Mutual Fund Calculators - SIP, Lumpsum & Goal Planning Tools

The word "Retirement", often evokes conflicting emotions. While it may signify independence and leisure for some, it can also raise concerns for others about their ability to maintain their desired lifestyle and financial stability. One thing is certain: one should begin planning for retirement as soon as possible, regardless of their retirement goals-leaving an estate, traveling, or simply enjoying a stress-free golden age.

Though it may be unsettling to think about the future, having an adequate financial plan is crucial to a stress-free and secure retirement. Retirement planning helps get over financial obstacles during retirement period. Additionally, over time inflation will reduce purchasing power, but a robust retirement plan would help account for the same.

NJ Mutual Fund's Retirement Calculator simplifies retirement planning by estimating the corpus needed to maintain your lifestyle post-retirement. It factors in inflation, spending, savings growth, investments, and life expectancy to provide realistic targets. The tool also helps create a goal-based plan, showing how much to save monthly, annually, or in a lump sum.

Using the NJ Mutual Fund retirement calculator is easy. Simply follow these steps:

Enter the present age, the retirement age, and the monthly expenses that would follow in retirement
Set expected return rate
In case any growth in savings is anticipated, which can be invested in the market (Step-up SIP), the user can set the input in percentage (%) or amount
For existing investments pertaining to retirement, add the amount and return you receive on these investments as input
Under the assumptions section, set life expectancy, pre-retirement inflation rate, post-retirement inflation rate, and expected returns (%) on retirement kitty

Once all the required information is added, the calculator will use these as input to provide the recommended retirement kitty amount along with the amount to be saved based on preferred frequency.

How to plan for retirement?

The most effective way to plan for retirement is by using an online retirement planning calculator as it allows users to factor in various aspects such as inflation, expected growth in savings, existing investments, etc.
What should be the goals of a retirement plan?

A retirement plan should cover post-retirement expenses, including emergency funds, and allow for the fulfillment of personal goals.
What is a retirement calculator?

A retirement calculator is a financial tool that helps project retirement corpus amounts by taking into account the present financial situation and future goals.

Wondering how much should be saved to cover a child's education costs? Use a child education planner calculator to calculate the amount. This financial calculator acts as a blueprint for a financial plan, tailored to the specific needs of a child's future.

Education is one of the most valuable investments in a child's future, but with education costs rising at 8-10%, outpacing general inflation, many parents worry about meeting this goal. Early planning through a well-structured education plan can help ensure that a child's dreams, whether becoming an engineer, doctor, or MBA graduate, are achievable while balancing other financial priorities.

A child education calculator is a type of financial planning calculator designed to help parents anticipate the future cost of their child's education. It takes into consideration multiple variables like inflation, current costs, predicted increases in savings, present investments, and the number of years until your child starts their higher education. This helps you design an organized savings strategy based on your objectives.

The NJ Mutual Fund Child Education Calculator simplifies the process of financial planning for your child's education:

Enter the current cost of the desired education stream and the years remaining until the child begins pursuing it
Provide the expected returns (%) and expected inflation (%)
Input expected growth in savings, that will be invested in the market
In case of any current investments related to child education, mention it and also the return (%) received on the investment

What is a Child Education Cost Calculator?

A child education planning calculator allows parents to effectively estimate the future cost and how much they should invest to cover the cost.
What are the benefits of child education planning?

Planning a child's education allows parents to be financially prepared for the rising costs of education while also helping them save systematically over time.
What is the right time to start planning for child education?

The right time to start planning for a child's education is as early as possible. By starting early parents can take advantage of the power of compounding and build up the necessary corpus over a longer time frame.

Planning for a child's future goes beyond education; marriage is another significant milestone that requires adequate financial planning. A type of financial planning tool, the Marriage for Child calculator, can assist in making informed decisions. The calculator projects future expenses related to a child's marriage.

A child's wedding is a cherished event that many wish to celebrate in the best way possible. Effective planning is essential to turn wedding dreams into reality. By using a goal-based approach, one can ensure that their financial plan aligns with their aspirations for the big day.

