It Calculates what should be your monthly Savings to become a Crorerpati
E.g.- For goal of Rs. 1 crore to have at age of 50 - Start SIP with
Age 25 - Rs. 5270* (month 300)
Age 30 - Rs. 10009* (month 240)
Age 35 - Rs. 19819* (month 180)
*The Calculations are based on 12% p.a. growth compounded monthly on fixed SIP amount. This is an illustration, however actual results may vary.
Top-Up SIP annually 5% or 10% as per your affordability, it will help to reduce the period of goal as well as to increase the goal amount.
PPF Calculator This is ONE of the most advanced and accurate online PPF Calculator. You can calculate / check yearly interest return on your yearly or monthly PPF investments from FY 1986-87 to current Financial Year. This calculator displays the applicable rate of interest over the selected period and checks your date of deposit (is it before or after 5th) for the purpose of interest calculation as per PPF scheme..