Equity SIP is the new way to grow your money! Let us show you how.
Enter an amount you’d be willing to invest per month in the field below.
Effectively, Equity SIP would’ve turned your investment of ₹ 5000/month from 2005 to 2015 into ₹ 10,52,344 today!
Return – 4%
Return – 8.075%
Return – 8.70%
Return – 10.28%
S&P BSE 200 Index | Source: Value Research
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The calculator, based on assumed rate of returns, is meant for illustration purposes only. The calculations are not based on any judgments of the future return of the debt and equity markets / sectors or of any individual security and should not be construed as promise on minimum returns and/or safeguard of capital. Loads are not taken into consideration in the above investment simulation. The calculator alone is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited makes no warranty about the accuracy of the calculator. In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor.
Past Performance may or may not be sustained in future. The comparison of Equity SIP Vs traditional instruments has been given for the purpose of the general information only. Investment in Mutual Fund Schemes carry higher risk and any investment decision needs to be taken only after consulting the Tax Consultant or Financial Advisor. Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information.
|Investment amount ( ₹ )||1,00,000||1,00,000||1,00,000||1,00,000|
|Expected Rate of Return||10.00%||8.7%||4.00%||8.5%|
|Amounts Received ( )||2,59,374||2,30,301||1,48,024||2,26,098|
|Equity SIP||PPF||Savings Account||Fixed Deposits|
|Long term gain on sale of Investment held for more than 12 months is exempt from tax.||Interest earned on PPF is fully exempt from tax.||Deduction upto 10,000/- is available on Interest earned on saving bank a/c in a year. Balance is taxable at tax slab applicable to respective Individual.||Interest earned is fully taxable at tax slab applicable to respective Individual.|
|Short term gain on sale of Investment held for less than 12 months is taxable @ 15%+SC+Cess|
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Before you delve into the world of Mutual Funds, have quick read on the basics.
When does mutual fund come into play in your life? It is the moment you are ready to achieve following in your life: Create wealth from your investments, achieve various financial goals in your life and/or save tax.
Before you start investing in mutual fund, you should answer two questions: What is the objective (goal) you want your money to achieve for you? And how long can you keep your money aside to grow?
For achieving short term goals like buying a car, going on a family vacation etc. you can invest in debt funds. For achieving long term goals like child's marriage, retirement etc. you can invest in equity funds.
So if you want to achieve a goal, say child's education, in 2 years, then your investment should be in debt schemes (2 days - 4 years). If you want to achieve this goal in next 10 years, then your investment should be in equity schemes (5 years+).
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