Frequently Asked Questions
It uses a mathematical formula to calculate the maturity amount based on your monthly SIP amount, expected return, and investment duration.
Yes, you can calculate for ELSS mutual funds as well. Just input your investment amount and tenure.
Long-term SIPs (10+ years) generally yield better compounding benefits and average out market volatility.
No, SIP returns are market-linked. The calculator only provides an estimate based on expected returns.
Use the calculator in reverse—enter ₹1 crore as maturity goal and adjust SIP amount and years to see required investment.
Yes, SIPs offer flexibility. You can stop, skip or modify your SIP anytime through your fund house or app.
SIP returns are taxable only when you redeem units. Each SIP installment is treated as a separate investment and taxed based on its holding period.
Equity Funds: Gains held for more than 1 year are taxed at 10% (LTCG) above ₹1 lakh. Less than 1 year: 15% (STCG).
Debt Funds: Gains are taxed as per your income slab, regardless of holding period (since April 2023).