Bank Of India SIP Calculator | Calculate Future Value of your Investments

SIP Calculator

Monthly SIP Amount

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Tenure for which you would like to invest

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Expected Rate of Return

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Your Total invested amount

`6,00,000

Future Value of your Investments

`44,28,72,539

Your Target Amount (`)

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Your SIP Duration:

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Expected Rate of Return (%)

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To reach the target amount of

`10,00,000

You need to invest (per month)

`56,450

You can simply provide a one-time instruction to your bank to invest a pre-determined amount of money regularly towards your SIP contribution.
Multiple payment options:Auto Debit, NACH, PDC.

Early and regular investing over a long time horizon helps to create wealth through compounding of returns.
You can start with a small sum as the key is not the size of the initial investment but the duration of investment.

It essentially helps you buy less when the markets are expensive and buy more when the markets are cheap.
Rupee cost averaging works out best in choppy markets.