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.

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RUSHHABH FINANCIAL SERVICES PVT LTD Connecting Your Investment Needs

Financial Calculators

Contact

Address

RUSHHABH FINANCIAL SERVICES PVT LTD
Connecting Your Investment Needs