Is the fund for you? What the fund aims to do? Who better than to answer such questions than the FM themselves. FM Station aims to give first-hand insights and hear straight from the Fund Manager on funds, investment philosophy and more.
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Our Calculation Formula
If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Our Calculation Formula
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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