Sip investment icici4/6/2024 The return from any mutual fund depends on the performance of the fund. The calculator doesn’t guarantee any returns. It is to be noted that the SIP calculator only gives an estimate based on the inputs provided. They are above average, average, and below-average. Scripbox’s SIP calculator estimates the return in terms of maturity amount based on three different growth scenarios. The target amount approach uses the target amount the investor wants to achieve in the said duration to estimate the current investment required. The investment amount approach is the most used one where the investor inputs the investment amount, return expected, tenure and step-up amount. The calculator works on the investment amount approach and target amount approach. The investment amount, potential capital gains and maturity amount are clearly shown. Scripbox’s SIP calculator gives the output in both graphical and chart format. It requires simple inputs like investment amount or target amount, expected rate of return, investment tenure, and step-up rate. The calculator works on the inputs given by the user. A SIP Calculator is an online tool that estimates the return from a SIP investment.
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