Nippon India Mutual Fund SIP Calculator

Disclaimer: Past performance is not an indicator of future returns

Company introduction

Welcome to Nippon India Mutual Fund SIP Calculator. Nippon India Mutual Fund, earlier known as Reliance Mutual Fund, is one of the most popular and fastest growing mutual fund houses in India. Being in existence for more than 25 years, Nippon India Mutual Fund is known for its innovative investment strategies and customer-centric approach. It offers a wide range of mutual fund schemes to cater to the diverse needs of investors.

How to calculate growth using Nippon India Mutual Fund SIP calculator?

Using the Nippon India Mutual Fund SIP Calculator to calculate returns is a breeze. Just enter the SIP amount, the expected return, and the duration of your savings. The calculator will then give an estimate of the potential return on your SIP investment. It doesn’t get easier than this!

Whether you already have a few pennies in your kitty or are investing for the first time, this calculator can be your handy planning tool for making informed decisions.

How does the Nippon India Mutual Fund SIP calculator work?

The Nippon India Mutual Fund SIP calculator uses the following formula to calculate the future value of an investment:

Future value = P × (1+ r/100) ^n

where:

• P = SIP amount
• r = expected annual return
• n = number of SIP installments

This formula may be complex if you wish to use it manually to calculate potential future value of your investment. However, if you use the online calculator, you get the answer in just a few seconds.

Benefits of the use of Nippon India Mutual Fund SIP Calculator

• More efficient financial planning: The calculator gives you a rough estimate on how much you can make on your investments, before tax. This helps you prepare for your financial plans more strategically.
• Convenience: The calculator is simple to use and pretty straightforward, which means anyone can use it with ease.