In order to use this calculator more efficiently, I will suggest you to read the blog post written specifically about it. This blog post covers the following topics related to this calculator:
- How to decide the holding time?
- How to estimate the expected returns?
- How not to commit month contributions?
- Where to actually invest money after using this calculator?
|Investment Goal||How much amount you are planning to build throught this investment. What is your goal? (INR)|
|Holding Time||For how much time you are planning to continue your monthly contributions & hold your lumpsum amount? (Years)|
|Expected Return||How much returns you are expecting on your investment? Returns below 10% can be earned by investing in risk free instruments. Returns abouve 10% needs investing in risky instruments like equity.|
|Initial Investment||How much lumpsum amount you can invest right now. If you cannot afford a lumpsum amount, put the amount as zero (INR)|
|Monthly Contributions||How much monthly contributions you can afford to invest right now (INR)|
|Investment Goal||This is the planned corpus- the amount to be accumulated from investment|
|Total Corpus Built||This is the actual corpus- the amount that has been accumulated from investment (through one time lumpsum amount and monthly contributions)|
|– Corpus Built (SIP)||This is the actual corpus- the amount that has been accumulated from investment (through monthly contributions)|
|– Corpus Built (Lumpsum)||This is the actual corpus- the amount that has been accumulated from investment (through one time lumpsum amount)|
|Report – Chart|
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