You can find the updated online HDFC SIP Calculator on this page. Everyone wants to invest some amount in various Mutual Funds to secure their future. So, the HDFC Systematic Investment Plan (SIP) is the best plan to invest in mutual funds. Therefore, use the HDFC SIP Calculator to calculate investment amount for monthly, yearly and daily. Thus, make use of the online SIP Calculator HDFC which is provided on our site. Also, know the benefits of Systematic Investment Plan in HDFC from here. For more details refer to the official website of HDFC Mutual Fund.
HDFC Asset Management Company Limited (AMC)
HDFC AMC Company is incorporated and was approved to act as an Asset Management Company for HDFC Mutual Fund securities have dated on 03 July 2000. The main headquarters of AMC is in Mumbai. While coming to the Investment Management Agreement, the HDFC trusted company as developed HDFC Asset Management Company Limited to maintain or manage various mutual funds schemes. The Some of the Zurich India Mutual Funds had migrated to the HDFC Mutual Funds on 19 June 2003. Also, the Asset Management Company providing advisory services or portfolio management and other activities are not conflict with the Mutual Fund activities.
Systematic Investment Plan (SIP)
The SIP is a better scheme to invest a small amount for a fixed period. The investor can invest money for monthly, yearly, and daily based on the SIP Scheme. SIP is more flexible because the investor can increase or decrease the investment amount that they have made. Also, the investor can stop investing money for a particular period of the plan. Systematic Investment Scheme is a better plan to those investors who have a little knowledge about the financial markets.
The benefits of SIP as it reduces the average cost of the units purchased. Also, the investors show more interest in buying more unit when the market value is less and purchasing fewer units when the market value is high. Hence with the help of HDFC SIP Calculator, the investors can know every month investment amount.
HDFC SIP Plan Overview
|Bank Name||HDFC Mutual Fund|
|Scheme Name||systematic Investment Plan|
|Rate of Interest||As per the economy status|
|Minimum SIP Investment||Rs. 500/-|
|Maximum SIP Investment||Rs. 1,50,000/-|
Latest SIP Interest Rates – HDFC SIP Annual Returns
|S.no||HDFC Mutual Funds||SIP Annual Returns|
|1||HDFC Top 200 Mutual Fund – Direct||32.8|
|2||HDFC Top 200 Mutual Fund||31.8|
|3||HDFC Growth Fund – Direct||30.5|
|4||HDFC Growth Fund||29.6|
|5||HDFC Large Cap Fund – Direct||23.2|
|6||HDFC Large Cap Fund||23.0|
|7||HDFC Index- Sensex Plus – Direct||21.8|
|8||HDFC Index- Sensex Plus Plan||21.5|
|9||HDFC Small Cap Fund – Direct||33.1|
|10||HDFC Equity Fund -Direct||33.0|
|11||HDFC Equity Fund||31.9|
|12||HDFC Small Cap Fund||31.4|
|13||HDFC Core and Satellite – DIrect||31.0|
|14||HDFC Premier Multicap -Direct||30.5|
|15||HDFC Capital Builder – Direct||30.2|
|16||HDFC Premier Multicap||29.7|
|17||HDFC Core and Satellite||29.4|
|18||HDFC Capital Builder Mutual Fund||28.7|
|19||HDFC MidCap Opport – Direct||37.8|
|20||HDFC Midcap Oppurtunties||36.5|
How to start SIP in Mutual Funds
Now investors can start Systematic Investment plan in HDFC Mutual Funds by following the below steps. Also, make use of Online HDFC SIP Calculator to calculate your investment amount for every month.
1. First log into the HDFC trading portal with your login ID and password, and date of birth. Then select the home page and click login now.
2. After completing the login process click on mutual funds tab and click on create mutual fund SIP from the drop down list.
3. Then select the Exchange (BSE/NSE), AMC NMamem, subcategory, Fund category, Scheme name and click on submit button.
4. Enter Amount, Frequency, Period, Start date and click on submit.
5. Finally, agree to terms and conditions and click on confirm button.
Benefits of HDFC SIP Calculator
Some of the HDFC MF SIP benefits are listed below. From these benefits, the investor can understand about the HDFC Mutual Funds.
Become a Disciplined Investor:
By the HDFC Mutual Fund Systematic Investment Plan, an investor can invest an amount of their choice of minimum Rs. 500/- per month. Also, by paying each month minimum amount the investor can reach their target amount very easily.
Note: The Minimum amount may be different for each scheme. So, please refer to SIP Enrolment details.
Reach to your Financial Goal:
The HDFC MF SIP is a perfect plan for the people who have a specific financial goal. By investing an amount of your choice for every month, the investor can meet their financial goals like marriage in a family, for child’s education, or for a comfortable postretirement life.
Here the below table indicates how a little amount for every month for 15 years helps to reach your financial goal.
|Savings per month
(for 15 years)
|Total amount invested
(Rs. in Lacs)
|Rate of return|
|(Rupees in Lacs, after 15 years)|
The monthly installments are compounded monthly for a 15 years period.
Take advantage of Rupee Cost Averaging
Most of the investors think to buy more stocks when the price is less and want to sell those stocks when the price is high. The most successful investment strategy is to adopt the method i.e. Rupee Cost Averaging. Here we have explained Rupee cost averaging by taking an example.
For example, Suresh invests Rs.1000/- every month in an equity mutual fund scheme which is starting from January. But his friend Ramesh invests Rs.12000/- at a time in the same scheme.
|Suresh’s Investment||Ramesh’s Investment|
|Month||Net Asset Value||Amount||Units||Amount||Units|
From the above table Suresh have more units than ramesh at the end of 12 months. As they both invested the same amount. This has happened due to the average cost of suresh units is much lower than the Ramesh units. Ramesh has made only one investment when the cost per unit price was high.
The below graph shows that in February month the NAV value is high then it indicates that you can buy less number of units. Also in the month of October, the NAV Value is less which indicates that you can buy more no.of units.
Grow your Investment with compound benefits
It is a very better idea to save a small amount of money regularly, rather than to save a large amount at one time. This is because when you save a large amount at one time, then your savings may not earn much interest.
With the help of HDFC MF SIP, the amount you invest grows through compounding benefits as well i.e. the interest that is earned on your investment also earns interest. For clarification, here we have explained with an example.
For suppose, Sharmila is 20 years old when she started working. So, for every month she saves some amount. By calculating with the HDFC SIP Calculator Sharmila invests Rs. 5000/- till she is 25 years old. The total investment made by her over 5 years is 3 lakhs. Also, Ravi also starts working when he is 20 years. But he did not invest monthly. At once after 5 years he had got a bonus of total amount 3 lakhs at the age of 25, and he decides to invest the total amount.
They both decided not to withdraw these investments when they turn 50. After 50 years the Sharmila total investment had grown to Rs. 46,68,273/-. whereas Ravi’s investments have increased to Rs. 36,17,084/-. Because of her decision to invest a small amount to a SIP have made her get 10 lakhs more than Ravi.
|SIP Calculator for HDFC|