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Axis SIP Calculator

June 21, 2022
  • SIP
  • LUMPSUM
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For a long time, Axis Bank, formerly known as UTI Bank, has been one of India's most recognized and top financial sector institutions. 

Customers of Axis Bank can initiate a systematic investment plan (SIP) in one of 20 asset management providers' mutual fund schemes (AMCs).

A SIP is a sort of mutual fund investment that allows the investor to invest regularly in a mutual fund for a predetermined period of time in order to get high returns to the conclusion of the plan.

Regular SIP investments might last for a month, a week, or a quarter, depending on the investor's preference.

The Axis Bank SIP Calculator is a web-based tool for evaluating the returns on a SIP investment. In just a few clicks, you can calculate the maturity value of any SIP investment made in any Axis mutual fund plan using the Axis Bank SIP calculator.

This SIP calculator is a simple tool that requires just the most basic information from you, such as the investment plan, the investment duration, and the amount of SIP.

The target amount technique, on the other hand, calculates the current monthly investment using the investor's objective and other data. A mutual fund's performance influences its return, which may be more or lower than the Axis Bank SIP Calculator's projection.

Axis Bank SIP Calculator

How can an Axis Bank SIP Calculator help you?

  • Boost your financial strategy: There are several parts to a financial strategy. Prudent investment planning is the most basic component of a financial strategy.

    This component is supplemented by the Axis mutual fund SIP calculator, which provides you with a straightforward tool for responsibly planning your portfolio investments.

    The calculator assists successful financial planning by making this basic financial planning procedure easier.

  • Determine the amount of maturity: Investors can use the Axis bank SIP calculator to assess their potential profits at the conclusion of the investing period.

    If the investor knows how much they intend to earn at the conclusion of their investment duration, the Axis SIP calculator may also assist in estimating the monthly investment amount.

  • Streamline the procedure: For investors who are unfamiliar with SIP investments, calculating estimates might be a difficult undertaking.

    This procedure is made easier by the Axis SIP calculator, which is a simple tool that can be used with a single click.

  • Time saver: Investors can save time by using the Axis SIP calculator to do difficult calculations. Within seconds, the Axis SIP calculator calculates the monthly investment amount and the maturity amount.

  • Making an Informed Decision: Using the free online Axis Bank SIP calculator, investors may examine numerous return scenarios and make the best investment selections to help them earn big returns.

  • The fundamental inputs: The Axis SIP calculator is incredibly simple to use, needing only basic inputs and no further analysis. The inputs, such as the amount of investment, the time horizon, and the plan you wish to invest in, are all clearly defined.

Example of SIP calculation

The following formula is used by the tool.

FV = P x ({[ 1+ i] ^ n-1} / i) x (1+i)

P = Monthly SIP contributions

I = return on investment expected.

N = the number of years.

FV (Future Value) stands for Maturity amount to be received

Consider an investor who wishes to invest Rs 7,000 in an Axis mutual fund plan with a 12-year XIRR of 12.5%. The program generates the following results based on the historical XIRR of 12 percent from the investment.

Amount Invested: RS. 10,08,000

Maturity Amount/Wealth created: RS. 22,33,431

(For the sake of illustration)

Different types of Axis Mutual fund SIP plans

  • Axis Bluechip Fund: Axis Mutual Fund's Axis Bluechip Fund-Growth is a Large Cap mutual fund. This fund has been around for 12 years and 7 months since its inception on November 11, 2009.

    As of 31/03/2022, Axis Bluechip Fund-Growth has assets under management (AUM) of 33,836 crores, making it a medium-sized fund in its category.

  • Axis Midcap Fund: This is an investment fund for medium-sized businesses. These funds suffer a greater loss, When stock prices fall, than funds that invest in larger corporations.

    Investors who are seeking strong returns on their money over a period of at least three to four years.

  • Axis Long Term Equity Fund:  Investors who want to put their money into anything for at least three years and want to save money on taxes in addition to getting a better return.

    These investors should be prepared for moderate losses in their investments as well as a three-year lock-in period.

  • Axis Small Cap Fund: This is a fund that makes investments in tiny businesses. These funds suffer a greater loss, When stock prices fall, than funds that invest in larger corporations.

    Investors who want to put their money into anything for at least three to four years and expect to make a lot of money.

  • Axis Focused 25 Fund: This is intended for those who are well-versed in macroeconomic patterns and seek to make selected bets for greater returns than other Equity funds.