Wedding expenses have steadily increased over the years, making it essential. By starting early:

Reduce Financial Stress: Avoid last-minute financial strain by saving gradually over time
Maximize Savings: By investing wisely, savings can grow, resulting in a larger fund for the wedding
Stay Prepared: Life is full of uncertainties, and having a financial plan ensures readiness when the time comes

A child marriage plan calculator is a specialized financial tool that helps estimate the future cost of a child's wedding and the amount you need to save periodically. It factors in inflation, existing investment returns, and potential growth in savings, giving a clear picture of your financial goals. This tool allows for working with realistic numbers and creating a savings strategy that aligns with available resources and timelines.

The NJ Mutual Fund Marriage of Child calculator is easy to use by following these simple steps:

Enter the remaining years until the expected wedding date
Set expected return rate and anticipated inflation rate
Put in the current estimated cost of the wedding
For any expected growth in savings, which would be invested in the market, enter the amount or percentage as per your choice
If there are any existing investments, enter the amount along with the return earned on the investment

After entering all the necessary details, the calculator will process this information to provide a recommended target amount and the required savings based on the chosen frequency.

Why is a child marriage calculator important?

A child marriage calculator helps plan for one of life's major expenses in a structured manner, ensuring financial readiness for a child's wedding.
Can the child marriage calculator account for inflation and other financial factors?

Yes, the NJ Mutual Fund calculator incorporates various financial factors, including inflation and existing investments.
What should I do after using the calculator?

After estimating future wedding costs and required savings, explore investment products that align with financial goals.

In today's fast-paced world, financial goals are as diverse as the people who set them. Every ambition has its own set of financial requirements, whether it involves buying a dream home, planning for a vacation, or establishing a small business. To stay ahead and ensure the achievement of these targets, effective planning and tracking of financial goals are essential. This is where NJ Mutual Fund's "Other Goals" calculator becomes a valuable tool.

The Other Goals calculator is a versatile tool that functions as a Savings Goal Calculator, enabling users to estimate the future cost of any financial target. This tool assists in determining the savings required to achieve these goals comfortably.

Customizable for any goal: This tool offers the flexibility to input any personal or financial goal and it will compute the savings required. From being a Dream Home Planner Calculator to a SIP Calculator for Dream Car, it adapts to unique user needs.
Take financial factors into account: Along with inflation, this financial goal calculator also considers other factors such as expected growth in savings and current investments.
Simplifies financial planning: The clear projections provided by the Financial Goal Planning Calculator make managing savings easier. It allows the users to break down their goals into manageable monthly or yearly savings.

Identify the goal and enter the goal name.
Input the number of years remaining until the amount is needed.
Enter the estimated current cost of the specific goal.
Set the expected return and anticipated inflation rate.
If there are any existing investments, details can be entered for those in the calculator.
In case of any expected growth in savings, the relevant information should be inputted.

How does the Other Goals Calculator help users?

The NJ Mutual Fund Other Goals Calculator assists users in planning their future finances by estimating the future value of costs and the necessary savings to achieve those goals.
How can users account for unexpected expenses in their calculations?

Users can factor in a buffer or contingency amount when estimating their goal costs to accommodate potential unexpected expenses. Entering a reserve contingency amount acts as a shield or cushion when faced with sudden and unavoidable expenses.
What happens if a user has no existing investments?

In that case, users can skip the section for existing investments and proceed with the calculations based on their goals and savings.

A systematic Investment Plan is a type of investment approach where individuals invest a certain sum of money into mutual funds at a predetermined frequency. This disciplined method motivates investors to save and invest consistently, regardless of market conditions.

With SIP, investors do not need to worry about timing the market. They buy more units when the market is low and fewer units when it is high, an approach known as rupee cost averaging. Over time, this reduces the average investment cost and helps mitigate the impact of market volatility. SIPs are an excellent tool for long-term wealth creation and cater to both new and experienced investors alike.

A SIP Calculator is an online tool that helps estimate the future value of investments made through SIP. It considers factors such as the amount invested, investment tenure, expected return rate, and expected growth in savings. The SIP return calculator helps investors get an idea of the potential returns on their mutual fund investments, making it easier to set realistic financial goals.

A SIP Calculator uses the following formula:

Future Value (FV) = SIP Amount × ({[1 + i]^n – 1} / i) × (1 + i)

Here:

Future Value (FV) is the amount received upon maturity

SIP Amount is the amount invested at regular intervals

n is the number of payments

i is the periodic rate of interest

As the investments grow, the returns are reinvested, generating further returns. Over time, this creates a snowball effect, where the growth becomes exponential.

