Kotak SIP Calculator

Kotak Mahindra Bank offers various financial services to its customers, including the option for SIP investments. They are designed to assist investors in achieving their financial goals through manageable regular contributions. By using the Kotak SIP Calculator, investors can determine the necessary investment amount over time to achieve their desired returns.

4.8^~ Rated
7.7 Crore Registered Consumer
50 Partners Insurance Partners
4.2 Crore Policies Sold

SIP Benefits

Start SIP with as low as ₹1000
No hidden charges
Save upto ₹46,800 in Tax under section 80C^{^}
Zero LTCG Tax^¶
Disciplined & worry-free investing

Top Performing SIPs with High Returns

Invest ₹10k/month & Get ₹1 Cr^# on Maturity

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We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

Disclaimer:# The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All SIPs listed here are of insurance companies’ funds.

Kotak SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Total Wealth ₹22.4 L

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I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Monthly Investment ₹22.4 L

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Top Funds with High Returns (Past 7 Years)

20.27%

High Growth Fund

18.45%

Whole Life Mid Cap Equity Fund

15.24%

Opportunities Fund

15.18%

Accelerator Mid-Cap Fund II

Insurance Companies
Mutual Funds

Fund Name	3 Years	5 Years	10 Years
	Returns
Virtue II PNB Metlife	17.06%	24.85%	16.02% View Plan
Pure Equity Birla Sun Life	15.9%	20.51%	14.59% View Plan
Large Cap Equity Fund Tata AIA	16.21%	21.15%	14.57% View Plan
Grow Money Plus Fund Bharti AXA	13.15%	18.11%	13.95% View Plan
Pure Stock Fund Bajaj Allianz	15.91%	19.76%	13.76% View Plan
Diversified Equity Fund HDFC Standard	12.72%	16.99%	13.54% View Plan
Growth Super Fund Max Life	13.14%	16.73%	12.41% View Plan
Equity Fund SBI	13.01%	15.88%	11.81% View Plan
Equity Large Cap Fund Edelwiess Tokio	10.59%	14.81%	10.95% View Plan
Bluechip Fund ICICI Prudential	11.32%	15.17%	10.9% View Plan

Updated as of Oct 2024

Compare more funds

Fund Name	3 Years	5 Years	10 Years
	Returns
Active Fund QUANT	24.92%	31.48%	21.87%
Flexi Cap Fund PARAG PARIKH	20.69%	26.41%	19.28%
Large and Mid-Cap Fund EDELWEISS	22.34%	24.29%	17.94%
Equity Opportunities Fund KOTAK	24.64%	25.01%	19.45%
Large and Midcap Fund MIRAE ASSET	19.74%	24.32%	22.50%
Flexi Cap Fund PGIM INDIA	14.75%	23.39%	-
Flexi Cap Fund DSP	18.41%	22.33%	16.91%
Emerging Equities Fund CANARA ROBECO	20.05%	21.80%	15.92%
Focused fund SUNDARAM	18.27%	18.22%	16.55%

Updated as of Oct 2024

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What is SIP and How Does It Work?

SIP stands for Systematic Investment Plan. It's a way to invest in mutual funds and other market-linked funds by setting up regular, automatic investments of a fixed amount.

Here's how it works:

You choose a mutual fund or a different market-linked fund scheme and decide how much to invest each time.
The money gets automatically deducted from your bank and invested in the chosen fund.
You get units of the fund based on the prevailing NAV (Net Asset Value).
As the market fluctuates, you buy more units when the NAV is low and fewer units when it's high, balancing out the cost per unit (Rupee-cost averaging).

How to Calculate Returns on Your SIP Investments?

To calculate returns on your SIP investments, you can use the SIP calculator, which is a tool available online. An SIP calculator is an online tool that helps you estimate the returns on your SIP investment. The SIP calculator simplifies the process of calculating the returns on your investments, enabling investors to make informed decisions about their financial goals and investment strategies.

What is the Kotak SIP Calculator?

Kotak SIP Calculator is a financial tool that helps in the SIP returns calculation with just a few basic details. With the help of the Kotak SIP Calculator, investors can have a clear understanding of how much they need to invest to achieve their desired financial targets. It considers factors like your monthly investment amount, investment tenure, and expected rate of return.

How can a Kotak SIP Calculator Help an Investor?

