Monthly Income Calculator
Whether you are an employee working on a full-time basis or a freelancer working on a project basis, your salary is the most important aspect of your profile. It does get difficult if you don’t have fixed monthly income but have recurring monthly expenses to cater to. Your monthly income may be insufficient to meet monthly expense. Investing money can be a good solution and this is where the monthly salary calculator helps you. The plans under this monthly income calculator are designed for part-time workers, occasional workers, professionals who work on project/contract basis, and retirees. A gross monthly income calculator helps determine the appropriate investment amount based on an individual’s monthly expense and risk profile.
LARGE CAP
534.5320
LOW RISK
10.09
13.94
23.79
Investors can choose from multiple schemes depending on nature of job, level of expense and risk appetite. The monthly salary calculator can be an additional source of income for those who don’t have fixed monthly income. The monthly income calculator also displays schemes dedicated to retirees. Retirees can choose the schemes displayed under the monthly salary calculator for an additional source of income. The gross monthly income calculator takes into account your risk profile and provides options accordingly. Conservative Investors can use the monthly salary calculator to compute total required income. Moderate-risk investors whose jobs are of near-salaried nature or are dependent on other incomes (such as leasing out real estate or other assets) can also use the monthly salary calculator. A gross monthly income calculator enables them to tolerate some level of risk while investing. A gross income calculator provides investment options such as Systematic Withdrawal Plans, Mutual Fund dividends, Equity dividends and Corporate Deposits. Please note that the investment schemes mentioned above are purely for informational basis. It is recommend that users consult their financial and wealth management consultants before making any investment decision. Projection calculations are assumed at a pretax rate of 12.5% p.a. for conservative and 14.5% p.a. for moderate investments.