lumpsumcalculator.in
lumpsumcalculator.in
Calculate returns on your Lumpsum investments.
Navigating the investment waters can often seem intimidating, but it doesn’t have to be! Among the myriad of tools available, a Lumpsum Calculator stands out as a user-friendly aid, especially helpful for those stepping into the realm of investments. Let’s break this down into simpler terms so that even an 18-year-old can easily grasp it!
A lumpsum investment is when you invest a large amount of money at one go in mutual funds or any other investment avenue instead of investing a little every month. It’s like buying a big basket of fruits in one go rather than buying a few every day!
A Lumpsum Calculator helps you find out how much your one-time investment can grow over time. It uses two main things: the amount you invest and the rate at which it grows, known as the 'rate of return'.
Suppose you invest ₹1 lakh at a 10% rate of return for 5 years. The calculator will tell you how much this ₹1 lakh will become at the end of 5 years!
Let’s consider you are a college student and received ₹50,000 from a scholarship. You are tempted to spend it but decide to invest it instead. The Lumpsum Calculator will show you how much this money can grow over a specific period, helping you decide whether to go ahead with the investment.
Lumpsum Calculators are a valuable tool for everyone, especially for young Indians looking to understand the potential growth of their one-time investments. They simplify complex calculations and understandably present the results, enabling individuals to make well- informed investment decisions.
Investing may seem complex, but with tools like Lumpsum Calculators, the journey becomes simpler and clearer. So, why wait? Start exploring! Use a Lumpsum Calculator, and see how your money can grow!
Note: Investments in mutual funds and other avenues are subject to market risks. The information provided in this article is for educational purposes only and is not a substitute for professional advice based on individual circumstances.
Disclaimer : We DO NOT offer any financial advice here. It should be used only for informational purpose. Investment in mutual funds or any asset class comes with an inherent risk. It's just a web based tool for getting a rough estimate about the future value on your SIP investments. The calculations are based on projected annual returns. The actual annual returns may be higher or lower than the estimated value. And it may have significant impact on the final returns. So, do your own analysis or hire a financial advisor/planner before making any decision.