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How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

In 2020, I was saving ₹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ₹6,12,000 — and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.

📉 What Went Wrong in Year 1

In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.

📈 Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

🔄 My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: ₹6,12,000
  • Average returns: 13-15% p.a.

🧠 What I’d Do Differently If Starting Again

If I could start over, I’d set up my SIPs and forget about the daily market noise. I’d diversify a bit more, avoid panic-selling, and trust the process. Most importantly, I’d start even earlier — because time is your biggest ally in compounding.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Utilized in energy cables, wind generators, electrical automobiles and photo voltaic panels, copper is a key materials for the vitality transition.
“Copper’s second secular bull market this century is being driven by booming decarbonization-related demand growth,” Citigroup Inc. analysts wrote in a word. “Only higher prices will solve these deficits.”
The metallic traded little modified Tuesday at $9,419.50 a ton on the London Metallic Alternate at 4:19 p.m. native time.

China’s manufacturing unit exercise beat expectations in March, the newest signal of an financial restoration on the planet’s largest copper person. Information displaying elevated spending additionally suggests home consumption is gathering tempo.
Throughout the bull market of the 2000s, copper rose greater than fivefold in three years, pushed by urbanization and industrialization in China. Citigroup stated there’s potential for “explosive price upside” once more within the subsequent three years.
There’s been a sequence of manufacturing setbacks at mines around the globe, which has compounded issues round an absence of recent provide. The dearth of recent initiatives is “finally starting to bite,” Financial institution of America Corp. strategists stated. The financial institution expects copper to common $12,000 a ton by 2026.
Different base metals rose Tuesday, with zinc including as a lot as 2.4% as Chinese language smelters grow to be the newest casualty of overcapacity within the nation’s metals markets.
(By Jack Ryan)

#Copper #value #15month #excessive #provide #fears #spur #bullish #calls

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