ICICI Prudential Mutual Fund SIP Calculator

What is ICICI Prudential Mutual Fund SIP?

A Systematic Investment Plan (SIP) allows you to invest a fixed amount regularly in ICICI Prudential Mutual Fund mutual fund schemes. SIP helps build wealth through the power of compounding and rupee-cost averaging.

Benefits of SIP in ICICI Prudential Mutual Fund

SIP investing offers disciplined investing, rupee cost averaging, power of compounding, flexibility to start with as low as ₹500/month, and no need to time the market. ICICI Prudential Mutual Fund offers a wide range of equity, debt, and hybrid fund schemes.

SIP Return Formula

FV = P × [((1+r)^n – 1) / r] × (1+r), where P is monthly investment, r is monthly rate of return, and n is number of months.