Understanding the SIP Calculator

A Systematic Investment Plan (SIP) is a disciplined way to invest in mutual funds. Our SIP calculator helps you project the future value of your monthly investments.

By entering your monthly investment amount, the expected annual return rate, and the number of years you plan to invest, the tool estimates your total invested amount, the potential gains (estimated returns), and the total future value of your investment. The included pie chart provides a clear visual breakdown of your principal versus your earnings.

How is EMI Calculated?

An EMI (Equated Monthly Installment) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.

Our calculator uses the standard formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1] where P is the principal loan amount, R is the monthly interest rate, and N is the number of monthly installments. The pie chart helps you visualize the split between the principal amount and the total interest you'll pay over the loan's lifetime.

How the GST Calculator Works

Our GST Calculator is a simple tool to calculate the Goods and Services Tax component from a price. It's useful for business owners, shoppers, and anyone needing to work with GST-inclusive or exclusive prices.

Add GST: Use this if you have a pre-tax amount and need to find the final price. The formula is: `Final Price = Initial Amount * (1 + GST Rate / 100)`.

Remove GST: Use this if you have a final price (MRP) and need to find the original amount and the tax component. The formula is: `Initial Amount = Final Price / (1 + GST Rate / 100)`.

How the Mutual Fund Calculator Works

This calculator helps you estimate the future value of your mutual fund investments. You can choose between two common investment types:

• SIP (Systematic Investment Plan): A regular monthly investment. We use the same formula as the SIP calculator to project your wealth.
• Lumpsum: A one-time investment. We use the compound interest formula (compounded annually) to project its growth over time.

The pie chart will show you the difference between the amount you invested and your estimated returns, illustrating the power of compounding.

Understanding Compound Interest

Compound interest is the "interest on interest." It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

The formula used is: A = P(1 + r/n)^(nt), where:

• A = the future value of the investment/loan, including interest
• P = the principal investment amount (the initial deposit or loan amount)
• r = the annual interest rate (as a decimal)
• n = the number of times that interest is compounded per year
• t = the number of years the money is invested or borrowed for

What is Simple Interest?

Simple interest is a quick and easy method of calculating the interest charge on a loan or principal. It is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

The formula is: I = P x R x T, where:

• I = the total interest
• P = the principal amount
• R = the annual interest rate (as a decimal)
• T = the time period in years

Our calculator allows you to enter time in both years and months for your convenience. The total amount returned is simply the Principal + Total Interest.

How to Use the Stock Average Calculator

When you buy the same stock at different prices, your average cost per share changes. This calculator helps you find your "weighted average" price, which is crucial for tracking your profit or loss.

Simply enter the number of shares and the price for each purchase (or "lot") you made. The calculator will instantly update your total shares, total investment, and the new average price per share. Use the "Add Another Lot" button to add as many entries as you need.

How to Use the Age Calculator

Our Age Calculator is a simple tool to determine your exact age or the time duration between two dates. By default, it calculates your age based on today's date, but you can change the "Age at the Date of" field to any date you wish.

The calculator first shows the result in the most common format: Years, Months, and Days. It also provides a detailed summary of the total duration in equivalent years, months, weeks, or days.

About the Date Calculator

This tool helps you find the exact time duration between two given dates. Simply enter the "From Date" and the "To Date," and the calculator will instantly show you the total time elapsed. The result is broken down into a "Years, Months, and Days" format for easy reading, as well as the total number of days.

How to Use the Percentage Calculator

Percentages are a fundamental part of many calculations, from shopping discounts to financial reports. Our calculator provides three common functions:

1. What is X% of Y? - Ideal for finding a discount or tax. (e.g., What is 18% of 2000?)
2. X is what % of Y? - Useful for finding your score on a test. (e.g., 45 is what % of 50?)
3. Percentage Change - Calculates the percentage increase or decrease from one number to another. (e.g., What is the change from 80 to 100?)