Mutual Fund SIP calculator may provide potential investors an approximate estimate on the maturity amount of the monthly SIP, purely based on mathematical calculation of the projected annual return rate selected by investor. However, such calculation does not factor the actual performance by the Asset Management Company (AMC) and should not be treated as any advice or assurance about the actual return of investment. Hence, please note that the actual returns offered by a specific mutual fund scheme will vary depending on various factors including but not limited to actual performance, expense ratio, taxation, exit load (if any), etc.
You can use a mutual fund calculator to determine the effect of a certain variable (such as the investment amount, time period, and rate of return) on your overall gains and the investment value.
An online financial tool called a Systematic Investment Plan (SIP) calculator can assist you in figuring out the returns on your SIP investments. The calculator also provides you with the monthly investment amount required to reach your goal corpus.
There are several advantages of using the calculator for Bajaj Finance mutual funds. Among them are:
a. It gives you an approximation of the returns on your mutual fund investments that is reasonably accurate.
b. By removing the requirement for you to perform the calculations manually, you can save yourself a lot of time.
c. Because it is an online application, you may use it from any location, which is tremendously convenient for doing financial planning while on the road.
Yes, there can be negative returns when it loses value over a measured time period.
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