Benefits of Axis SIP Calculator

The Axis Bank SIP Calculator is a useful tool that offers the following advantages:

  • For calculating your SIP investments, the Axis SIP calculator is a straightforward and effective online tool.

  • When compared to human computations, it provides a more accurate estimate.

  • It's ideal for first-time investors because it's simple to get started and just requires a little information.

  • For the calculations, you only need to provide basic information such as plan and investment amount.

  • You have the option to invest in any program for any length of time. This allows you to be more imaginative in your financial planning.

  • The tool simplifies the process of calculating returns by offering a one-stop-shop.

  • Provides information on how much money an investor will need to invest in order to obtain the desired result.

  • The calculator assists successful financial planning by making this basic financial planning procedure easier.

How to use Axis Bank SIP Calculator?

An investor may calculate the expected returns they will get at the conclusion of the policy duration by inputting a few basic facts into the Axis Bank SIP Calculator. To acquire the return value, you'll need the following information:

1. The approach of Investment Amount

Axis Bank SIP returns may be estimated using the investment amount technique by investors who know how much they intend to contribute monthly. The following are the measures to take:

  • Enter the amount of your monthly investment (SIP).

  • The current interest rate on a mutual fund (Expected returns)

  • Then, in years, indicate the investment term.

 The SIP calculator will calculate the possible gains at the conclusion of the investing period for you automatically.

2. The approach of the Amount Targeted

One can establish the SIP amount that they need to contribute to fulfilling their financial objectives using the target amount technique.

However, one must first determine how much money they desire at the conclusion of the investing period, to estimate the monthly investment amount. The following are the measures to take:

  • Enter the anticipated goal amount first.

  • Fill in the projected return rate now. (expected return)

  • Then, in years, indicate the investment term.

The SIP target amount will be estimated automatically by the Axis Bank SIP calculator.

(The risks should be considered, and it should be understood that the Axis SIP calculator is only an estimate of the prospective returns, not a promise)

Conclusion

Before beginning a SIP, you may need to perform some calculations and estimations.

You may use the Axis Mutual Fund SIP calculator to determine the maturity amounts for various goals and make the investment process easy before participating in any Axis Mutual Fund plan through SIP.

I hope this post helped you resolve any issues you had or gave you a better understanding of the Axis SIP Calculator.

Frequently Asked Questions- FAQs

1. How is SIP calculated?

The following formula is used by the tool.

FV = P x ({[ 1+ i ] ^ n-1 } / i ) x (1+i)

P = Monthly SIP contributions

I = return on investment expected.

N = the number of years.

FV (Future Value) stands for Maturity amount to be received.



2. What are the factors that affect SIP?

  • "Market risks apply to mutual funds". The net asset value (sip's market value) is affected by even minor market fluctuations, causing a loss for investors.

  • The difficulty of redeeming an investment without incurring losses on the investment value is referred to as the liquidity risk of an asset. When sellers are unable to locate security purchasers, problems arise.

  • It's not a good idea to put all of your money into one portfolio. If you're lucky, you might be able to make a lot of money, but keep in mind that the risks are also considerable.


3. Is SIP 100% safe?

You should be aware that SIP investments are made in market-linked mutual funds and are thus exposed to market risk. Long-term investors can lessen this risk by sticking with their investments.


4. What is the minimum tenure for AXIS SIP?

Investors can begin investing in Axis Bank SIPs with a minimum term of 6 months and a maximum duration of their choosing.

The following factors should be considered while deciding on the SIP tenure: - Your present age and the number of years you have left before retiring. - How long do you think you'll live?


5. Are there separate SIP calculators for different banks?

Yes, there are a plethora of applications and websites that may help you figure out your SIP. The user interface is simple to use, and entering the investment amount, time frame, and estimated returns is simple.


6. What is the difference between SIP and FD?

Unlike FDs, SIPs do not require a large lump sum payment to begin investing in mutual funds. One may begin investing with as little as Rs. 500, which is quite advantageous for those wishing to invest.

There's no denying that SIPs provide better returns than fixed deposits, but they don't come with any guarantees.

Ankur Aggarwal

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Hi all, I am Ankur Aggarwal – Digital Marketer, Entrepreneur, Traveller, Blogger, and Foodie. Have been blogging since 2010. In 2016 I scored 99.2 percentile in XAT Exam for MBA, left that to pursue my Online business dreams.
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