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Swing To SIPs

Here’s how to find out what kind of returns your SIP generated

Everyone wants their money to grow faster and to ensure that, they invest. A major option open is through mutual funds (MFs).

However, investing in MFs does present one problem — that of keeping track of payments made to various AMCs, especially through the method of Systematic Investment Plans (SIPs) as well as to find out the returns generated. The propensity of the retail investor to opt for micro SIPs, which involve payments of as little as Rs 50 or Rs 100, has added to their troubles.

If an investor diversifies his holdings across even five funds to derive optimum benefits from a diversified portfolio, he/she will still have to devote some time to get a grip on all the payments made as well as returns generated by funds they have invested in.

In general most investors have upwards of five monthly SIPs across different schemes. A pre-requisite, to use the tool, to finding out the figures involves the knowledge of the net asset value (NAV) on the day of investment of every fund invested in by the investor. While none of this requires rocket science, yet the presence of digitally enhanced tools, can make the task simpler, more accurate and even less taxing on the nerves.

Welcome to the world of the SIP calculator at Value Research: Click to Fund Selector


The tool allows you to keep tabs on accumulated units over the time period concerned where the SIP is being serviced regularly. It provides all the information that you need involving the cost of acquiring of units, as well as assessing the gains or losses that were generated on the basis of current market value.

The only problem that you may face is that no monthly returns figures will be available and that too because most MF houses have done away with a monthly statement of the SIP. Instead, you will be apprised of your accumulated holdings once a quarter.

Working through the SIP calculator you do not need to even know the number of units held. All you needs is the date of your SIP outflow and the fund that you are investing in. That's it! The result that the tool generates will give you both an annualized return figure and an absolute return figure.

Not only that, while you are rebalancing your portfolio or reshuffling your SIPs this tool can help you assess what to drop.

So, what are you waiting for? Surf's up on SIPs! Where are you?