Follow these simple steps to use the NJ Mutual Fund SIP calculator:

Enter the monthly investment amount
Select the period of investment
Set the expected return rate
In case of expected growth in savings, enter details for the same

Once all inputs are provided, the calculator will process the information and showcase the estimated future value and total amount invested as the outputs.

Is SIP suitable for all investors?

SIP is one of the most recommended mutual fund investment options as it provides the benefit of compounding along with a disciplined approach.
Can I change my SIP amount later?

Yes, the SIP amount can be increased or decreased at your convenience later on.
What is the difference between SIP and mutual funds?

SIP is a systematic method that allows one to invest in mutual funds rather than itself being an investment product.

The SIP Need Calculator is a tool designed to help you calculate how much you need to save periodically to achieve your desired target amount. An SIP Growth calculator will show you how much your investment will grow across your investment period whereas, a SIP Need calculator works backward-it starts with your desired goal amount and tells you how much you need to invest monthly to achieve that.

For example, if your goal is to accumulate ₹10 lakhs in 10 years, the SIP Need Calculator helps you determine the monthly investment required, factoring in parameters like the expected return rate and time horizon.

Follow these simple steps to use the SIP Need Calculator:

Enter the target amount needed in the future
Put in the number of years after which you require the amount
Set your expected returns and expected inflation
In case of any growth in savings, you can select the same

The calculator will use the following inputs and compute the required SIP amount, target amount required, and projected investment as the output.

How does the SIP need calculator to work?

You input your desired goal amount, time horizon, expected rate of return, and expected inflation rate and the calculator tells you how much you should invest monthly to reach that goal.
How is the SIP Need calculator different from the SIP growth calculator?

A regular SIP calculator shows how much your current monthly investment will grow over time, whereas an SIP Need Calculator starts with your goal amount and helps you figure out how much you need to invest monthly to achieve that target.
What factors should I consider while using a SIP Goal Calculator?

When using a SIP Goal Calculator, you should consider:
- The total goal amount (e.g., for retirement or buying a house)
- The time horizon (when you need the funds)
- The expected rate of return
- Inflation (to ensure your goal amount reflects future costs)

SIP Delay Cost refers to the potential loss in returns resulting from postponing SIP investments. When an individual delays starting a SIP, even by a few months or years, the power of compounding works against them, reducing the overall growth of their investments. Compounding amplifies returns over time, and any delay in investing diminishes the cumulative growth that could have been achieved.

The SIP Delay Cost Calculator is an online tool that calculates the cost of delaying your SIP investment. It helps users estimate how much wealth they could lose by not starting their SIP on time. The Delay Cost Calculator takes into account factors like the monthly investment amount, duration of investment, expected returns on investment, and the duration of the delay.

The NJ Mutual Fund’s SIP Delay Cost calculator can be used:

Mention the monthly investment amount
Input the period for the investment
Set expected returns rate
Enter the delay in months for starting the SIP investment

The calculator will use these inputs to calculate the estimated SIP delay cost and projected future value of SIP (with and without delay).

Can an individual still achieve their goals if they start their SIP late?

Yes, but they may need to increase their investment amount or extend the investment duration to catch up on the missed growth due to the delay.
Can I avoid SIP delay costs?

The simplest way for an individual to avoid SIP delay costs is by starting their SIP journey as early as possible. Even small investments today can have a significant impact on their wealth tomorrow.
What is the power of compounding?

The power of compounding refers to the process where the returns earned on an investment begin to generate additional returns over time. Essentially, an individual earns interest not only on their initial investment but also on the returns that have accumulated.

Systematic Withdrawal Plan (SWP) enables investors to withdraw a predetermined amount of money from their mutual fund holdings on a regular schedule. This approach is especially helpful for retirees or people looking for extra revenue because it offers a consistent stream of income.

A person invests a set amount and takes out a periodic proportion of the invested corpus under the Systematic Withdrawal Plan. After every withdrawal, the amount taken out of the investment is deducted, and interest is still earned on the amount that is left over.

An SWP Plan calculator is a tool that helps investors calculate the total matured sum of their investments after factoring in the withdrawals made at predefined intervals. This financial calculator is valuable to anyone planning for their retirement income or other financial goals. It helps ensure sustainable growth of investments without compromising your withdrawals.

The SWP Plan Calculator is a game changer, allowing investors to structure a steady stream of income without exhausting their investment corpus prematurely. Additionally, by understanding how long the invested fund will last at a specific withdrawal rate, the Systematic Withdrawal Plan Calculator helps manage the risk of running out of money.