Here are some benefits that an investor may enjoy using a Kotak SIP calculator:

Accurate Financial Planning: It helps investors plan their investments more accurately by providing projections of future returns based on different investment amounts and time horizons.
Goal Setting: Kotak SIP calculator allows investors to set specific financial goals, such as saving for a child's education, retirement, or buying a house, and then calculate the required SIP amount to achieve those goals.
Risk Assessment: Investors can use the Kotak SIP calculator to determine the risk associated with their investment plans by analyzing various scenarios and adjusting variables like investment amount, duration, and expected returns.
Comparison Tool: It serves as a comparison tool for different investment options by showing the potential returns and growth of investments under different schemes or fund options.
Realistic Expectations: Kotak SIP calculator provides realistic expectations about the growth of investments, helping investors avoid unrealistic assumptions and make informed decisions.
Time-saving: Instead of manually calculating future values based on different investment scenarios, investors can quickly get accurate results using Kotak SIP calculator, saving time and effort.
Decision Making: It facilitates better decision-making by allowing investors to experiment with different investment amounts, frequencies, and durations to understand how these factors impact their financial goals.
Avoid Errors: They eliminate the risk of manual calculation mistakes, ensuring your estimates are accurate.

How to Use Policybazaar’s Kotak SIP Calculator?

It is easy to use the Kotak SIP calculator. One needs to follow the steps listed below in order to calculate the SIP returns:
Step 1: Visit the Kotak SIP Calculator on Policybazaar's website

Step 2: Provide the required details, such as investment amount, tenure of investment, expected rate of return, and the number of years you want to stay invested for

Step 3: View the results, including the total investment made and the SIP maturity amount. You can also check out various investment plans available for you.

Let us understand it with an example:

If an investor commits to saving ₹10,000 monthly through SIP and uses the SIP calculator with an assumed 12% average interest rate and you invest for 10 years and want to stay invested for 20 years. Following will be the projected gains.

Total Investment: ₹12L (till 2034)

Maturity Amount: ₹72.2L (till 2044)

Conclusion

The Kotak SIP calculator proves to be a valuable resource for estimating potential returns from long-term investments. Furthermore, it aids investors in comparing various SIP plans. By analyzing the past year's performance of a scheme, investors can determine the interest rate and forecast returns using a Kotak SIP calculator.

Frequently Asked Questions

How do I open an SIP Account with Kotak?

Opening a SIP account with Kotak can be done effortlessly, either online or offline. You will need to furnish details such as your PAN card, bank account information, mobile number, Aadhaar card particulars, address proof, and contact details. Simply complete your KYC process and submit your application for a SIP account.
What are the benefits of using the Kotak Bank SIP Calculator?

The Kotak SIP calculator is readily available and can be used multiple times at no cost. It offers clear insights into the amount you should allocate to achieve long-term objectives like retirement planning, enabling users to strategize their investments effectively.
What if I invest 3,000 a month in SIP for 5 years?

If you invest Rs. 3000 per month for 5 years with an expected rate of return of 12%. With the help of an SIP calculator, you will get the following values:
Invested amount: ₹1,80,000
Estimated Returns: ₹67,459

Total Values: ₹2,47,459
How is SIP Calculated?

The following formula is used to compound the SIP returns with the help of SIP Calculator:
FV = P x ({[ 1+ i ] ^ n-1 } / i ) x (1+i)
Here,
FV = Future Value (Maturity amount to be received)
P = Amount that the investor invests
i = The rate of interest periodically
n = Total number of payments made by the investor to date
Example, If Rahul invests Rs. 1,000 for 12 months at the rate of 12% in a Kotak bank SIP, then is maturity amount at the end of the tenure will be:
FV = 1,000 ({[1 + 0.01] ^ {12 – 1} / 0.01) x (1 + 0.01)
FV = Rs. 12,809 yearly (approximately)
Does SIP have a lock-in period?

Open-ended mutual funds do not come with a lock in period. However, the lock in period depends completely on the mutual fund purchased. ELSS mutual funds come with a lock in period of 3 years. Other close-ended mutual funds also come with a lock in period.
Can I withdraw my SIP after some time?

A normal SIP can be withdrawn anytime as per the investors’ convenience. Although, if it is an ELSS Equity Linked Savings Scheme, it comes with a 3-year lock-in period.
Can SIP save taxes?

While investing in ELSS (Equity Linked Savings Scheme) Mutual Funds, the investor is allowed to claim tax deductions up to Rs. 1,50,000 under Section 80C of the Income Tax Act, 1961.

†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^Section 80C allows annual deductions of up to ₹1.5 lacs from the taxable income. Section 10(10D) provides tax-free maturity benefits for investments of up to ₹2.5 Lacs/ year, on policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.