Follow these steps to use SIP calculator for investment planning.
Choose a Mutual Fund: Pick one that matches your risk tolerance.
Decide on Investment Duration: Determine how long you'll invest based on your investment goal, For instance, if you are investing to buy a house in 5 years, then keep the duration as 5 years.
Select SIP Amount: Choose an amount you're comfortable investing regularly.
Enter Expected Returns: Put in your anticipated yearly returns in the 5Paisa SIP Calculator.
See Future Value: The calculator shows your potential investment value at the end.