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7 merits of using the lumpsum calculator

The investments into the mutual funds can be perfectly classified into the SIP and lump sum investment opportunity. The lumpsum investment opportunity will be the one in which the depositor will be investing a significant amount of money in a particular mutual fund scheme and on the other hand the systematic investment plan will be the one in which people will be depositing the smaller amount of money every month. Both of these mutual fund investment strategies have different kinds of a fair share of benefits in the long run. In this blog, you will know 7 merits of using the lumpsum calculator. Apart from this people also need to calculate their estimated returns with the help of tools like lumpsum calculator and some of the basic advantages of depending upon this particular concept are:

 For getting the benefits of this particular concept people to need to have a clear-cut idea about different types of returns for the lump sum investment and different returns on:

  1. Total returns 
  2. Annualised return
  3. Point-to-point return
  4. Thrilling return
  5. Rolling return
  6. Absolute return and several other kinds of related aspects

 Some of the basic benefits of the utilisation of lumpsum calculator are:

  1. This particular calculator will help in providing the people with estimated returns for the whole investment period without any kind of hassle.
  2. People can very easily calculate the return for different kinds of periods like three years, one year, five years and several other kinds of things with the utilisation of this particular tool.
  3. It is incredibly convenient and easy to use because even a layman can very easily use it with a higher level of ease in the whole process. This particular aspect comes with a very good amount of comfort level for the individuals in the whole system.
  4. It will help in providing the people with a reasonably accurate estimate and people need to note that investments will never be subject to market risk in the whole process. There will not be pinpoint accuracy in this particular area but still, it will help in providing the people with the most reasonably accurate estimate without any kind of problem.
  5. This particular concept will always make sure that people will be able to plan their finances in a better way depending upon the estimated returns so that they can have a clear-cut idea about what they will be receiving at the end of the investment period without any kind of hassle element in the whole process.
  6. The utilisation of the lumpsum calculator will always make sure that people can very easily carry out different kinds of calculations anywhere and at any point in time because it will help in eliminating the constraint of location and time.
  7. It will ultimately help in saving a lot of time and effort in this particular area because it will take only a few minutes in the whole process to perform different kinds of calculations.

 Hence, the returns on mutual funds are very much important to be studied in the whole process which is the main reason that people need to utilise the lumpsum calculator today itself to plan their finances very accurately and professionally with the help of professionals like 5paisa.

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