Example Calculation

• Investment Amount: ₹25,000

• Annual Return Rate: 12%

• Investment Period: 10 Years

• Total Investment: ₹30,00,000

• Estimated Returns: ₹28,08,477

• Total Value: ₹58,08,477

Invest Now with PNB Mutual Fund

PNB Mutual Fund offers a variety of SIP (Systematic Investment Plan) schemes tailored to different investment needs. Mutual funds have gained significant popularity as an effective investment vehicle, attracting a large number of investors. Tools like the PNB Mutual Fund SIP calculator help estimate potential returns, aiding investors in achieving their financial goals, whether it's for retirement, marriage, buying a house, or purchasing a car.

What is a SIP and How Does it Work?

A Systematic Investment Plan (SIP) is an investment method allowing individuals to invest small amounts regularly in a mutual fund scheme, rather than making a one-time lump sum investment. This method helps build a substantial corpus over time in a convenient and flexible manner. SIPs enable the purchase of additional units of a scheme at the prevailing Net Asset Value (NAV) by investing a fixed amount every month. It encourages disciplined investing for long-term wealth creation. The PNB SIP calculator assists investors in estimating returns and setting financial goals like retirement planning, marriage, buying a house or car, and higher education.

How to Use the PNB SIP Calculator

Follow these simple steps to estimate the amount required to achieve your financial goals:

Enter Monthly Investment Amount: Input the amount you wish to invest monthly or use the slider to select the amount.

Enter Return Rate: Input the expected return rate or adjust the slider to set the rate.

Choose Investment Period: Select the duration of your investment.

Click ‘Invest Now’: The calculator will display the invested amount, estimated returns, and the total value instantly.

PNB Mutual Fund Calculator Formula

The formula used to calculate the future value of SIP investments is:

𝐴=𝑃×((1+𝑖)𝑛−1𝑖)×(1+𝑖)A=P×( i(1+i) n −1​ )×(1+i)

where:

A: Amount received at the end of the investment period

P: Monthly SIP investment amount

i: Compounded rate of return (annual rate of return % divided by 12)

n: Number of months

This formula helps investors understand the potential growth of their investments over the chosen period, enabling them to make informed financial decisions.