PNB SIP Calculator

PNB Mutual Fund SIP Calculator gives you an idea of the returns you can potentially earn on mutual fund investments made through SIP, on the basis of an annual projected return. This online tool also allows you to change the input values like SIP amount, investment tenure and expected rate of return to compare different sets of combinations and find the one that best aligns with your budget and financial goals.

How Does PNB SIP Calculator Work?

PNB Mutual Fund SIP Calculator works on a standard formula based on the principles of compound interest. The formula is given below: 

FV = P [ (1+i)^n-1 ] * (1+i)/i ; where, 

• FV - Future value of investment
• i - Rate of return
• P - Investment amount
• n -  Number of installments 

Note: The value of ‘i’ is calculated as {(1 + Annual Return)^1/12} – 1

Using an online SIP calculator is easy. You simply need to enter (or adjust the slider) the following details to know your estimated return:

1. Investment Amount- Enter the amount you wish to invest every month. You can start with as little as ₹100 per month, depending on the mutual fund scheme and your budget.
   
2. Investment Duration- Select the timeframe till when you want to hold your mutual fund scheme. This should be aligned with your financial goals.
   
3. Expected Rate of Return- Choose the annual rate of return you expect your investment to generate over time, based on the previous performance of the fund.   

After entering the details, the calculator will instantly display the results, including the total investment and estimated returns for the chosen timeframe. Moreover, with the help of the step up feature, you can also increase your SIP contribution at regular intervals, which aligns your savings with your growing income and maximises the power of compounding without requiring manual adjustments. 

Benefits of Using PNB Mutual Fund SIP Calculator 

PNB Mutual Fund SIP Calculator helps you: 

• Understand how your SIP contributions compound over time.  
• Get an instant and accurate estimate of your potential return.
• Adjust the variables (amount, duration and rate of return) to compare and then determine the best investment strategy. 
• Plan your investments according to your financial goals and budget. 
• Save time and effort with instant results because manual calculations consume a lot of time and are prone to human error. 

Both PNB Lump Sum Calculator and SIP Calculator are designed to calculate potential returns on your investments. The key difference lies in the fact that the lump sum calculator will calculate the projected value of a one-time investment, whereas a SIP calculator will assess the returns from periodic investments.

The table below demonstrates how your lump sum and SIP amount grow during the same investment duration and expected annual rate of return. 

Lump Sum Investment at 13% p.a. Rate of Return

Monthly SIP of ₹5,000 at 13% p.a. Rate of Return 

Note: The returns are illustrative and not guaranteed. Actual returns may vary based on the market performance and other influencing factors.

Step-Up SIP: Turn Your Income Hike Into Wealth Creation

Step-Up SIP allows you to automatically increase a fixed amount/percentage to your current mutual fund investments. As your income increases, you can boost your SIP contributions periodically to build a substantial fund over time. 

Suppose, you are investing ₹10,000 every month in a mutual fund scheme. You have chosen the option of an annual step-up of 10% p.a. In this case, your monthly investment will increase to ₹11,000 in second year, ₹12,100 in third year and so forth.

Let’s understand the magic of Step Up SIP over Regular SIP. 

Compare Regular SIP and Step Up SIP Returns

Note: The returns are illustrative and not guaranteed. Actual returns may vary based on the market performance and other influencing factors.

PNB (Punjab National Bank) is an AMFI-registered mutual fund distributor. It offers regular plans from leading fund houses instead of managing its own AMC. Customers can invest in mutual fund schemes of different companies with whom PNB has tied-up. To invest in those mutual funds, customers can:

• visit the nearest bank branch where a bank representative can guide you through the process.
  
• visit the bank’s official website or PNB mobile banking app (PNB ONE app) to invest in mutual funds through an online process.