Lumpsum Target Calculator

This calculator helps you determine how much you need to invest monthly through a SIP to achieve your financial goals. By simply inputting your expected rate of return, investment tenure, and desired target amount, you can estimate the total corpus you will accumulate over time.

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How much amount you want to save (Rs)
500
How many years after you need this amount (Years)
1
Expected rate of return (% per annum)
1
Rs. 2,16,09,712
Your Targeted Amount
30 Years
Number of years to achieve your goal
Rs. 2,483
Lumpsum Investment Amount

FAQ

Frequently Asked Question

What is a mutual fund?
A mutual fund is a pooled investment vehicle that collects money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. It is managed by professional fund managers.
How do mutual funds work?
Investors buy units of a mutual fund, and their money is combined with others. The fund manager uses this pool to invest in various assets. Any gains or losses are distributed proportionally among the investors based on their units.
Are mutual funds safe?
Mutual funds are subject to market risks. However, the risk level varies depending on the type of fund. For example, equity funds are higher-risk, while debt funds are relatively safer.
Can I lose money in mutual funds?
Yes, mutual funds are linked to market performance, so there is a risk of loss. The extent of loss depends on the type of fund and market conditions.
What is the expense ratio?
The expense ratio is the annual fee charged by the mutual fund to manage your investments, expressed as a percentage of the fund's assets.