LIC SIP (Systematic Investment Plan) Calculator Online
Calculate the future value of your SIP investment
Goal Amount
Expected Return (P.A)
Time Period
Summary
To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.
Summary
To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.
Total Investment Breakup
Lumpsum Investment
Interest Earned
Total Investment
| Year | Investment Amount (₹) |
Wealth Gained (₹) |
Expected Amount (₹) |
|---|
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LIC SIP Calculator
All you need to know about LIC Systematic Investment Plan Calculator (SIP)
Getting started is easy. Instead of getting caught up in figuring out the ‘perfect’ SIP amount, why not give our LIC SIP Calculator a spin? LIC SIP calculator takes into account all the variables – your investment duration, your desired target corpus, and even offers a Step-Up feature to gradually increase your investment. And the best part? You have a range of mutual fund categories to choose from, all provided by the reliable Life Insurance Corporation. So, what are you waiting for? Let LIC SIP Calculator guide you toward a smarter investment strategy!
What is LIC SIP Calculator?
The LIC SIP Calculator is a financial tool that helps investors estimate the returns they can expect from a Systematic Investment Plan (SIP) in LIC Mutual Funds. The LIC SIIP plan Calculator stands as a potent tool, enabling both investors and individuals to project potential mutual fund returns on their investments through a hassle-free method. The best part about issuing this plan is that you can apply it through offline and online modes.
How to Use smallcase LIC SIP Calculator Online?
The LIC SIIP Plan stands as a life insurance scheme tailored for individuals, offering a unit-linked structure without participation features. Therefore, using the smallcase LIC SIP Calculator online is a straightforward and effective way to plan your investments and get a clear picture of returns.
Let’s understand how smallcase LIC mutual fund SIP calculator works.
Step-1:
Select the fund of your choice from the list of LIC SIIP plan calculator such as LIC MF Small Cap Fund.
Step-2:
Enter the desired amount that you wish to invest every month.
Step-3:
Enter the duration you want to calculate the LIC SIP interest rate for.
Formula for LIC SIP Calculator
smallcase uses a global standardization method to calculate LIC SIP to determine the total returns you have incurred. The LIC SIP calculator formula is as follows:
FV = P [(1 (1+i) ^ n-1] * (1+i) / i
The variables in this LIC SIIP plan calculator equation represent the following:
| FV | Future Value |
| P | SIP Amount |
| i | Compounded rate of return |
| r | Expected Rate on Return |
| n | Number of months |
Let’s take an example. Suppose an investor decides to make an SIP investment of ₹10,000 for a year at a return rate of 8.9% in SIIP LIC calculator.
Amount invested = ₹1,20,00
Expected return rate amount = ₹1,25,945
Interest Earned = ₹5,945
| Duration | Amount Invested Monthly | Maturity Value |
| 1 year | 10000 | ₹1,25,945 |
| 5 years | 10000 | ₹7,57,844 |
| 8 years | 10000 | ₹14,02,753 |
| 10 years | 10000 | ₹19,38,512 |
| 12 years | 10000 | ₹25,78,231 |
| 15 years | 10000 | ₹ 37,77,910 |
| 20 years | 10000 | ₹66,43,564 |
Therefore, by using the LIC SIP calculator, you can easily determine the SIP amount earned over years on an initial investment of 10,000 at an annual interest rate of 8.9%.
Best SIP Plans Available with LIC Bank
If you’re on the lookout for exceptional SIP plans, LIC Bank has you covered. The LIC Systematic Investment Plan, or LIC SIP investment, presents an excellent opportunity to venture into mutual funds. LIC Mutual Fund offers a range of top-notch LIC SIP plans, enabling you to allocate a consistent sum at frequent intervals – weekly, monthly, or quarterly contributions.
