Total Investment
₹ 0
Interest Earned
₹ 0
Maturity Amount
₹ 0
The NPS Calculator helps you estimate the maturity value of your NPS investments. Customize inputs, analyze scenarios, and plan long-term with ease using its simple interface. Perfect for retirement planning and maximizing your investment potential.
The National Pension System (NPS) is a retirement scheme with market-linked returns, regulated by the Pension Fund Regulatory and Development Authority. You make contributions during your working life, and these are invested by authorised Pension Fund Managers across equity, corporate bonds, and government securities.
Key characteristics include:
Dual Structure: It offers two account types: Tier I (rigid, pension-focused) and Tier II (flexible, investment-focused).
Asset Allocation: Subscribers can choose to allocate funds across equities, corporate bonds, and government securities based on their risk appetite.
Annuity Component: Upon maturity (typically at age 60), a portion of the corpus is used to purchase an annuity to provide a regular monthly pension.
Portability: The account remains accessible and transferable across jobs and locations throughout India.
An NPS Calculator is a tool that helps estimate your retirement corpus based on three parameters: monthly contributions, the expected annual return on your investment, and the age at which you start saving.
The tool functions by:
Simulating Growth: It projects the future value of monthly contributions based on an assumed rate of return.
Visualising Outcomes: It breaks down the final amount into the "Lumpsum," which can be withdrawn, and the "Annuity Corpus," which is strictly reserved for monthly pension generation.
Simplifying Complexity: It processes variables like age, contribution amount, and tenure instantly.
Core Inputs Required:
Investment Amount: The monthly sum contributed.
Age: To determine the remaining tenure until retirement (usually age 60).
Expected Return: The anticipated annual percentage rate.
A calculator enables you to gain insight into the growth of the NPS by providing inputs that are simple to navigate and change. You can understand how different contributions, tenures, and assumptions about returns affect your projected future corpus.
Evaluate different scenarios: Edit the contribution amount, age, or expected returns to see the possibilities instantly and identify a comfortable retirement path.
Visualise the compounding: Inspect how, over time, the compounding of the future corpus operates, separating total contributions from growth attributable to stock market returns.
Plan tenure to retirement: Speculate how continuing contributions until retirement age impact your final maturity amount.
Get in a rhythm for contributions: Test monthly contributions against your corpus to see what contribution may be for a final total of a corpus and potential purchases of an annuity.
The calculator typically uses a future-value-of-series formula for contributions made monthly:
$$A = P \times \frac{(1 + \frac{r}{n})^{nt} - 1}{\frac{r}{n}}$$
Understanding the Variables:
A: The estimated amount you will have when the investment matures.
P: The contribution made every month.
r: The annual return on investment (expressed in decimal form).
n: The compounding frequency.
t: The time in years until retirement.
Using a digital NPS calculator simplifies the complex task of retirement planning. It offers several specific advantages that help investors make informed decisions.
Key benefits include:
Easy to Use: The NPS calculator only needs your age, investment amount, and projected rate of return. Making it easy to use for anyone, regardless of financial expertise.
Flexible Inputs: You can adjust the calculator's inputs to suit your investment goal.
Long-run Financial Planning: An NPS calculator makes it easy to prepare for the long run. The tool helps you make smart financial decisions by showing how your assets have grown over the decades.
Scenario Analysis: The NPS calculator lets you simulate different investment amounts and returns. This will help you decide how much to invest and how to build the corpus needed to achieve your goals.
The Bajaj Broking NPS Calculator is simple to use. It is as simple as having three basic inputs to estimate your potential retirement corpus.
Enter the monthly contribution. Fill in the amount you plan to contribute monthly.
Set an expected return. Enter the annual percentage you anticipate on that investment.
Enter your current age.
Simply hit the calculate button, and you'll see results for the total investment, interest earned, and the maturity amount through its calculation every time you change a field in the inputs above.
Invest in equities across NSE and BSE with real-time market access, analysis tools, and seamless execution
Choose from 4,000+ mutual funds and invest effortlessly to grow your wealth over time
Gain easy access to market opportunities and invest in the next generation of market leaders
Boost your capital by up to 4x with Buy Now, Pay Later and trade larger positions confidently
Diversify your portfolio with government and corporate bonds, ensuring steady returns and low risk
Build your retirement corpus with flexible contributions, enjoy tax benefits, and secure a financially stable future
Easily manage your employee stock options, track vesting schedules, and exercise your rights efficiently
Access global markets, invest in US stocks and ETFs, and track your portfolio with simplified currency conversion
No result found
The tenure of NPS investments is typically till the investor attains 60 years of age. However, partial and premature withdrawals are permitted subject to specific conditions.
You can calculate the maturity amount of NPS investments by entering the monthly investment amount, expected rate of returns and your current age in an NPS calculator.
Both NPS and PPF are retirement savings schemes that have distinct benefits. NPS may be better suited for long-term investors with a higher risk appetite while PPF may be a stabler investment choice.
Most NPS calculators use the expected rate of return that you submit. So, you can use different rates based on the expected returns from different asset classes.
Most NPS calculators do not account for partial withdrawals. They help you estimate the total amount at maturity, assuming you remain invested over the entire tenure.
No, most online NPS calculators work under the assumption that the investor will remain invested till the age of 60.
The NPS calculator is an online tool that calculates the total corpus you'll accumulate through systematic NPS contributions. It calculates the amounts you invest, the expected returns and the maturity amount based on your monthly contribution, your current age and your expected annual rate of return.
Yes, the NPS calculator is free to use. It provides results immediately and requires neither registration nor fees. You can adjust your monthly contribution, your age, and your expected return as many times as you'd like to see how your investment combinations affect your total expected NPS maturity value.
No, the NPS calculator will provide a single total maturity value. It will provide the sum of the invested amounts and the returns generated on those amounts over the investment duration. This tool is designed to measure how contributions would increase in value at retirement, but it will not provide a lump sum and annuity portion.
The NPS calculator does not provide an estimate of the monthly pension amount. Instead, it simply presents you with the estimated total maturity value based on your inputs to the calculator. The whole point of this calculator is to help you understand, based on your monthly contributions under the National Pension System, an estimated total corpus that may be created.
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading
Open Your Free Demat Account
Enjoy low brokerage on delivery trades
|
Please Enter Mobile Number
Open Your Free Demat Account
Enjoy low brokerage on delivery trades
|
