what is sharemint ?
sharemint.in is a website related to the stock market. sharemint website provides many tools like Zerodha Brokerage Calculator, Stock Average Price Calculator, SIP Calculator, etc, and blogs related to stock market topics like IPO, business, fundamental analysis, finance, etc
- SIP Calculator:-
SIP calculator is a simulation, which allows you to estimate the return on mutual fund investments made through SIP. Investing through SIPs in mutual funds is a popular investment option for millennials.
SIP calculators are designed to give potential investors a heads-up on their mutual fund investments. However, the actual return from the mutual fund scheme varies depending on several factors. The SIP calculator does not account for the exit load and expense ratio (if any).
It is an online tool to calculate the SIP amount to achieve your financial goals, based on an expected annual return.
How can a SIP return calculator help you?
SIPs are a more lucrative mode of investing funds compared to a lump sum amount according to several mutual fund experts. It helps you become financially disciplined and create a habit of savings that can benefit you in the future.
A SIP calculator online is a beneficial tool, which shows the estimated returns you will earn after the investment tenure.
A few of the benefits of SIP calculators include – Assisting you determine the amount you want to invest in.
Tells you the total amount you have invested. Gives an estimated value of the returns.
- Stock Average Price Calculator: Stock Average Calculator?
Stock Average Calculator helps you to calculate the average share price you paid for a stock. Enter your purchase price for each buy to get your average stock price.
Why Stock Average Calculator?
Suppose you bought Reliance stocks at some price expecting that it will move upwards. But unfortunately, it didn’t go with your assumptions and it started moving downwards. But you still have faith in Reliance that it will move upwards. For this, you will start adding more stocks to reduce the average price of a stock.
Why average calculator is needed?
This online calculator is needed to minimize the loss from the stock market. Many investors do not average after they buy the same stock many times. This calculator is needed to get the correct average cost per share when the buying price differs.
What is the reason an average stock calculator is required?
This calculator online is required to reduce the risk of losing money in the market. A lot of investors don’t perform averaging when they have purchased the same stock several times. If the price of purchase is different, the calculator will be needed to calculate the right price per share.
What is a brokerage calculator?
A Brokerage Calculator is an online tool aimed to help traders/clients know the exact charges that they might incur when conducting a trade.
A brokerage provides intermediary services in various areas e.g., investing, obtaining a loan, or purchasing real estate. A broker is an intermediary who connects a seller and a buyer to facilitate a transaction.