What is a Mutual Fund Calculator?

A mutual fund calculator is a tool that helps you estimate the potential returns on your mutual fund investments. It considers factors like investment amount, expected rate of return, and investment period to project the maturity value of your investment.

How Does This Mutual Fund Calculator Work?

This calculator supports two types of mutual fund investments:

• SIP (Systematic Investment Plan): A method of investing a fixed amount regularly (e.g., monthly).
• Lumpsum: A one-time investment of a certain amount.

The calculator uses compound interest principles to project the growth of your investment over time, taking into account the expected rate of return.

Key Benefits of Using a Mutual Fund Calculator:

• Investment Planning: Helps you plan your investments to achieve your financial goals.
• Understanding Potential Returns: Provides an estimate of the returns you can expect from mutual fund investments.
• Comparing Investment Options: Allows you to compare different investment scenarios by varying the input parameters.

Disclaimer:

This mutual fund calculator is for informational purposes only and provides an estimate. Actual returns may vary. Consult with a financial advisor for personalized advice.