UTI SIP Calculator

How UTI SIP Calculator Works?

UTI SIP calculator is one of the most basic yet vital tools you can rely on to make more informed decisions regarding mutual fund investments via SIP. It enables you to assess returns on your chosen UTI mutual fund scheme. Notably, the UTI mutual fund SIP calculator works based on 3 key factors such as the SIP amount you wish to invest, the duration of the investment, and the expected rate of return. This expected rate of return can be found on the UTI Asset Management company’s official website. It is generally based on the past performance and future prospects of the mutual fund scheme you choose. Continue to scroll down for a more detailed understanding.

How Can a UTI SIP Calculator Help You?

Let’s examine certain key benefits you can expect in the UTI SIP calculator:

• Predict Feature Value: It helps you estimate how much money you can earn when the tenure ends. This gives you an overall insight into your investment at just a glance.
• Investment Planning: It allows you to adjust variables such as the investment amount, tenure, and return rates. This empowers you to plan your investment more effectively.
• Compare Counterparts: It enables you to compare the performance of other fund schemes. This enables you to choose the fund that best suits you based on your risk appetite.

How Does the UTI SIP Return Calculator Work?

The UTI mutual fund SIP calculator works based on the following formula:

FV = P x {[(1 + i) ^ n – 1] ÷ i} x (1 + i)

Where,

• FV = Future value of investments
• P = SIP amount per month.
• i = Expected rate of return
• n = Number of SIP instalments

Let’s have a look at the following calculation. Imagine you want to invest ₹5,000 per month via SIP in a fund scheme provided by the UTI Asset Management Company. The expected return rate is supposed to be 12% per annum. What would be your investment value after 10 years?

Where,

• P = ₹5,000
• i = 12 % annual return = [12/100] ÷ 12 = 0.01 per month
• n = 10 years = 10 x 12 = 120 months

Put these values on the abovementioned formula:

FV = 5000 x {[(1 + 0.01) ^ 120 – 1] ÷ 0.01} x (1 + 0.01)

FV = 5000 x 230 x 1.01

FV = 11,61,500

Total value of your investment	₹11.615 Lakhs
Total Invested Amount	₹6 Lakh
Total Profit	₹5.615 Lakhs

UTI SIP Return Rate

Following is the list of leading UTI mutual fund schemes as of February 2024:

Fund Name	Fund Type	Return Rate (p.a)
UTI Dividend Yield Fund	Equity Fund	23.78 %
UTI Value Fund	Equity Fund	22.65 %
UTI Healthcare Fund	Equity Fund	25.71 %
UTI India Consumer Fund	Equity Fund	17.78 %
UTI Retirement Fund	Hybrid Fund	14.53 %
UTI Equity Savings Fund	Hybrid Fund	13.30 %
UTI Multi Asset Allocation Fund	Hybrid Fund	18.93 %
UTI Money Market Fund	Debt Fund	5.98 %
UTI Floater Fund	Debt Fund	6.09 %
UTI Overnight Fund	Debt Fund	5.09 %

Lumpsum Calculator UTI

The UTI lumpsum calculator is a type of mutual fund calculator. It shows or predicts returns you can expect on a lumpsum investment. Notably, lumpsum investment refers to a one-time investment that enables you to invest a large amount of money all at once. You can locate the UTI mutual fund lumpsum calculator on its official website, where you must enter the investment amount, duration, and expected rate of return to know the future value of your chosen lumpsum investment. In a jiffy, the calculated will display how much money you can receive if you invest as per what you have entered on the calculator. You can further use this calculator to compare different fund schemes and their returns, empowering you to choose the one that best suits you.

UTI SIP Calculator With Topup

The UTI SIP calculator with top-up is also a mutual fund calculator designed to help investors evaluate the returns on their investments. This type of investment allows you to increase your monthly SIP amount at predetermined intervals. Thus, SIP with top-up investment ultimately accelerates returns and leads you to achieve your financial goals faster. To calculate the return on an SIP with a top-up investment, you must enter details such as your initial SIP amount, investment duration, applicable return rates, and the top-up percentage and top-up frequency. The calculator instantly shows the future value of your investment based on the information you have provided. Ultimately, users of the UTI mutual fund calculator with top-up can gauge the growth of their investment over time, enabling them to make well-informed decisions.

Difference Between UTI SIP & Lumpsum

Let’s examine the key difference between UTI SIP & Lumpsum investment:

Factor	SIP Investment	Lumpsum Investment
Investment Amount	Fixed amount at regular intervals	Large amount in one go
Investment Goal	Long-term investment	Short-term investment
Risk Appetite	Low-risk	High-risk
Timing the Market	Does not matter	Does matter
Market Conditions	Good for volatile market conditions	Good for bullish market conditions
Flexibility	More flexible	Less flexible
Returns	Moderately high over the long term	Moderately high over the short-term
Cost Averaging	Applicable	Not applicable
Overall Risk	Lower	Higher

Pros of Using Urban Money’s UTI SIP Calculator

Following are the major benefits you can avail of using Urban Money’s UTI SIP calculator:

• It simplifies the complex calculation and gives you a clear picture of your investments.
• It allows you to compare SIP options within and outside the UTI Asset Management Company.
• It enables you to adjust variables to see how the outcome changes, empowering you to make decisions accordingly.
• It provides access to educational insights, such as how the SIP works, the top-performing funds available, and other applicable tips.
• It is easy to use, available online, and free of cost.