• Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

Understand the value of SIP for fund investments: SIP Calculator

May 24, 2019
Why is an SIP calculator needed?

It is important to make systematic investments over a period of time when one wants to create a corpus and avail high returns. An SIP calculator helps in determining the potential earning depending upon the investment and the tenure of the investment.

How does an SIP calculator work?

Here are a few steps to follow when using an SIP calculator:

  • Step 1: You need to enter the monthly amount you intend to invest. In case of mutual fund investment, you can also start with 500 Rs.
  • Step 2: This step involves the approximate rate of return on your investment. It is calculated on the basis of the fund's track record.
  • Step 3: This included the tenure of the investment in case of an SIP maturity calculator. You need to decide the time period for which you plan to invest. The minimum period in an SIP is six months. It is always advised to stay invested for longer periods to gain higher returns.

You can use an SIP calculator online. You can change the variables more than once to get an idea of your returns. The calculator accounts for capital gains and possible inflations as well.

Benefits of SIP calculator

The following are the benefits of an SIP calculator:

  • An SIP calculator simplifies complex calculations and helps investors estimate their investment results. Investors can efficiently plan their investments, in return enabling them to make the right decisions.
  • You only have to enter the details and the results are displayed immediately. The results are quick.
  • SIP calculators are free and easily available online
  • They simplify the process for both seasoned and first-time investors.
    • The interface is very user-friendly and investors only have to provide a few details about the investment to get approximate results.

In simple words, an SIP calculator is a wonderful too, especially if you are a first-time investor. It makes the process simpler for you and gives you a better judgement about your investment.

For more information on SIP calculators, visit www.hdfclife.com

Show Full Article
Hide Full Article

HDFC Life Insurance Company Limited. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.

Registered Office: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Email: [email protected], Tel No: 1800-266-9777 (10 am to 7 pm). The name/letters “HDFC” in the name/logo of the company belongs to Housing Development Finance Corporation Limited (“HDFC Limited”) and is used by HDFC Life under an agreement entered into with HDFC Limited.

For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS
  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.