Investment Calculator in Rupees
Planning for an investment? That is a great idea. You can invest a fixed amount on a month-to-month basis for a certain period in equity mutual fund. With the use of systematic investment plan (SIP), you can easily calculate your returns through a SIP calculator.
Let us understand the concept of Investment with an example: - If you are planning for your daughter's marriage in the next 5 years, you need to determine the money that you will be affordable to pay every month for a fixed period and calculate the same value with investment calculator to know how much you can save at the end of the investment plan.
How is Investment calculator works?
You can easily calculate your investment plan by entering a few required details as given below:
Starting Amount: - Enter the sum of amount that you will be paying regularly.
After Years: -Enter the number of years for your investment goals.
Interest Rate: - Estimate the interest rate that you are expected to get in return for investment.
Additional Contributions: - It also refers to annuity payment in financial terms. However, it's not mandatory to do in investment.
Frequency of Contributions: - Under the frequency of contributions you will be given flexibility to investment, whether you want to contribute monthly or yearly. This is totally up to you, as per your convenience you can choose your own option.