The Edelweiss Tokio SIP Calculator is a simple tool that estimates the potential returns of your SIP investments in a mutual fund scheme of your choice. The calculator uses three key parameters —your investment amount, investment tenure, and expected rate of return—to determine the expected returns, thereby helping you plan your investment contributions to attain your financial goals.
The SIP Calculator, by using the following key parameters, projects your investment's future value when it matures.
Let's look at the following example to understand how the Edelweiss Tokio SIP Calculator works.
Imagine that you wish to invest ₹ 5000 per month for 20 years at a periodic interest rate of 12% per annum. Let’s calculate the future value.
Interest rate (i)= 12% p.a.
Total number of installments (n) = 20 years x 12 = 240 months
Fixed Amount of SIP Installment (p) = ₹ 5,000
By converting the annual interest rate to monthly and solving the equation based on the formula given above, you arrive at an approximate future value of ₹ 46,00,000.
So, you come to know that due to the power of compounding, your invested amount of ₹ 12,00,000 grows in the future. The longer it stays invested, the more it grows on its own growth – that's compounding!
Policybazaar’s mutual fund SIP calculator helps you plan your investments. Given below are the steps you can follow to use Policybazaar’s MF SIP calculator provided above:
When you know the amount you are going to invest to grow your money, you can simply follow the given steps and calculate the monthly, yearly, or lump sum returns on your investments.
Enter the amount you plan to invest each month.
Specify your expected annual rate of return.
Indicate your investment duration in years.
The Policybazaar Edelweiss Tokio SIP calculator will display the estimated compounded amount and the total accumulated amount at the end of your investment period.
Specify your yearly Investment Amount.
Enter your expected annual rate of return.
Enter your investment duration in years.
The Policybazaar Edelweiss Tokio mutual fund SIP calculator will display the wealth you will gain on your investments and the total accumulated amount.
Specify the one-time amount you plan to invest.
Enter your anticipated annual return rate.
Indicate the duration of your investment in years.
The calculator will display your estimated lump sum returns and the total accumulated amount at the end of your investment period.
Mention your target savings or the amount you want to generate from your investments.
Enter your planned investment timeframe.
Specify the expected rate of return.
The Policybazar Edelweiss Tokio SIP calculator will instantly display the required monthly investment, your total investment, and the projected wealth gain.
The Policybazaar Edelweiss Tokio SIP calculator efficiently shows you the potential results of MFinvestments. Additionally, the common benefits offered by the Policybazaar’s SIP calculator include:
SIP Investment Calculation: The Policybazaar Edelweiss Tokio SIP calculator helps you estimate the SIP investment amount required to reach your financial goals.
Systematic Savings: By giving you the amount required to reach your monetary goals, the Policybazaar Edelweiss Tokio SIP calculator instills a habit of systematic saving in you.
24x7 Availability: The Policybazaar Edelweiss Tokio SIP calculator is available online at all times, making it easier for you to use at your comfort and convenience.
Potential Returns Projection: Policybazaar Edelweiss Tokio SIP calculator gives you estimated results based on your investment plans. Input your unique investment details – amount, duration, and expected growth – and instantly see a clear projection of your SIP's future value.
Identify Potential Risks and Rewards: By estimating your expected returns and investment tenor, the Policybazaar Edelweiss Tokio SIP calculator helps you understand the potential risks and rewards involved before you invest.
The Edelweiss Tokio SIP Calculator helps you determine the potential returns on your mutual fund SIP investments. It reduces the daunting manual calculations on your part, allowing you to focus on financial planning that aligns with your future monetary objectives. The SIP Calculator is crucial in your mutual fund investment journey, enabling you to select the best SIP plans according to your individual needs.