About Mutual Fund Returns Calculator
A mutual fund return calculator is a tool used to estimate the returns on a mutual fund investment. A mutual fund is a type of investment vehicle that pools money from multiple investors to purchase a portfolio of securities such as stocks, bonds, and other assets.
The mutual fund return calculator typically requires inputs such as the amount invested, the purchase date, and the current value of the investment. The calculator then uses this information to estimate the returns on the investment.
The mutual fund return calculator can be a useful tool for individuals to estimate the performance of their mutual fund investments, compare the returns of different funds, and make informed investment decisions. It provides a single, comprehensive measure of the returns on a mutual fund investment and helps individuals track the performance of their investments over time.
Mutual Fund Returns Calculation
Formula for Mutual Fund Returns Calculation:
A = P (1 + R/N) ^ NT
A: Estimated returns,
P: Present value of investment,
R: Estimated rate of return
N: number of compound interests in a year