The Mirae SIP calculator is an online tool, which enables investors to determine a return on their mutual fund SIP (Systematic Investment Plan) investments. They specify the monthly amount invested by them, time period and expected returns.

The calculator estimates the total value of investments at the end of SIP tenure. This tool simplifies complex financial calculations and saves time. It helps investors know how much should be invested every month in order to achieve a target goal amount systematically.

This is a useful calculator for setting financial goals and realizing potential gains through SIP investments in Mirae.

1. Financial Planning

To assist in financial planning, the online Mirae SIP calculator approximates the probable gains from mutual fund investments through SIP in Mirae Asset. They do this by keying in their monthly investment, investment duration and expected returns.

Afterwards, it estimates the value of the total investment at the end of SIP tenure. This enlightens investors on how much their investments can possibly increase with time thereby facilitating better financial plans and investment choices.

2. Future Goal Setting

The SIP calculator of Mirae assists in goal setting. By adjusting the monthly investment amount and tenure, investors can see the potential returns they could achieve. This assists them set realistic financial goals.

For instance, if an investor has a specific financial target in mind, they can adjust their monthly contributions and investment period until the calculator’s projected returns match their goal.

This feature helps in creating a systematic plan to achieve specific financial objectives.

3. Simplifying Return Calculations

The calculator simplifies complex calculations involved in estimating SIP returns. Normally, calculating SIP returns involves intricate financial formulas and can be time-consuming.

However, the calculator automates this process, providing quick and accurate estimates. Users simply input their monthly investment, investment period, and expected returns, and the calculator does the rest.

This saves investors significant time and effort, allowing them to focus more on their investment decisions rather than on complex calculations.

4. Flexibility

Finally, the calculator offers flexibility to investors. They can adjust the variables - monthly investment, tenure, and expected returns - to see how changes impact the final returns.

This allows investors to explore different scenarios and understand how varying their inputs can affect their investment outcomes. It helps them make informed decisions about how much to invest and for how long, based on their financial goals and risk tolerance.

Guide on Using Mirae SIP Calculator

Using the Mirae SIP calculator is straightforward and involves the following steps:

• Enter Monthly Investment Amount: Visit the Dhan calculator page and input the amount you plan to invest every month. Most SIP plans start with a minimum of Rs 500, with some varying to Rs 1000 a month.
• Set Investment Tenure: Specify the timeframe for your investment plan. This could vary based on your financial objectives and goals.
• Estimate the Rate of Return: Input the expected annual return rate from the investment. You can use historical returns for reference but keep in mind that future returns may vary depending upon market conditions.
• Calculate: After entering the above details, press the submit button. The calculator will display the estimated returns from your SIP investments.

How to use Mirae Lumpsum Calculator?

Using the Mirae Lumpsum calculator is simple and involves the following steps:

• Finalise the Scheme: Final a Mirae Asset Mutual Fund scheme in which you wish to make lump sum investments.
• Enter the Investment Amount: Specify the amount you plan to invest as a lumpsum.
• Enter the timeframe: Adding a timeframe will help you on how long you wish to hold the investments.
• Enter the % return: This is the % that you expect as a return, every year.
• Calculate: After entering the above details, press the calculate button. The calculator will display the current value of your investment (as of the end date, entered by you), profits, absolute return, and CAGR return.

Remember, the actual returns can vary based on market conditions. It's a good idea to seek personalized advice from a financial advisor.

Mirae Asset Mutual Fund (Mirae AMC) is a leading asset management company in India. The company is part of the Mirae Asset Financial Group, a global financial services firm headquartered in Seoul, South Korea. Mirae AMC was established in India in 2007 and has since grown to become one of the largest mutual fund companies in the country.

Mirae AMC offers a wide range of mutual fund schemes to meet the needs of various investors. The company's schemes include equity funds, hybrid, thematic, fixed-income, and tax savings. Mirae AMC also offers a number of following unique schemes:

• Equity: Mirae Asset Emerging Bluechip Fund, Mirae Asset Tax Saver Fund, Mirae Asset Focused Fund, etc.
• Hybrid: Mirae Asset Arbitrage Fund, Mirae Asset Hybrid Equity Fund, Mirae Asset Multi Allocation Fund, etc.
• Debt: Mirae Asset Cash Management Fund, Mirae Asset Ultra Short Duration Fund, etc.

Mirae AMC is committed to providing investors with a superior investment experience. The company's mission is to help investors achieve their financial goals through innovative and well-managed investment solutions.