Mahindra SIP Calculator
Millennials increasingly invest in mutual funds to boost their passive income sources. Per the Association of Mutual Funds in India report, the Assets under Management (AUM) of the mutual fund industry in India stands at INR 40,37,561 crores as on November 2022. Systematic Investment Plans (SIP) have significantly contributed to the success of mutual funds. Nearly 23 million new SIP accounts were registered by November-end, reflecting a surge of 6% from 2021 records. With precision in calculating future returns, ROI, and best-suited periodic SIP instalments, SIP investments are easy to operate and manage. For accurate and quick calculations, you can use SIP calculators, such as the Mahindra Manulife SIP calculator.
Yearly Breakdown
Year | Invested Amount | Wealth Gained | Expected Amount |
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Choose from our top performing funds
- Equity.
- Growth.
- 29%3Y Return
- 48%5Y Return
- 30%
- 1Y Return
- Equity.
- Growth.
- 38%3Y Return
- 35%5Y Return
- 60%
- 1Y Return
- Equity.
- Growth.
- 36%3Y Return
- 0%5Y Return
- 23%
- 1Y Return
- Equity.
- Growth.
- 36%3Y Return
- 31%5Y Return
- 34%
- 1Y Return
- Equity.
- Growth.
- 26%3Y Return
- 34%5Y Return
- 24%
- 1Y Return
- Equity.
- Growth.
- 18%3Y Return
- 26%5Y Return
- 26%
- 1Y Return
- Equity.
- Growth.
- 29%3Y Return
- 35%5Y Return
- 39%
- 1Y Return
- Equity.
- Growth.
- 39%3Y Return
- 26%5Y Return
- 37%
- 1Y Return
- Equity.
- Growth.
- 27%3Y Return
- 37%5Y Return
- 33%
- 1Y Return
- Equity.
- Growth.
- 30%3Y Return
- 37%5Y Return
- 32%
- 1Y Return
The Mahindra Manulife SIP calculator is an online tool to ascertain the future return on your chosen Mahindra Manulife SIP scheme. Through small periodic instalments and flexible tenures, mutual fund operators enable you to expand your earnings via SIPs.
However, finding the suitable periodic instalment, rate of return, and future value of a particular mutual fund scheme is imperative. This is where SIP calculators like the SIP return calculator Mahindra Manulife can significantly eliminate the tricky ‘math’ of SIPs.
Mutual funds revolve around prevailing market trends and carry certain risk elements, making it crucial to understand the future valuation of your investment. The predicted returns give an idea about the future success or risk likely to affect the scheme's growth.
The Mahindra Manulife mutual fund calculator aids in achieving your financial objectives synced to an expected annual return; however, the calculated figures are merely estimates of the actual values. Owing to market fluctuations, the outcomes may vary.
The Mahindra Manulife SIP calculator offers investors a simple, reliable, and systematic interface by facilitating quick calculations of future returns, interest rates, and monthly SIP amounts using compound interest calculations.
The tool relies on information such as:
- Amount of SIP investment
- Frequency of payments (monthly, quarterly, or annually)
- Total tenure
- Expected interest rate
- Expected future returns
Based on your investment goals, the Mahindra Manulife mutual fund SIP calculator uses a dual strategy for calculating future returns: investment amount approach and target or maturity amount approach. The first strategy works best if you know the exact periodic SIP investment amount, while the second is better suited for those with a maturity amount in mind.
The Step-Up feature allows users to estimate future returns against a predetermined periodic rise in the value of the SIP amount at a particular percentage.
Mutual fund investments influence proper income and expense planning, necessitating analysing your monthly budget before locking your funds in a SIP scheme. Once you know your savings, planning your mutual fund portfolio becomes easy and efficient.
Mahindra Manulife offers a dedicated spectrum of mutual fund products for investors in different income brackets, displaying a list of mutual fund schemes that suit your unique preferences.
Users can simultaneously analyse multiple Mahindra Manulife schemes' returns and growth potential based on their future values and ROI and choose plans to expand their profits without straining their budget.
Formula to Calculate Mahindra Manulife SIP Returns
Designed by 5paisa, the mutual fund calculator Mahindra Manulife uses the following process for determining the predicted future returns:
FV = P x ({[ 1+ i] ^ n -1} / i) x (1+i)
The table shows the value represented by the variables in the given formula:
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Illustration
X invests INR 2,000 per month in a Mahindra Manulife SIP scheme for one year at a 15% interest rate. Their expected future return would be
2,000 ({[1 + 0.01] ^ {15 – 1} / 0.01) x (1 + 0.01)= 26,042
Total amount invested: INR 24,000
Expected return amount: INR 26,042
Profit: INR 2,042
The estimated Future Returns for various investment time frames can be given as below.
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The Mahindra Manulife SIP interest rate calculator is an easy-to-use tool for potential and current mutual fund investors. It offers a robust mechanism for quick calculations of future returns for those managing a diverse portfolio of mutual fund products. You must follow the steps below to find the expected investment return for ‘n’ number of years.
Step 1: Enter the SIP amount you are willing to invest as a periodic instalment in any chosen Mahindra Manulife mutual fund scheme. You can drag the slider on the window to the preferred SIP amount.
Step 2: Choose the yearly interest rate by dragging the slider to the preferred percentage.
Step 3: Select the SIP tenure for which you are willing to lock your funds.
Step 4: Choose the Set-up percentage.
Finally, the calculator displays the possible future returns that a particular mutual fund scheme will fetch from the market and reflects the growth expected during different periods.
Using the Mahindra Manulife SIP Calculator affords investors the following benefits:
- To get a fair idea about the future returns of a mutual fund project.
- Finding the most suitable periodic SIP investment amount in seconds.
- Allocating money in the best mutual fund scheme that satisfies your periodic investment, interest rate, and future return expectations
- A simple and engaging interface that provides accurate growth results based on prevailing market patterns
- The Step-up feature helps to meet your financial goals easily
- Comparing different schemes to shortlist the one that is right for you
Best Mahindra Manulife Mutual Funds List
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Frequently Asked Questions
Some top-rated Mahindra Manulife Mutual Funds per 3-year returns include:
Yes, Mahindra Manulife SIPs are a safe investment option. The Securities and Exchange Board of India regulates the working of Mahindra Manulife mutual funds. The regulator ensures the safety of mutual fund investors against fraud, funds hoarding, irrelevant policy terms, etc.
The platform supports a diverse range of SIP schemes for investors. You can opt for SIP schemes against a minimum investment of INR 500 with a flexible payment tenure. Mahindra Manulife SIP is a perfect solution for investors taking their first steps in the risk-infused mutual funds domain.
You must follow the steps to open a Mahindra Manulife SIP account through 5paisa.
Step 1: Open an account on ‘5Paisa’ and log in.
Step 2: Choose the most feasible Mahindra Manulife mutual fund scheme from the list.
Step 3: Click the ‘Start SIP’ option. This includes the preferred SIP amount, tenure, and start date.
Step 4: Tap on ‘Invest Now’ after deciding upon the start date of your SIP scheme.
Step 5: Select either UPI or Net Banking as your preferred payment.
Step 6: Provide the details and click on ‘Click & Pay’.
Step 7: Your Mahindra Manulife SIP account is now registered on 5paisa.
Step 8: Choose your preferred SIP investment amount and start investing.
Disclaimer: The calculator available on the 5paisa website is intended for informational purposes only and is designed to assist you in estimating potential investments. However, it is important to understand that this calculator should not be the sole basis for creating or implementing any investment strategy. View More..