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Wealth Calculator
₹ 10,00,000
₹ 9,99,00,000
1 Years
15 Years
2%
13%
₹ 0
₹ 20,00,000
1%
7%
To achieve your target, you would need a monthly SIP of
₹ 10,80,00,000
Explore Our Mutual Fund Schemes
Total amount invested through SIP
₹ 108
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What is a wealth calculator?
A wealth calculator is a tool designed to help individuals plan their financial futures by calculating how much money they need to achieve their financial goals. It takes into account factors such as income, expenses, savings, and investments to provide a clear picture of one's financial situation. This tool is crucial in financial planning as it allows users to set realistic financial goals and track their progress towards achieving them. Whether you're saving for retirement, buying a home, or planning for your children's education, a wealth calculator can provide valuable insights to help you make informed financial decisions.
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How does the wealth calculator work?
A wealth calculator computes your monthly SIP contributions needed to reach your financial targets. The wealth calculator functions by using a straightforward formula for wealth creation:
Investment Value = Principal × (1+Rate of Return) ^Investment Tenure
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Investment Value: This is the wealth you aim to accumulate for goals like education or retirement, adjusted for inflation to maintain purchasing power.
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Return: It's the growth or income expected from investments like equity or debt mutual funds, chosen based on risk and investment duration.
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Investment Tenure: This is how long you plan to invest to achieve your goals, benefiting from compounding over time.
Start investing in mutual funds through SIPs today to secure your financial future effectively.
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Steps to use Bajaj Finserv AMC Wealth Calculator
Step 1: Calculate your wealth goal
Determine the amount of wealth you want to create and specify the number of years in which you aim to achieve this goal.
Step 2: Enter expected rate of return
Input your expected rate of return on investments, considering historical performance and future expectations.
Step 3: Monthly SIP calculation
Based on your inputs, our wealth calculator computes the monthly Systematic Investment Plan (SIP) required to reach your financial target.
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Benefits of wealth calculator
Clarity in financial goals
Wealth calculator helps individuals set clear and achievable financial objectives by assessing their current financial status and future aspirations.
Track progress
Users can monitor their financial journey over time, allowing for adjustments and improvements as necessary.
Informed decisions
It enables users to make well-informed decisions regarding savings and investments by projecting outcomes based on different scenarios.
Financial awareness
By using a wealth calculator, individuals gain insight into their financial strengths and areas needing improvement, empowering them to take proactive steps toward financial well-being.
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What should one keep in mind while using the wealth calculator
Accuracy of inputs
Enter precise financial data to ensure the wealth calculator provides reliable results for planning.
Regular updates
Keep financial information current to reflect changes in income, expenses, savings, and investments accurately over time.
Realistic assumptions
Use cautious estimates for income growth and investment returns to maintain realistic expectations and plans
Seek professional advice
Consulting a financial advisor offers personalized insights and guidance to optimize financial strategies and decisions based on individual circumstances.
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Explore Our Mutual Fund Schemes
Bajaj Finserv Flexi Cap Fund
Equity Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
14/08/2023
Risk Type Very High
Bajaj Finserv Large Cap Fund
Equity Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
20/08/2024
Risk Type Very High
Bajaj Finserv Large and Mid Cap Fund
Equity Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
27/02/2024
Risk Type Very High
Bajaj Finserv Multi Asset Allocation Fund
Hybrid Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
03/06/2024
Risk Type Very High
Bajaj Finserv Balanced Advantage Fund
Hybrid Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
15/12/2023
Risk Type Very High
Bajaj Finserv Arbitrage Fund
Hybrid Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
15/09/2023
Risk Type Low
Bajaj Finserv Money Market
Debt Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
24/07/2023
Risk Type Low To Moderate
Bajaj Finserv Overnight Fund
Debt Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
05/07/2023
Risk Type Low
Bajaj Finserv Liquid Fund
Debt Fund Regular GrowthNAV
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as of
Min. Investment Amount
Inception Date
05/07/2023
Risk Type Low To Moderate
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Frequently Asked Questions
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Wealth calculators are beneficial for anyone interested in understanding their financial position and planning for the future.
The accuracy depends on the completeness and accuracy of the financial information entered.
Investors can use wealth calculators at any stage to assess their financial health and plan accordingly.
A wealth calculator provides insights into your current financial situation and helps in setting achievable financial goals.
Using a wealth planner allows for systematic financial planning and helps in achieving financial goals efficiently.
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Disclaimer: The calculator alone is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. This tool is created to explain basic financial /investment related concepts to investors. The tool is created for helping the investor take an informed decision and is not an investment process in itself. Mutual Fund does not provide guaranteed returns. Investors are advised to seek professional advice from financial, tax and legal advisor before investing.
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- Bajaj Finserv Asset Management Limited has been referred to as Bajaj Finserv AMC.
Copyright: All Rights reserved at Bajaj Finserv Asset Management Limited
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