Mutual Fund Investments are managed professionally and run by an Asset Management Company. An AMC serves as a mediator for retail investors and pools in money from them. That money gets invested in shares, money market instruments, and other securities. In turn, each investor gets assigned a specific number of units proportional to the fund’s investment. Their losses, gains, expenses, and income of the fund are in proportion to the investment in the fund.
About Mutual Fund calculators
It is a tool that lets you calculate returns from Mutual Funds. You can compute the maturity value of an investment if you wish to invest through Systematic Investment Plans or Lumpsum Investments. The calculator is a quick, accurate, and easy-to-use tool that allows you to get an estimate of the maturity value of the investment you wish to choose, even before you invest the money.
The calculator enables you to make an expense budget and achieve your financial goals after giving you an idea of the amount you get during maturity. The calculator also offers an accurate calculation of your maturity amount after inputting personal details like SIP amount and duration.
How do they work?
The SIP Investment calculator comes with a formula. You select the investment’s duration and investment amount to derive the maturity returns. For the SIP calculator, you need to add the SIP amount and time frame. The calculator then shows you the investment value at maturity.
Benefits
Using the calculator has the following advantages:
- Allows financial planning in a quick, hassle-free, and convenient way.
- Lets you set your investment goals and plan your investments.
- Saves your time and prevents any errors that can happen with a manual collection.
- You can calculate both Mutual Fund Investments, however, SIPs are more disciplined.
- You can check the maturity value of your Mutual Funds in seconds.
- You also get an idea of the different maturity values as you opt for different return rates.
- Provides an accurate estimate of your return on investment.
Conclusion
Investing in Mutual Funds is beneficial if want a simple, professional, and diverse way of investing. Remember to use the calculator and analyse all the aspects of your preferred investment option so that you get the most benefits from it.