Using the NJ Mutual Fund SWP Calculator is easy:

Enter the initial investment amount along with the monthly withdrawal amount
If you wish to grow your withdrawal amount yearly, you can set the rate for the same.
Put in the expected return rate
In case you wish to start your withdrawals after certain years, you can set the number of years for the same.
Set the period of investment

Upon providing the following inputs, the SWP Calculator will compute the mature sum of the investment amount, the total amount of withdrawals, and full installments withdrawn.

Is SWP suitable for everyone?

SWP investments are not limited to retirees or certain individuals, anyone looking for a steady source of additional income can opt for SWP.
What is the final value in the SWP Calculator?

The final value computed by the SWP plan calculator is the matured value of your investments after subtracting your withdrawals.
How long can I continue with SWP?

You can continue with an SWP for as long as there is sufficient balance in your investment portfolio.

EMI, Equated Monthly Installments, is a loan repayment facility provided by lenders for various types of loans (including car loans, home loans, etc) to the borrowers. Regular, fixed payments (installments) are made by the borrower to the lender each month for a specified period. The installments include both the principal and the interest amounts so that the entire loan obligation is fulfilled by the end of the specified period.

There are mainly 2 methods to calculate the EMI amount (which is fixed in most cases): flat rate method and the reducing balance method. In the Flat Rate method, the interest for each installment is charged on the principal amount throughout the intervals, whereas in the Reducing or Diminishing Balance method, the interest for an installment is charged on the outstanding principal amount before the installment.

An online EMI Calculator is a financial tool, which allows easy and quick EMI calculations for borrowers so that they can make informed borrowing decisions. Knowing the EMI amount before making the borrowing decision is important for the borrower, to better match the suitability of the EMI option with their financial needs and objectives and also manage their financial commitments.

The EMI amount can be computed using the NJ Mutual Fund EMI calculator by entering the following input fields:

Either type or adjust (+/-) the Loan Amount
Set the duration of your Loan
Enter the rate of Interest on your loan
Set the Check After Years field to know the outstanding loan amount after selected years

Upon entering the above input fields, the calculator will generate the Estimated EMI Amount for your Investment, along with other details: The total amount you will pay, the position of your outstanding loan amount, the total amount paid till then, and the interest component.

What is the impact of a change in my Loan tenure on my EMI?

Yes, by extending the Loan tenure the EMI amount is reduced but that subsequently results in an increase in the outstanding loan amount thereby increasing the interest payment.
Can the EMI amount change over time?

The EMI amount can change only when the interest rate opted by the borrower is floating. In the case of a fixed interest rate, the EMI amount remains the same throughout the period, and for all installments.
Is a comparison of Loans possible through the EMI Calculator?

Yes, using an EMI calculator, different loans can be compared based on their interest rates, loan amounts, tenure, etc. offered, their respective impact on the EMI amounts, and their suitability for the borrower.

The concepts of Present Value and Future Value are based on the principles of the Time Value of Money, which implies that one unit of money today is worth more than one unit tomorrow, due to its earning potential.

Present Value (PV) is the current worth of a sum of money to be received in the future, discounted at a specific interest rate. It helps determine how much a future amount is worth today, accounting for factors like inflation and the time value of money. Simply put, Present Value refers to the value of some expected future sum of cash flows today.

Future Value (FV) represents the value of a current amount of money at a future date after it has been invested or compounded over time at a specific interest rate. Future Value helps investors predict how much their current savings or investments will be worth after a period of time, based on a set interest rate.

Lumpsum Investment Calculators (PV and FV Calculators) are simple financial tools that are used to determine how much a future sum of money is currently worth (PV calculator) or how much your current investment could increase in the future (FV calculator). It simplifies financial projections by giving you clear, actionable insights.

NJ Mutual Fund Single Amount Calculator (PV and FV Calculators) allows easy computation of the PV or FV of investment or cash flows. It serves as a Lumpsum Investment Plan Calculator that provides instant PV/FV results of Lump Sum amounts based on the following inputs:

Select the Amount you wish to calculate, Present Value/Future Value.
Enter the initial amount (current or future) you are evaluating in the “Amount” column.
Set the interest rate or expected return on your investment.
Choose the time period over which the money will grow or be discounted in the ‘After Years’ column.
The Present or Future Value is instantly calculated and displayed as the output.

