Question 1

How to calculate SIP returns for mutual fund investments?

Accepted Answer

Use our SIP calculator by entering monthly investment amount, expected annual return rate (typically 12-15% for equity funds), and investment tenure. The calculator shows total investment, expected returns, and final corpus using compound interest formula.

Question 2

What is the formula for calculating retirement corpus needed?

Accepted Answer

Retirement corpus = (Monthly expenses × 12 × 25) adjusted for inflation. For ₹50,000 monthly expenses today, you need ₹1.25 crore at current value. Use our retirement calculator to factor in inflation and investment growth.

Question 3

How to calculate child education cost with inflation?

Accepted Answer

Use our education calculator: Current cost × (1 + education inflation rate)^number of years. With 8% education inflation, ₹10 lakh course today will cost ₹21.6 lakh in 10 years. Plan SIPs accordingly.

Question 4

What is EMI calculation formula for loans?

Accepted Answer

EMI = [P × r × (1+r)^n] / [(1+r)^n-1], where P=Principal, r=monthly interest rate, n=number of months. Our EMI calculator instantly shows monthly payment, total interest, and amortization schedule.

Question 5

How to calculate tax savings under Section 80C?

Accepted Answer

Tax saving = Investment amount × Tax slab rate (up to ₹1.5 lakh limit). For 30% tax slab, ₹1.5 lakh 80C investment saves ₹46,800 annually. Use our tax calculator for precise calculations.

RUSHHABH FINANCIAL SERVICES PVT LTD
Connecting Your Investment Needs

Financial Calculators

RUSHHABH FINANCIAL SERVICES PVT LTD Connecting Your Investment Needs

Financial Calculators

RUSHHABH FINANCIAL SERVICES PVT LTD
Connecting Your Investment Needs