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?
| Data Input | Remarks | |
|---|---|---|
| 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) |