When should I use the FV and PV Calculator?

One can use the FV Calculator, to know the future value of current investments while, the PV calculator can be used to estimate the present value of a future sum of money.
How is the Present Value (PV) different from Net Present Value (NPV)?

In simple words, PV refers to the value of a single future sum of money today. On the other hand, NPV considers the current value of multiple future cash flows, accounting for both income and expenses, and helps in evaluating the profitability of an investment or project.
Can I use this calculator for any type of investment?

The calculator can be used for a wide range of investments, including mutual funds, fixed deposits, and other assets as well, when a certain expected return for the investments is known.

Cash inflows and outflows that occur at inconsistent intervals are known as irregular cash flows. Unlike regular cash flows, such as monthly salaries or fixed expenses, irregular cash flows can arise from unpredictable sources like freelance income, seasonal sales, or unexpected expenses. Managing these irregularities is essential for effective financial planning.

The concept of the Time Value of Money (TVM) suggests that a rupee today is worth more than what it will be worth in the future due to its earning potential. This concept is a base for various important financial decisions. When dealing with irregular cash flows, TVM helps assess how to optimize your cash inflows and outflows over time.

Present Value (PV) tells you the current worth of a certain future sum of money, discounted at a specific interest rate. To calculate PV you can use this formula:

PV= FV/(1+r)^n where;

FV: Future Value of the amount

r: Discount rate

n: Tenure

By calculating the present value of future cash flows, you can understand their significance in the current financial landscape. It also further allows you to tailor your investment decision accordingly.

Future Value (FV) is the estimation of the value of the current sum of money at a future date based on an assumed rate. The formula for FV is:

FV: PV*(1+r)^n where;

PV: Present value of the amount

r: Discount rate

n: Tenure

By applying the FV formula, you can determine the potential earnings of your cash flows, aiding in effective long-term planning.

Using the NJ Mutual Fund Irregular Cash Flow Calculator is straightforward:

Select either the present value or future value option
Set your discount rate
For future value, enter the number of years after which you want to know the future value.
Enter the cash flow amounts and the number of years after which you expect to receive them.
Click on the "-" or "+" buttons to add or remove information about additional cash flows.

The calculator would use these details as input and tell the user about the total end value of their investment along with the future value or present value.

What is the difference between regular and irregular cash flow?

Regular cash flow occurs at consistent intervals, while irregular cash flow varies in amount and timing.
How does an irregular cash flow calculator work?

The calculator processes inputs for different cash flows at various times and calculates their present and future values, helping users understand the impact of these flows on their overall financial health.
What financial goals can an irregular cash flow calculator help with?

This calculator can aid in achieving various financial goals, such as retirement planning, purchasing a home, or funding education, by providing clarity on cash flow management.

Weighted Average Returns measure a portfolio's overall return by considering the individual returns of each asset and their respective weight, which represents the proportion of capital invested in each asset or investment. Unlike a simple average, this method factors in the size of each investment, offering a more accurate representation of how each component contributes to the portfolio's total performance. This approach provides a clearer picture of overall returns and the contribution of each investment, enabling better decision-making for portfolio management and rebalancing.

The Weighted Average Return Calculator helps users calculate the weighted return of their portfolio by considering the amount invested in each asset (the weight) and the return generated by each investment. Based on user inputs, the calculator provides the future value of the investments after a specific period.

Input the individual investments and the amount (capital) allotted to each
Enter the expected return for each investment or asset
Select the time period over which the portfolio is held
The calculator generates the weighted average return and the future value of your portfolio after the specified time.

Why use Weighted Average Returns instead of a simple average?

Weighted Average Returns account for the proportion of capital invested in each asset, giving a more accurate assessment of your portfolio's performance. A simple average does not consider the relative importance of the size of each investment which can impact the portfolio's total returns.
What weight should I assign to each investment?

The Weighted Average Calculator automatically calculates the weights for each investment based on the capital invested. For example, Rs. 10,000 is invested in Asset 1 and Rs. 5,000 in Asset 2 then Asset 1 is assigned a weight of 66.66% or 0.66 and Asset 2, 33.33% or 0.33.
Can I use the Weighted Average Returns calculator for any type of investment?

Yes, the calculator can be used for a variety of assets including stocks, bonds, and mutual funds, as long as you know the return and the amount invested in each asset.

NJ Asset Management Private Limited