The illustration helps user to ascertain how much their savings will grow at a certain amount of monthly savings and assumed rate of return.
The user has to enter the amount she/he can invest every month, choose the holding period and submit.
After the submission, the calculator will show the value of investment at different rates of return. This tool can be used for planning its long term wealth requirement. It could be for Children education, Marriage, Retirement or for any other life goals. The calculations are on assumed rate of returns, hence the actual returns may be more or less.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.