Frequently Asked Questions about Investment Calculators
Have questions about Investment Calculators or financial planning? You are not the only one. This FAQ contains queries of budgeting, saving, Investment Calculators, investing, retirement and more that have been most frequently raised. Whether you are at an initial stage with merely an idea about it or have a full fledged plan in search of fine tuning, the expert answers shall surely help you to walk towards your financial goals with clarity and confidence.
A step-up SIP increases your monthly investment annually, say by 10%, helping you combat inflation and accelerate wealth creation.
Use the stock average calculator to find how many shares to buy at the current lower price to bring down your average cost per share.
Prepaying even small amounts early in your loan tenure can save you lakhs in interest. E.g., ₹1 lakh prepayment in year 3 of a 20-year ₹50 lakh loan can save ₹2-3 lakhs.
SIP averages market volatility. Lump sum can yield higher if timed well. SIP is better for risk-averse and regular savers.
It can be annually, semi-annually, quarterly, monthly, or daily. More frequent compounding = more returns.
Loan amount, interest rate, tenure, and credit score.
Gratuity = (15/26) × Last drawn salary × No. of years of service