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What is Mutual Fund

The money pooled in by a large number of people (or investors) is what makes up a Mutual Fund. This fund is managed by a professional fund manager. Each investor owns units, which represent a portion of the holdings of the fund. The income/gains generated from this collective investment is distributed proportionately amongst the investors after deducting certain expenses, by calculating a scheme’s “Net Asset Value or NAV"
SIP Calculator
SIP Amount Per Month
Investment Period
Yrs
Expected Rate Of Return
%
Expected Wealth Accumulation
100000
Total Investment
100000
Expected Gains
100000