STP is an investment route in mutual funds just like SIP. However, how the initial and subsequent investments are made differs for both. An STP mutual fund calculator helps in calculating the wealth gained from an STP investment.

What is National Saving Certificate (NSC)? National Savings Certificate NSC scheme is a fixed income scheme. It is one of the popular savings instruments in India. One can activate this scheme at any Post Office. NSC scheme is the Government of...

Mutual Funds better than PPF Investing in ELSS funds recommended by Scripbox would get you returns of 12% p.a Here are the shortlisted funds by Scripbox Motilal Oswal Long Term Equity Fund Mirae Asset Tax Saver Fund What is the...

What is SWP in Mutual Fund? SWP stands for Systematic Withdrawal Plan. A SWP allows an investor to withdraw money at predetermined intervals. Instead of withdrawing the entire investment at one go (lump sum withdrawal), investors can withdraw the money...

What is an ELSS? Equity Linked Savings Schemes (ELSS) are tax saving mutual funds. ELSS funds are open-ended equity funds with a lock-in of 3 years. They invest the majority of their assets in equity. These funds are the only...

What is an Equated Monthly Instalment (EMI)? Equated Monthly Instalment (EMI) is the amount payable to the lender (bank or other financial institution) every month, until the complete loan amount is settled or paid back. When a person opts too...

Sukanya Samriddhi YojanaCalculationYearly InvestmentRs. 10,000/-Investment Duration15 YearInterest RateTotal InvestmentRs. 1,50,000/-Interest EarnedRs. 3,15,337/-Maturity AmountRs. 4,65,340/- What is Sukanya Samriddhi Yojana (SSY)? Sukanya Samriddhi Yojana (SSY) is a small savings scheme introduced by the Government of India in 2015 under the 'Beti...

What is PPF? PPF stands for Public Provident Fund. It was introduced in 1968 for the aim to mobilize small savings into an investment with reasonable returns with additional benefits to save tax. It helps one build a retirement corpus....