The fund tool that we’re taking a look at this time around is the Value Research SIP Return Calculator. An easy-to-use tool, the SIP Return Calculator allows you to calculate the SIP returns generated by any fund over any given time period.
You can access this tool for free on www.ValueResearchOnline. com. To narrow down your search to the particular fund whose SIP returns you’re interested in looking at, the tool allows you to filter on the basis of Fund Company and Category. After you’ve selected the fund, you have to enter in the SIP Amount, its Frequency and the SIP Start Date and SIP End Date. Once you’ve the details filled in, hit the Show SIP Returns button and you’ll be shown the Amount Invested, Worth of Amount Invested and SIP Returns (%) generated.
It is as simple as that. The major benefit of the SIP Return Calculator comes to investors when they have to find out the returns earned by their different SIP investments. Each SIP is a fresh investment, and is made at a different point in time. Calculating the returns on all SIP investments can be an extremely tedious job. But not if you use the SIP Return Calculator. With just one click, this tool gives you the returns earned on your SIP investments.
The SIP Return Calculator is also useful to investors who are trying to find out the returns generated by different funds over different time periods, as well as for different SIP amounts. Avid readers of our publications would be aware that we always recommend mutual fund investments to be made via the SIP route, instead of in lump sum amounts. We have said it time and again that SIP investments allow you to get the benefit of averaging out the rupee cost – you get to invest at various levels of the market and don’t succumb to the pitfalls of timing the markets.
Understanding these benefits of SIP investments is easy; choosing between 2 or 3 funds to invest in would be much more difficult. This is where the SIP Return Calculator can come in handy. The tool will easily tell you which fund has given higher SIP returns over a specific time period, making it easier for you to decide where to invest.
Use the SIP Return Calculator and the other tools available on our website to understand how mutual funds work and make your investment decisions with greater ease.