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 provides a variety of SIP (Systematic Investment Plan) schemes designed to cater to different financial goals. Mutual funds have become a favored investment tool, attracting numerous investors. The PNB Mutual Fund SIP calculator is an invaluable tool that aids in forecasting potential returns, supporting individuals in reaching their financial aspirations, whether it's retirement, marriage, purchasing a home, or buying a vehicle.

What is a SIP and How Does it Work?

A Systematic Investment Plan (SIP) allows investors to repeatedly invest modest sums into a mutual fund scheme instead of a singular lump sum. This incremental method helps in the sustained accumulation of wealth over time. SIPs entitle investors to buy more units at the scheme's prevailing Net Asset Value (NAV) through consistent monthly investments, fostering disciplined long-term savings. The PNB SIP calculator assists in projecting returns for achieving financial targets such as retirement, marriage, homeownership, vehicle purchase, or education.

How to Use the PNB SIP Calculator

These steps make estimating investment needs simple:

• Enter Monthly Investment Amount: Enter the desired monthly investment sum or use the slider for selection.
• Enter Return Rate: Set your expected return rate, or use the slider for adjustment.
• Choose Investment Period: Select your intended investment duration.
• Click ‘Invest Now’: See the invested amount, estimated returns, and overall value instantly.

PNB Mutual Fund Calculator Formula

The formula applied to compute the future value of SIP investments is:

𝐴=𝑃×((1+𝑖)𝑛−1𝑖)×(1+𝑖) A = P × ((1+i)^n − 1) / i × (1+i)

Where:

• A: Total amount at investment period's end
• P: Monthly SIP investment
• i: Compounded rate (annual rate divided by 12)
• n: Total months

This formula provides insights into the prospective growth of investments over a specified period, enabling informed decision-making for financial planning.

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*[RBI]: Reserve Bank of India
*[RTGS]: Real Time Gross Settlement