Details of Bank

Designated bank account details for client dealings
Name Of Bank Address Of Bank Branch Name Account Number PAN IFSC Code Account Name
HDFC Bank B.B.D Bag, East, Kolkata Stephen House 00080340040502 AAOCS1879E HDFC0000008 Gretex Share Broking Limited USCNB Account

Investors are requested to note that Stock broker Gretex Share Broking Ltd. is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Gretex Share Broking Ltd. is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under Know / Locate your Stock Broker.

SIP Calculator

Estimate the potential future value of monthly investments using an adjustable assumed annual return and investment period.

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Projection Summary

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Total contributions
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Projected gains
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Projected value
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View annual breakdown

Assumes contributions are made at the beginning of each month and the selected annual return compounds at its equivalent monthly rate.

About SIP Calculator

A Systematic Investment Plan (SIP) is an investment strategy where you invest a fixed amount regularly in mutual funds. This calculator helps you understand how your SIP investments can grow over time.

How SIP Works

  • Regular Investment: You invest a fixed amount every month
  • Power of Compounding: Your returns generate more returns over time
  • Rupee Cost Averaging: You buy more units when prices are low and fewer when prices are high
  • Disciplined Saving: Helps build a habit of regular investing

Benefits of SIP

  • Start with as little as ₹500 per month
  • No need to time the market
  • Reduces the impact of market volatility
  • Flexible - increase, decrease, or pause anytime
  • Long-term wealth creation through compounding

Algorithm & Formula

FV = P × ( 1 + r ) n - 1 r × ( 1 + r )

Where:

  • P = monthly contribution
  • R = assumed effective annual return
  • r = ( 1 + R ) 1 12 - 1
  • n = 12 × investment years
  • The final (1+r) assumes beginning-of-month contributions

Who Should Use?

Long-term investors, salaried individuals, and first-time mutual fund investors seeking disciplined wealth creation through regular investments.

Key Factors

Monthly SIP Amount: The fixed amount you invest every month (₹500 - ₹1,00,000)

Expected Return: The annualized return you expect

Investment Period: Duration for which you plan to invest (1-40 years)