Mutual Funds Calculator: Your Perfect Financial Planning Tool

In any stage of financial planning, everyone strives to know how much earnings they would accumulate in the form of returns and save tax thereon. Especially, when it comes to Mutual Funds where mutual funds calculator will assist you in calculating your investments and assess the performance of your returns over a specified period of time. Let's take a look at how mutual fund calculators are helpful to you in various ways:

Mutual Fund Returns Calculator

Are your mutual funds giving you healthy returns? Know with the help of the Mutual Fund Returns Calculator which will lend you support in making you informed about the returns generated over a specified period of time. It also highlights you the returns and performance rank of the fund within its peer group for a selected time period. Moreover, you can use the mutual fund returns calculator for evaluating the performance returns of your scheme as under:

1. Enter the name of Mutual Fund

2. Enter the scheme name of the Mutual Fund

3. Enter the date of returns for the stipulated time period which you want to access with.

Mutual Fund Ranking Calculator

Check out the performance of overall mutual fund schemes with the help of a Mutual Fund ranking calculator. The schemes have their specified category for the chosen time intervals ranging from 7 days to 3 years and so on. The comprehensive picture will divulge you the returns and performance rank of the fund. An investor will ascertain their investments suitably as to which mutual fund scheme they would like to go for.

Mutual Fund SIP Return Calculator

SIP is a method of investing a fixed amount, continually, in a mutual fund scheme. SIP permits an investor to buy the units on a prescribed date every month so that one can estimate their saving plan for themselves. An investor doesn't need to time the market. By taking the help of SIP Calculator, one can even get to know that how small investments made at regular time intervals can garner better returns over a long time period.

By using Mutual Fund SIP Return Calculator, an investor can examine the returns accrued on their SIP investments in a specified fund till date. All you need to go through the steps by using the Mutual Fund SIP Return Calculator:

1. Choose the name of AMC you would like to invest.

2. Choose the scheme name of that particular AMC you would like to invest.

3. Enter your amount of investment in INR.

4. Enter your SIP frequency-Monthly or Quarterly.

5. Enter your SIP date from the beginning date of your investment till its maturity.

Tax Savings Calculator

Now you can save tax by investing in ELSS, NPS, and other 80C instruments.  By using Tax Savings calculator, you can evaluate how much tax you can save on these instruments. Just go through the steps given below:

1. Enter the Total Amount for the year.

2. Enter the amount calculated(after adding both employer and employee contribution) in your Employee Provident Fund(EPF) account.

3. Enter the amount invested in your Public Provident Fund(PPF) account.

4. Enter the premium amount of your Life Insurance

5. Enter the returns fetched by your 5-Year Bank Fixed Deposit

6. Enter the repayment amount for your house loan (principal portion)

7. Enter the Tuition Fees which goes towards your child's education

8. Enter the amount for 'Any other Kind of Investment' being made(the sum total amount)

The moment you submit all the above details, the calculator will show you the results about the total deductions made under Section-80 C of the Income Tax Act, 1961 & your total income after deductions. The final result will also highlight the amount of savings which you can further invest in other financial instruments.

Lump Sum Calculator

Lump Sum Calculator is useful in instances where your lump-sum investment which you have made  today help you to fetch the returns over a particular period of time at a specified rate of return.

Enter the amount in the lump sum calculator with time and an expected rate of return. See how the power of compounding works effectively for you. For example : An investment of ₹ 20 lakhs is to be made by an investor at expected returns 15% p.a. for the period of 20 years. After calculating the maturity value through the calculator, the result comes out to be   ₹ 3,27,33,074.79.

Disclaimer- Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.

Mutual Funds Investment: The Leap of Faith we all Need to take!

Mutual Funds are a type of investment that has quite recently gained popularity, particularly in India. In a layman’s language, mutual funds are an investment plan that is a pool of equities, bonds and other securities that are open for participation for the like minded investors. Each investor in this plan shares the surplus and/ or the deficiency of the fund.

