Corpus Making Calculator
This calculator provides aid to the user in ascertaining how much investment one needs to make on a monthly basis to achieve certain corpus at the end of desired period.
How to use NISM’s Corpus-making calculator?
The Corpus-making Calculator ask the user to enter following four inputs: –
- Corpus required – The amount one wish to have by making periodic investments.
- Present Savings – How much current savings one has, which can also be deployed to achieve corpus amount. If user has no present savings, one needs to enter “Zero” in this tab.
- Expected rate of return (per annum) – The interest rate one can expected on invested amount during the tenure of the investment.
- Time Period / Tenure (in Yrs)– The number of years for which user money will stay invested with financial institutions (Banks, NBFCs, Company FDs etc).
The Corpus -making Calculator generates the following output for the user: –
- Required Monthly Investment – It generates how much monthly savings user need to make and invest to achieve desired corpus.
- Total Invested – It let the user knows how much money s/he invested as principal amount during the investment period.
- Interest earned – It generates how much interest income added to investor portfolio on account of invested money.
- Corpus Acquired – It shows how much Corpus one made after making investments and generating interest on them.
It calculates the interest amount based on compound interest. All the interest payments are considered as received at the end of the period.
