Last updated on: April 30, 2025
The mutual fund industry in India has seen tremendous growth these days. One of the reasons for this impressive growth is the increasing popularity of Systematic Investment Plans (SIPs) among Indian investors. The returns from SIP can help you achieve your long term and short term goals.
LIC SIP calculator helps you in this journey. You can use the LIC SIP calculator to estimate the potential returns and make an informed decision.
An LIC SIP (Systematic Investment Plan) Calculator is an online tool that helps the users estimate the maturity value of your investments over a period
The LIC SIP Calculator uses the following formula to calculate the maturity value of the LIC policy:
Maturity Value = [ (P * t * (1 + r)^n) / ( (1 + r)^n – 1) ]
Where,
For example, suppose you make a SIP investment of Rs. 25000 for the duration of 15 years with expected returns of 13%. The calculator will instantly provide you with the future value of your investment
Amount Invested - ₹3000000
Total returns - ₹ 5600897
1. Is the LIC SIP Calculator accurate?
While the calculator provides an approximate estimate, actual returns may vary due to market fluctuations and the fund performance. The tool can be taken to calculate the estimated return value of your investment not absolute market value
2. Can I use the LIC SIP Calculator for other mutual funds?
The basic calculation part of compounding rates is the same in other returns. However, it is advised to calculate using the respective fund’s SIP calculator or a generic calculator from a mutual fund aggregator site like Fincover
3. Where can I find the LIC SIP Calculator?
You can find the SIP calculator of LIC on their official website or through mutual fund aggregator site like Fincover
4. Is the LIC SIP Calculator free to use?
Yes, the calculator is available for free and the users can utilize the same to calculate their potential SIP returns
5. Does the LIC SIP Calculator consider inflation?
No, the LIC SIP Calculator does not factor in inflation; it provides nominal returns based on the expected rate
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).