Forecast Your Mutual Fund Returns with Ease

TaxSpanner’s Mutual Fund Calculator simplifies your planning by providing accurate projections based on your chosen investment method.

What is a Mutual Fund?

A mutual fund pools money from investors and invests in diverse assets such as equities, bonds, and money market instruments, managed by experts in an Asset Management Company (AMC). Investors are allotted units based on the Net Asset Value (NAV), and returns are distributed proportionately.

What is a Mutual Fund Calculator?

The Mutual Fund Calculator is an online tool that estimates your investment’s growth over time. By entering details like the investment amount, duration, and expected rate of return, you can easily forecast potential earnings. It’s perfect for evaluating both one-time investments and SIPs:

• One-Time Investment: Input total investment, expected return rate, and period.
• SIP Investment: Enter monthly SIP amount, expected return, and investment term.

How the Mutual Fund Calculator Works

The calculator uses the Future Value (FV) formula to project your investment returns:

• One-Time Investment Example: Rs. 1 lakh at 8% annual return for 10 years becomes approximately Rs. 2,15,893.
• SIP Example: Rs. 1,000/month at an 8% annual rate for 10 years accumulates to around Rs. 1,84,170.

Key Benefits of the TaxSpanner Mutual Fund Calculator

• User-Friendly: Simply enter three details – investment amount, duration, and expected return.
• Free Access: Use the calculator as many times as needed without any charges.
• Quick Insights: Calculate returns instantly, saving time and effort.
• Comparison-Friendly: Evaluate different scenarios with SIP or one-time investments.
• Goal-Oriented: Adjust timelines and returns to align with your financial goals.

Types of Mutual Fund Investments

• Direct Plans: Invest directly with the AMC for a lower expense ratio.
• Regular Plans via Distributors: Get guidance from certified mutual fund distributors.
• Online Platforms: Access various mutual fund options through third-party portals.

Discover the potential of your mutual fund investment with the TaxSpanner Mutual Fund Calculator – your go-to tool for strategic financial planning!