The Net Asset Value or NAV of the funds keeps changing every day and is hence estimated on a daily basis. This investment plan not only balances out the risks involved but also widens the arena. On the basis of period of maturity, Mutual Funds can be categorised in the following types:

Open-Ended: Open-ended funds are known for their ability to generate high liquidity for the investors. This type of funds can be issued and redeemed at the convenience of the investor and are valued as per the daily NAV.

Closed-Ended: The availability of this the Closed-ended funds for purchase open on the release of New Fund Offer or NFO. These funds only liquefy after the completion of their maturity period. The investors can immediately liquify these type of funds via sale-purchase at the exchange where they are enlisted.

Benefits of Mutual Funds

Let us take a look at some of the major benefits that Mutual funds have on offer for the investors!

Diversification of risk: Investing in mutual funds diversifies the risk of the investor. If an investor has a small amount of money to invest, then investing on individual stocks or bonds would be more riskier than investing in mutual funds.  

Promoting liquidity: Both open-ended funds and closed ended funds generate liquidity in the market. However, the period of time in each of the cases might differ.

Investments on a small scale: Mutual funds promote investments on a varied scale ranging from the lowest amount possible to the highest that an individual can spare. Hence, this is the best choice for those who have a small amount and the will to invest.

Transparency in participation: These types of investments are very much transparent in their functioning as the experts provide the investors with multiple schemes and choices before investment. This helps the investor be the incharge of his/her plan and participation.

Expert management of funds: These type of funds are always managed by experts who conduct proper research before moving ahead with the investment. They try to make the best possible choice for your money so that your earn the best results.

Mutual Funds in India

Mutual funds investment in India can be done through the following channels:

Though Systematic Investment Plan: Systematic Investment Plans or SIPs are the best way to invest in mutual funds in India. Through this method, an individual can conveniently make investments on a regular basis. The amount required for this plan can be as per the convenience and capacity of the investor. Systematic Investment Plans hold the capacity to give good returns in the longer run and do not require a large amount of money to be invested.

Based on ability to take risk: Depending upon the ability to take risk of the investor, an individual can chooses his/her pick of mutual funds. Those who prefer a high-risk investment can go for equity funds, those who prefer a moderate level of risk can go for hybrid funds and those who like to prefer the slow and gradual road can go for investments related to debts.

Based on various categories of funds: The performance and the time required by the funds differ for the large-cap, small-cap and mid-cap funds. The investor is free to choose amongst these or make a suitable combination using all of them to design the apt investment plan for his/her financial goals.

Based on different sectors: Investment can also be planned according to the sectors. An individual can plan his/her participation in a particular sector if he/she can sense that the sector would outperform in the near future. Such prudent approach can lead to good results.

Based on one’s financial goals: On the basis of your financial goals, you can choose your plans and plan your participation in mutual funds. The plan and participation might vary for different people with different goals leading to an availability of an option for everyone.

Mutual Funds Sahi Hai

‘Mutual Funds Sahi Hai’ is a media and communication campaign launched by the Association of Mutual Funds in India, also known as AMFI. This campaign is directed to increase awareness amongst investors about investment in mutual funds. The campaign aims at increasing participation in mutual funds in India and increase awareness about it amongst the potential investors. As the name of the campaign conveys, its purpose is to convince the potential and existing investors to trust and invest in mutual funds so as to increase their returns and reach their financial goals conveniently.

The man behind the launch of ‘Mutual Funds Sahi Hai’ is G. Mahalingam, who is a member of SEBI, who believes that this has occurred for the very first time in the history of financial services that the whole community has joined hands to push forward the category. This campaign will not only invite more investors but will also clear out the myths and doubts that are holding back the common people from investing.   

Mutual Funds Calculator

Mutual Funds calculators can be categorised on the basis of:

• Returns
• Ranking
• SIP Returns
• Tax Savings
• Monthly Needs
• Retirement Needs
• Child’s Education
• Child’s Marriage and so on.