Mutual fund calculator: Ravi Ujjwal is a 30 year old professional with a goal of achieving an investment corpus of ₹5 crore by the time he retires. He wanted to know how much he needed to invest and the time period required to achieve the goal. After doing some research, he found out that his personal calculation suggests that he would require ₹20 lakhs to achieve the goal. He wanted to know how he could achieve this goal without putting in a huge amount of money, he stumbled upon the concept of Mutual Funds.
invest as low as Rs 1, one could invest in Mutual Funds and create wealth. With the help of a Mutual Fund Calculator, Ravi was able to calculate his returns, the corpus he could generate and the time it would take to reach his goal. He was elated to find out that he could achieve his goal with a small amount of investment and was ready to start the journey.
Rs 10,000 SIP: It would take 32 years and 11 months to get Rs 5 crore by invest Rs 10,000 in a Mutual Fund SIP plan, provided you get an expected return of 12 percent annually. This was one of the options Ravi wanted to explore and he was ready to begin his journey.
Online Financial Calculators: You name your goal or investment and there are financial calculators available online to help you with your goal. Be it calculating your EMI for a loan or calculating the returns for an investment, calculating your retirement corpus or calculating your insurance needs. The online calculators are available to help you with all these calculations.
Online Mutual Fund Comparison Tools: 'Compare Mutual Funds' tool is available online to compare the different Mutual Funds available and to make an informed decision. With this tool, one can compare the different Mutual Funds available and make the decision based on the returns, the risk involved and the features that the Mutual Funds offer.
Mutual fund schemes have asset classes such as equity funds, debt funds and balanced funds. The allocations vary from scheme to scheme. It is up to the invest to decide which fund suits his needs. The online Mutual Fund Calculator helps invest to compare different schemes and make an informed decision.
SIP is offered by Mutual Funds and it allows the invest to infuse a fixed amount on a regular basis into the mutual fund scheme. This helps the invest to reduce the risk of the investment and also helps to achieve the goals in a disciplined way.
In this case, the mutual fund return calculator or mutual fund SIP calculator helps the invest to calculate the amount that needs to be invest and the amount that could be generated from the investment. The calculator also helps to compare the returns from different Mutual Funds schemes and make an informed decision.
Mutual fund SIP calculator comes handy when calculating the returns from the SIP investment. The calculator calculates the returns based on the amount invest and the expected returns. It also helps to calculate the corpus generated and the time it would take to reach the goal.
If an invest starts a monthly SIP with ₹15,000 at the age of 25, then as per the 15 X 15 X 15 rule of mutual fund investment, he will generate a corpus of ₹3 crore by the time he reachers 60 years of age.
Mutual fund calculator: Monthly SIP of ₹10,000 grows over ₹10 lac in 5 years. HDFC retirement Savings Fund Equity Plan Direct-Growth is one of the funds that has been performing well over the last 5 years. The fund has given an annualised return of 15 percent over the last 5 years and is one of the best performing Mutual Funds.
Mutual Funds can be a great way to invest and grow the money. But before invest in a fund one need to do proper research and understand the risk involved. With the help of online mutual fund calculators, one can make an informed decision and create wealth.
invest in Mutual Funds is easy and convenient. With online tools available to compare and calculate the returns, it makes it easier to invest and manage the investment. invest in Mutual Funds can be a great way to create wealth and achieve financial goals.
With the help of mutual fund calculators, one can make an informed decision and create wealth. invest in Mutual Funds is easy and convenient. With the help of online financial calculators, one can make an informed decision and create wealth.
Extracted Keywords: Mutual Funds, Financial Calculators, investment Corpus, SIP, Equity Funds, Debt Funds, Balanced Funds, Return Calculator, Compare Mutual Funds, investment, Wealth, financial goals
Extracted Tickers: HDFC
Extracted Image Description: A financial calculator with a graph of investment returns over time.