Mutual Fund Calculator

Mutual fund investments help investors grow wealth in the short and long term. It helps to meet their various needs without digging through their savings. The mutual fund calculator helps estimate how much investment is required every month. It also helps to estimate the maturity amount for a one-time investment. This article covers the mutual fund calculator and how it works in detail. 

What is a Mutual Fund Calculator?

A mutual fund calculator is an online tool that helps estimate returns from a mutual fund investment. This calculator works on the simple inputs you give like investment amount, expected rate of return, investment period and step-up rate. Also, Scripbox’s mutual fund calculator gives output in graphical format, which reflects the total investment amount, wealth gained and maturity amount. 

This calculator helps estimate the maturity value of an investment if invested through a monthly SIP mode or lumpsum mode. Scripbox’s mutual fund calculator estimates the returns in terms of maturity amount, wealth gained and also compares the performance with Scripbox’s Long Term Wealth Fund. Therefore, you can calculate both lump sum and SIP investment returns using this calculator. 

It is important to note that this calculator only estimates based on the provided inputs. The mutual fund calculator doesn’t guarantee any returns. Thus, the returns from any mutual fund investment depend on the fund performance. Moreover, the actual return from the mutual fund investment can be higher or lower than the estimate provided by the calculator. 

How Does a Mutual Fund Returns Calculator Work?

The mutual fund calculator is simple and easy to use. Using the compound interest formula, it estimates the potential return from an investment (either SIP or lumpsum). Also, the calculator considers the number of compounding periods and estimates the potential returns. As a result, it calculates the earning from an investment and the maturity amount. 

The mutual fund calculator requires you to enter the monthly investment amount or one-time lump sum amount, the expected rate of return, the investment duration in years and the step-up rate. The online mutual fund calculator will automatically calculate the maturity amount and wealth gained for mutual fund investments. 

How To Use Mutual Fund Calculator Work?

Every investor is curious to estimate their potential returns while investing. While estimating returns ensures investors know whether the chosen investment will help them realise their financial goals or not. Scripbox’s mutual fund calculator is available online on the website. It helps you estimate the potential returns from your investment at the end of your investment tenure. Scripbox’s calculator estimates the wealth and maturity amount through the monthly SIP mode and lump sum mode.

Monthly SIP

The monthly SIP calculator helps estimate the potential SIP returns when you know how much you want to invest monthly. The following are the steps to determine the potential returns – 

  • Firstly, you have to enter the monthly investment amount
  • Secondly, enter the expected returns
  • Thirdly, enter the investment period in years
  • Finally, enter the step-up percentage. The step-up percentage is an increase in the monthly investment amount every year. This is determined by your income growth rate. In simple words, you can increase your monthly SIP amount every year by the step up%, which can help you achieve your financial goals faster and systematically.

Therefore Scripbox’s mutual fund calculator will automatically estimate the potential gains at the end of the investment period. Further, the investment graph visualises maturity amount and wealth gained during the investment period. 

Lumpsum

The lump sum MF calculator helps estimate the potential returns when you know how much you want to invest lumpsum or one-time investment amount. The following are the steps to determine the potential returns – 

  • Firstly, you have to enter the investment amount that you are willing to invest.
  • Secondly, enter the expected returns
  • Thirdly, enter the investment period in years

Therefore, Scripbox’s mutual fund calculator will automatically estimate the potential gains for the lumpsum investment at the end of the investment period. Further, the investment graph provides the visualisation of maturity amount and wealth gained during the investment period. 

* It is important to know that mutual fund investments are subject to market risks. Hence, you should understand that the calculator is just an estimate of the potential returns and doesn’t guarantee them.

Benefits of Using Scripbox Mutual Fund Calculator

Before making any investment decision, it is important to perform proper research and analysis. Also, estimating the potential returns before investing helps to understand whether it is a profitable investment opportunity or not. Furthermore, your financial objective shall be aligned with the investment objective of the asset. This enables you to choose the right investment asset to help you realise goals faster. The following are the benefits of using the calculator:

  • Estimate Maturity Amount: The calculator enables you to estimate their potential returns at the end of the investment tenure. This calculator helps estimate the maturity amount and wealth gained from both one-time and monthly SIP investments. 
  • Easy to Use: Scripbox’s mutual fund calculator is easy to use and available online. You are required to enter the required details to estimate your potential investment returns. Thus, this saves your time from doing complex calculations. This calculator estimates the maturity amount and wealth gained within seconds. 
  • Flexibility: The mutual fund calculator allows you to change the investment period, estimated returns and investment amount. You can set multiple combinations of the amount to be invested, tenure, rate of return and then decide the optimum combination.
  • Step Up: The mutual fund calculator allows you to step up your monthly investments annually. In other words, stepping up helps to achieve financial goals quicker. 
  • Simple Interface: The mutual fund calculator has an easy interface where you have to provide very few details to generate the estimated output. Thus, you can save time using the calculator to estimate your returns. 
  • Proper Planning: Using a calculator enables you to plan your finances better. It helps you calculate the maturity amount, i.e. with your current investment, what will be the amount required for your financial objective. With these estimations, you can take the required actions to make any changes to your investment plan to earn significant returns. 

Therefore, Scripbox’ mutual fund calculator is very helpful in estimating the returns from monthly SIP or one-time investment. It helps understand the substantial growth of the investments and what more you can do to achieve higher returns. Finally, it has all the information required to multiply the invested amount to achieve its financial goals.