Mutual fund lump sum calculator |
Mutual fund lump sum calculator is the only calculator available online which can help to calculate the returns you will be getting after investing a lumpsum amount into mutual funds. As we all know the lump sum investment is the most profitable through which investors can start their mutual fund's investment journey.
Through mutual fund investment, investors can get benefits from various mutual funds investment scheme by just doing simple research, this research consist of two steps step 1 is to understand your risk appetite and step 2 finalize you the scheme which is idle for your financial goals and to add on mutual fund investment calculator helps to you calculate your return the returns you could receive if you are investing an amount in a scheme of your choice, at an assumed compounded rate, for the desired period of time.
The return of your investment is calculated by using a simple formula called Compound of interest
The formula is, Lumpsum amount = Present value(1+rate of interest/number of years)
In other words, Mutual fund lump sum calculator is one of the best financial tools for anyone willing to plan and calculate their finance for the future by investing a lump sum amount into mutual funds. Gradually this tool will lead you to the best lumpsum investment scheme which will help you to achieve your financial goal in the desired time frame.
Note the calculation is generated purely based on the information which is provided by the users.
I know now you will be wondering about which are the best mutual funds for lumpsum investment don't worry. I've have got you covered with some of the top mutual funds for lumpsum investment.
- SBI Bluechip Fund
- ICICI Prudential Bluechip Fund
- Motilal Oswal Midcap 30 Fund
- Aditya Birla Sun Life Small Cap Fund
- Franklin India Smaller Companies Fund
- SBI Magnum Multicap Fund
Nowadays there almost there is a bunch of calculators available online and since I've experience of Finpeg I will talk about their mutual fund lump sum calculator.
They offer easy to use a lumpsum calculator. To start with it you have to enter the amount you want to invest with the expected rate of return and the number of years for which you are willing to invest.
as soon, as you complete adding all the data you will get the estimated return you will get.
Advantages of using Finpeg mutual funds lump sum calculator
There are several advantages of using these calculators which make the life of investors easier.
- It saves you time by decreasing the need to do the calculations manually.
- It provides you close to an accurate estimate of the returns on your mutual fund investments.
- Since it’s an online tool, you can access it anywhere and anytime.
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