How much do you need to save per month for a target corpus?
Use this calculator to find the monthly SIP required for a specified duration at the expected interest rate for building a target corpus.
Step 1: Choose the L&T Mutual Fund Scheme you want to invest in.
Step 2: Enter the desired corpus you wish to generate by the SIP.
Step 3: Enter the investment span.
Step 4: Click on Calculate button, and done!
The tool provides an indicative illustration about how much would be the amount you would get at different rates of interest. The rates will vary between 8% and 20%.
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The information contained herein is only to enable the Investor (or Lender) to make an informed decision. Any decision taken by the investor on the basis of this information is the sole responsibility of the Investor (Lender) and Orowealth is not liable. Orowealth has partnered with a third party platform regarding investments in various alternative investment opportunities. Orowealth will not be responsible for the full or partial loss of the principal and/or interest of the investor’s investment. Orowealth is only an intermediary introducing these third party services and is not responsible for any agreement you sign with the third party.
Direct mutual funds charge you no hidden commission for managing your money. This is the reason why direct MF schemes have a lower expense ratio. A lower expense ratio of direct plans allows you to generate higher returns as compared to the regular mutual fund plans. In the long run, the direct mutual fund schemes can give you significantly higher returns than the regular ones.
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