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Mutual Fund investments
Mutual Fund investments News
compound interest calculators
10 Oct 2024
Harnessing The Power Of Compound Interest Calculators For MF Investments
Did you know that millions of investors are turning to mutual funds as their go-to investment tool? In fact, the mutual funds industry added 81 lakh new investors’ accounts in just the first two months of FY25 (April and May).
Mutual funds
25 Dec 2021
Mutual fund calculator: Here’s how much monthly SIP you need to get Rs 20 cr
The investor must remember the mutual fund's 15 X 15 X 15 rule, which states that by following this mutual fund SIP guideline, one can become a crorepati. According to Pankaj Mathpal, using the 15 X 15 X 15 mutual fund formula, one can expect a 15% mutual fund return after investing for 15 years. Even if this is done, the maturity amount will only be roughly Rs 2 crore, according to the SIP calculator.
Mutual Fund SIP
22 Jun 2021
SIP at THIS age can fetch you Rs 10 crore by 50 years
A mutual fund SIP (systematic investment plan) is perfectly apt for those who are looking to invest a small amount every month and that too for the long term. In order to create a savings of Rs 10 crore by the age of 50, he/she will have to consider a lot of steps at an early age of his life. If a person starts SIP at 25 thinking that he/she will get a 12 percent annual return and Rs 10 crore investment goal for the age of 50, then every month’s investment will be around Rs 26,000.
Mutual Fund investments
20 Sep 2016
India has among the lowest MF:GDP ratios globally: Report
India has among the lowest mutual fund investments to GDP ratios in the world at 7 percent, offering a vast untapped opportunity for MF houses, which can leverage technology to enhance reach, a report said Tuesday.
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