SIP (Systematic Investment Plan) calculator is a calculator that helps you know how much profit you can expect from mutual funds based on your deposits and expected rate of return. A SIP, or a systematic investment plan represents an effective method to invest in mutual fund schemes with the advantage of saving tax. With a SIP, investors are able to invest small amounts of capital at regular intervals. These intervals could be weekly, monthly, or quarterly, depending on investors’ financial conditions and the amount of income available. There is also a way to increase any SIP instalments, say, if your income increases, and opt for a step-up SIP. A step-up SIP calculator helps you to gauge returns with new amounts invested.