Everyday Money Tools

A systematic investment plan puts a fixed amount into a mutual fund every month. Because the same amount buys more units when the price is low and fewer when it is high, the average cost per unit is smoothed over time.

This calculator assumes a fixed return every year, compounded monthly (annual rate divided by 12), with each instalment invested at the start of its month. Real funds do not return a fixed rate, and the formula ignores expense ratios, exit loads and taxes. Longer periods grow faster because returns earn further returns, which is why the growth figure rises sharply when you extend the period slider.

The return you choose here is an assumption, not a promise. Treat the result as a planning figure and read the fund documents before investing.