PNB Lumpsum Calculator

Here is how a PNB Mutual Fund Lumpsum Calculator will make a difference for anyone thinking about investing a lumpsum amount in mutual funds:

• Accurate Projections:

  It gives you accurate estimates of future returns and the future value of the amount invested today.

• Informed Decisions:

  By calculating the expected returns of different mutual funds, you can then decide which funds to invest in as per your financial goals.

• Saves Time:

  Manually calculating returns can take time, so it is best to use Pocketful's PNB Lumpsum calculator, as it delivers results in seconds.

• Goal Setting:

  It helps you set realistic investment goals by letting you know how much needs to be invested today to earn a specific return. Be it retirement, education, or any other financial goal, this tool can be used to determine the amount to be invested today.

The PNB Lumpsum calculator uses a simple formula to calculate the future value of your investment. To get started, simply enter the following details:

• Total Investment:

  The amount you’re planning to invest today.

• Expected Return:

  Annual expected return of the mutual fund you’re investing in.

• Investment Period:

  The amount of time you would like to stay invested.

Using the details entered, the calculator generates estimated returns and the total value of your investment.

The formula used to calculate future value is:

Future Value (FV) = P × (1 + r)ⁿ

Example: Suppose you invest ₹1,00,000 in a mutual fund with an expected annual return of 10% for 5 years.

P = ₹1,00,000

r = 10% = 0.10

n = 5

Using the formula:

FV = 1,00,000 × (1 + 0.10)⁵

FV = 1,00,000 × (1.61051)

FV = ₹1,61,051

Thus, your investment grows to ₹1,61,051, yielding a profit of ₹61,051 over 5 years.

You can use the PNB lumpsum calculator by following the simple steps mentioned below:

• Enter the Investment Amount:

  Enter the amount you wish to invest.

• Enter the Expected Rate of Return:

  Enter the annual return you expect to earn from the mutual fund.

• Specify Investment Time Period:

  Specify the number of years you wish to remain invested.

The calculator shows the future value of your investment amount and estimated returns instantly. With the help of these steps, you can save and invest according to your financial goals.

The PNB Lumpsum Calculator is a valuable tool for an investor due to the following reasons:

• Simple to Use:

  The simple interface makes it easy for a first-time user to understand.

• Customizable Input:

  You could adjust the rate of return or the investment duration to check for different scenarios before making an investment decision.

• Error-Free Calculation:

  You can avoid manual errors because this tool does the calculations perfectly.

• Instant Result:

  The tool quickly calculates estimated returns and the future value of your investment.