Mirae Asset Lumpsum Calculator

Mirae Asset Lumpsum Calculator

The Mirae Asset Lumpsum Calculator estimates the future value of a lumpsum investment. The online calculator simply shows a projected growth of your investment over a period of time at an expected rate of return.

The Mirae Asset Lumpsum Calculator follows the compound interest formula to find out how much your investment will increase over time. This calculator shows how your investments can grow and how much interest you can receive over a specified period.

What is a Mirae Asset Lumpsum Calculator?

The Mirae Asset Lumpsum Calculator is an online tool designed to compute the potential returns based on investment amount, expected rate of return and duration.

This Mirae Asset Lumpsum Calculator allows investors to try different amounts and interest rates for certain duration to get an estimate about the total returns. The online lumpsum calculator enables you to select the most rewarding schemes to achieve your financial goals.

How does the Mirae Asset Lumpsum Calculator work?

The Mirae Asset Lumpsum Calculator basically takes into account three basic factors— investment amount, investment duration, expected rate of return. Based on these details the calculator computes the total amount on maturity.

Mirae Asset Lumpsum Calculator simplifies the process by delivering quick results. This allows you to make smarter decisions without the need for complicated calculations.

The online lumpsum calculator uses a simple formula to compute the amount:

A = P(1 + r/n)^(nt)

Where,

• A is the future value of the lumpsum investment
• P is the invested amount
• r is the annual rate of interest
• t is the investment duration in years
• n is the frequency of compounding per year

Benefits of Using a Mirae Asset Lumpsum Calculator

• Investing a considerable amount may give you sizable returns during market growth.
• Long-term investments profit from compounding.
• A one-time investment relieves the hassles of making recurring contributions and eliminates the chances of any default.
• The Lumpsum calculator helps to take informed decisions by giving details of projected growth of your investment.