Here are some of the best SIPs for 5 years in LIC:
| Name | 5 Year Return | Monthly SIP | Maturity Amount |
| LIC MF Infrastructure Fund (G) | 15.3% | ₹ 10,000 | ₹ 9,04,428 |
| LIC MF Small Cap Fund (G) | 14.8% | ₹ 10,000 | ₹ 8,91,787 |
| LIC MF Gold ETF FOF (G) | 13% | ₹ 10,000 | ₹ 8,48,034 |
| LIC MF Long Term Value Fund (G) | 12.2% | ₹ 10,000 | ₹ 8,29,435 |
| LIC MF S & P BSE Sensex Index fund (G) | 11.4% | ₹ 10,000 | ₹ 8,11,337 |
| LIC MF Large & Mid Cap fund (G) | 11.3% | ₹ 10,000 | ₹ 8,09,109 |
| LIC MF Nifty 50 Index Fund (G) | 11% | ₹ 10,000 | ₹ 8,02,470 |
| LIC MF ELSS fund (G) | 10.5% | ₹ 10,000 | ₹ 7,91,556 |
| LIC MF Midcap Fund (G) | 10.1% | ₹ 10,000 | ₹ 7,82,956 |
| LIC MF Flexi Cap Fund (G) | 10% | ₹ 10,000 | ₹ 7,80,824 |
LIC Lumpsum Calculator on smallcase
A LIC Lumpsum Calculator is a financial tool that helps investors estimate the returns they can expect from a lumpsum investment in LIC Mutual Funds. With smallcase, you can calculate returns according via LIC SIIP returns calculator. So, whether you’re considering a lump sum investment or exploring different scenarios, this calculator empowers you with accurate insights.
Here are some of the features of the LIC Lumpsum Calculator on smallcase:
- It is easy to use and understand.
- It provides accurate estimates of returns.
- It can be used to calculate the lumpsum amount required to reach a certain target corpus.
- It can be used to compare different LIC Mutual Funds.
Benefits of Using LIC SIP Calculator
Utilizing the LIC SIP Calculator offers a range of benefits that can significantly enhance your investment decisions. Here are some of them:
- Easy to use and understand: The LIC SIIP maturity calculator is designed to be user-friendly and does not require any prior knowledge of financial concepts.
- Provides Accurate Estimates of Returns: The LIC SIIP returns calculator uses historical data to estimate the returns of different LIC Mutual Funds. However, it is not a guarantee of future results.
- Compares Different LIC Mutual Funds: The LIC SIIP plan calculator can help investors choose the fund that is right for their investment goals and risk appetite.
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Frequently Asked Questions
How to open a SIP account in LIC?
- Go to the LIC Mutual Fund website and click on “Open an Account”.
- Select “SIP” as the type of account you want to open.
- Enter your personal details, such as your name, address, and PAN number.
- Select the LIC Mutual Fund scheme you want to invest in.
- Enter the amount you want to invest each month.
- Select the frequency of your SIP, i.e., daily, weekly, monthly, or quarterly.
- Choose the mode of payment, i.e., NACH, ECS, or cash.
- Upload the required documents, such as your KYC documents and bank account statement.
- Click on “Submit”.
How to invest in LIC Bank SIP?
There are two ways to invest in LIC Bank SIP:
- Online: You can invest online through the LIC Mutual Fund website or through a LIC Mutual Fund distributor.
- Offline: You can invest offline by visiting a LIC Bank branch or a LIC Mutual Fund distributor.
However, irrespective of what mode you choose, you can easily calculate your returns via smallcase LIC SIP plan calculator.
How can LIC Bank SIP calculator help you?
The LIC Bank SIP Calculator helps you to estimate the returns they can expect from a Systematic Investment Plan (SIP) in LIC Mutual Funds.
s LIC SIP calculator Safe?
Yes, the LIC SIIP calculator is safe for investing in the long term. Investing a SIP amount at regular intervals in a LIC mutual fund scheme of your preference using LIC SIIP plan calculator gives you a clear picture of your investments without sharing your details with a third party.
How are the LIC Bank SIP taxed?
The taxation of LIC SIIP plan calculator depends on the type of mutual fund scheme you invest in. For example, in equity mutual funds for long-term capital gains (LTCG) the taxation is 10% while for short-term capital gains (STCG) the taxation will be at a marginal rate.
Why should you invest in the LIC Bank SIP plans scheme?
You should invest in LIC SIP plans for the following reasons: regular investment, flexibility, professional management, liquidity and easy to track.
Does LIC Bank SIP have a lock-in period?
No, LIC Bank SIP does not have a lock-in period. This means that you can withdraw your money from the SIP at any time without any penalties. Except ELSS and children’s saving fund there is a lock-in period.
When can I withdraw my LIC Bank SIP?
Yes, you can withdraw your LIC Bank SIP anytime. However, the ELSS investments have a lock-in period of 3 years while a children’s saving fund withdrawal can be done after 5 years.
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