MySIPonline, the one-stop destination for all the mutual funds needs has always promoted the use of awareness for making investments. Thus, they provide a variety of features such as last five-year record, lowest and highest NAV report, updated NAV report and many more. In addition, they also have a built-in calculator that allows you to see the output at various rates of return for different terms of investment.

Mutual fund SIP calculator, as you must know, is a tool for planning how much money one should invest to extract maximum returns from this investment avenue. If you have already thought of annualised rate of return required to achieve, you can simply put the monthly investment amount and tenure in the relevant fields. And the end result is the figure that you get at the end of the investment term.

SIP returns calculator makes use of CAGR (Compound Annual Growth Rate) to find the returns on the investment made for more than a year. “If customers make use of the tools like SIP return calculator, they can enjoy the maximum benefits,” says Mr. Virendra, COO, mysiponline.com. Every investment avenue is designed keeping certain objective in mind. The investor also has a variety of objectives to meet by the way of savings and investments. If they calculate in advance the time value of money, they can start with the correct figure that must be kept aside for making huge profits in the stipulated period.

To know the rate of return, the ‘rate’ function of MS Excel can be of great use. But, the final value of investment depends upon other factors too. That is why; optimal use of returns calculator is advised so that the investors find out the maturity value without wrecking the brains out in complex calculations.

“After all, you are investing your hard-earned money, so it is full right of yours to know how much you will earn in return when the term of investment ends.” says Mr Virendra.

So, login to www.mysiponline.com today and find a cognitive way of investing in mutual funds in a very budgeted manner.