Jagoinvestor
June 3, 2010
Introducing JagoInvestor Financial Calculators
Readers, I was working on building some basic calculators over the last month . They are ready to use now . The calculators are very basic and have a bare minimum look and feel , but works !! .
Please use them and provide any changes you feel should happen . one important point you should note is that all the figures are approx and the numbers you get might differ a bit from other calculators on net as the formula’s used might be on yearly compounding or payments have been considered at the end of the period rather than start . So don’t put much thinking on the exact numbers , take them as a general approx figures , anyways how does it matter if your retirement corpus is 4.53 crores or 4.58 crores !! 🙂
Look at this page for all the calculators listed at one place . Below is the list of all the calculators
- Future Value of One time Payment
- One Time Investment Required Calculator
- CAGR Return Calculator
- Constant SIP Calculator
- Increasing SIP Calculator
- Future Value of SIP Payments
- Goal planner
- EMI Calculator
- Retirement Calculator
- Insurance Calculator
- Gfactor Calculator
Provide your Feedback Please . What can be done for Improvements ? Any other calculators you want ?
Hi Manish,
Is there a calculator which shows the final corpus taking into account not just increasing SIPs but also expense ratios?
Many thanks,
Asad
Nope !
[…] http://jagoinvestor.dev.diginnovators.site/2010/06/introducing-jagoinvestor-financial-calculators.html […]
Dear Sir,
I want to received Rs25 lakhs/- after 10 years.Expected rate of return is 12% pa. How much monthly SIP is required, if I increased SIP amount at 5% every year.
It is 10,000 per month, use this calculator http://jagoinvestor.dev.diginnovators.site/calculators/html/Increasing-SIP-Calculator.html
Hey Manish,
good job! much appreciated. can you get one more calculator for monthly expenses / household budget? 🙂
look forward to hear from you soon.
Abdul
Please explain what do you want the calculator to do . what is the input and what is the output
Manish
Dear Manish,
Its really great thing you are doing by serving Indian society to become Financially aware .Its really very useful. Kindly advice me how I can down load these calculator on my PC ?
Avinash
You cant download them .. they are webbased
Manish
Dear, Manish i want to see my SBI PPF account details month by month online basic in my own computer. How it possible?
Pradyut
Its a good question for our forum , ask there .. people will know how to do that
Manish
Hi,
i am suresh .. can u tell the premium investing amount calculation based on Nav and units and percentage,,
i have no idea to calculate the investing amount,that how much amount i got profit for 1 year.. any example plz provide me..
thanks
suresh
Suresh
can you rephrashe your questions again and with more clarity
mansih
@Domnic, You can use a combination of Future Value of One time Payment and the SIP Calc and add the results.
Thank you Ajay and Manish.
I am looking for calculators that considers amount already invested in a fund. For example I have 1lakh in in XYZ fund and I’ll SIP 3K per month for another 10 years. Can I do this calculation with any of the above calculators.
Regards
Dominic
You can combine one time investment calculator for your money already invested and SIP calculator for SIP and add the amount you get from both
Manish
Can you help me understand how to calculate CAGR for SIP investments. Say for SIPs running from last 3 years
regards
venu
Venu
You have to use something called IRR for this , See my article on IRR http://jagoinvestor.dev.diginnovators.site/2009/08/what-is-irr-and-xirr-and-how-to.html
Hi Manish
Thanks for providing these calculators and they are pretty useful.
Have suggestion for the EMI calculator.
Can you include a feature for caluclating the Tax savings (principal & interest) for every year, for the complete Loan tenure.
Also just curious to know, how are you able to manage your time with this work (blogging, doing research about the products,preparing calculators, responding to queries…), in addition to your regular job.
Probably u can share a article on Effective Time Management 😉
Cheers
Venu
Venu
Thanks 🙂 . Will try to add the feature in future but not now due to constraints .
Manish
Manish,
There is something wrong in my understanding, data I provided or the calculations
—————————————————
Increasing SIP Calculator
Monthly Investment: 2000
Yearly % increase in SIP: 0
Return Expected : 15
Total Duration (Years) : 10
The final Corpus is
Final Corpus : 487289
————————————————-
SIP Calculator
Monthly Investment : 2000
Return Expected : 15
Total Duration (Years) : 10
The final Corpus is
Final Value : 557315
————————————————-
There is difference of 70026. Let me know if I am doing anything wrong.
PS: Just was testing with different data and observed this.
Nope . the problem is one calculator is assuming monthly investment and other is assuming yearly investment .
Manish
Hi Manish,
Do you have a calculator which calculates individual returns of SIP as well as the consolidated returns on the SIP invested.
Else if there is any formula ,let me know
regards
Prashant
Prashant
Have not built that calculator now , but will make it soon . For now you can use http://jagoinvestor.dev.diginnovators.site/calculators/html/SIP-Calculator.html only and see what rate of interest fits in your numbers and satisfys your equation 🙂
Manish
Manish,
Quick suggestion. Not sure if it is feasible for you. For the Increasing SIP Calculator, in addition to return, if you can also provide how much the user ends paying/investing every year it will be helpful. It is easy to calculate say for 3-4 yrs. But if the tenure is, say 15 or 20 yrs. Very tough. Say I’m doing SIP of Rs 1000 per month. I want to continue doing it for 20 yrs and target a 10% increase anually. In the 15th year how much will I need to invest? User will need it to know if such an amount of investment is practically achievable or not.
And again, thanks for all the great work!
Pavan
Thanks for suggestion , I will include it later, however why do you say “practically acheiveable” ?
As your income increases , your income after 15 yrs might be 4X of what you have today , at that time your investments will also be 4X , its all number game and how it affect our mind .
Manish
I partly agree with you Manish. However, as time passes by your expenses & commitments as well increase. It’s never easy to pledge X amount for next 20 yrs (though that is the ideal situation). Adding to that the uncertainity of world economy makes things worse. Especially for people in Software industry, most of the bigwigs in India are dependent on either US or Europe for their revenues. And going by the way these countries are deep in debt, the future doesn’t look bright.
Hence, my view that if I’m doing increasing SIPs I have to be practical on how much I can invest. I should atleast know how much I will be required to invest, say in 13th year. I can then review my pay structure and see if it is increasing accordingly or not.
Pavan
hmm.. in that case you can put 3-4% increase in the salary even if its 8% . I will try to accomodate it in calculator
Manish
Thanks Manish!
Quick question: Is there a way that everytime I try to comment I don’t have to enter my name and email? Any logins available on the site?
Excellent job Manish! Thanks for all the good work!
What should be the ideal return that I should consider while calculating returns if I’m invested in equities (say MF) for a period of 20+ yrs?
Pavan
You can expect around 12%
Manish
Manish…Great work once again…all calculator at one place makes life so simple…very useful…
Manish,
It is working now thanks for fixing it. But the values are scary though. I calculated by using 10%inflation for present and post retirement.Ideally how much you should take?
Krishna
I think you should not take more than 7% . Over a long term inflation should not increase much as we go forward to become more developed country .
Manish
Manish,
Many thanks for these calculators. Keep your good job up.
Rajesh
Welcome 🙂 . Suggest more calculators
Manish
Dear Manishji,
calculators are very good but only problem is that on some calculators it shows only 6 digits whereas actual value is in more than 6 digits, please rectify
eg SIP caluclator as follows: shows 189763 instead of 18976351
Will fix it asap .
Manish
Dear Manish
Wonderful job ! Keep it up
Just a suggestion.. I think you need to add a present value calculator..
For example what is the value of Rs 5 crores after 20 years now..
Sure
Added in the todo list .
Manish