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Frequently Asked Questions
Find answers to common questions about our financial planning tools
General
Our calculators use industry-standard financial formulas and are regularly updated with the latest market data. While they provide highly accurate estimates, we recommend using them as planning tools in conjunction with professional financial advice.
Investment Planning
The choice between SIP and lump sum depends on various factors including your financial goals, risk tolerance, and market conditions. SIPs are generally recommended for regular income earners as they help average out market volatility, while lump sum investments might be suitable when you have a large amount ready to invest and believe in the market's potential.
Retirement Planning
The amount you need for retirement depends on various factors including your desired lifestyle, expected retirement age, life expectancy, inflation, and expected returns on investments. Our retirement calculator helps you estimate this by considering these factors along with your current savings and income.
Tax Planning
Our calculators incorporate current tax laws and regulations to provide after-tax returns on investments. We consider different tax slabs, capital gains taxes, and available deductions under various sections of the Income Tax Act.