent track record of outperforming its benchmarks and its peers.

The company is committed to providing investors with a high level of service. Sundaram Mutual Fund offers a variety of investor education programs and resources.