L&T Mutual Fund SIP Calculator
How much do you need to save per month for a target corpus?
Use this calculator to find the monthly SIP required for a specified duration at the expected interest rate for building a target corpus.
About: L&T Mutual Fund SIP Calculator
An investor needs to know how much SIP is to be allocated when working towards achieving a long term financial goal. They may not immediately be able to determine what should be the monthly amount to be kept aside for meeting the objectives. For this, L&T has provided investors with an SIP calculator tool online to compute the amount needed for specific investment tenure. You need to tell the tool how much money you can invest in a month and how long the investment will be for. It shows how the money will grow at different rates of interest like 8% or 20%.
How to Use L&T Mutual Fund SIP Calculator?
Step 1: Choose the L&T Mutual Fund Scheme you want to invest in.
Step 2: Enter the desired corpus you wish to generate by the SIP.
Step 3: Enter the investment span.
Step 4: Click on Calculate button, and done!
The tool provides an indicative illustration about how much would be the amount you would get at different rates of interest. The rates will vary between 8% and 20%.