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This is to inform you that scheme names have been changed for Nippon India ETFs with effect from 1st July 2022, for more details click on the Addendum. Thank you for your patronage!

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Net Worth Calculator

Would it not be so convenient to know what you own, what you owe and your net worth at any given time? That's what our net worth calculator does for you! Let's find out how it works

Financial Assets

Shares & Equity Mutual Funds
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Fixed Income Assets
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Cash & Bank Accounts
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Property
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Gold & Jewellery
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Other Assets(if any)
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Liabilities

Home Loan
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Personal & Other Loans
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Income Tax Owed
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Outstanding Bills/Payments
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Credit Card Dues
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Others Liabilities (if any)
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Total Assets

Total Liabilities

Your Networth

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Personal Finance Calculator

We often see cover pages of magazines citing the celebrities with the highest net-worth. We admire the figures quoted and wonder if we could own that much! But what is net-worth after all? Net-worth is the difference between your assets and liabilities. It is an important metric to understand the financial health of an individual or business. Assets can be defined as economic resources that have revenue generation potential in the form of receivables or cash flows, such as your investments, home, gold, etc. On the other hand, Liabilities are nothing but your debts or financial obligations, for example, your loans, credit card bills, etc. Positive net-worth indicates net gains and a strong financial position, whereas a negative net-worth implies net losses and inability to service your debts.

Here is a simple way of calculating your net worth- the net worth calculator!

Personal Finance Calculator

The net worth calculation is easy with the net worth calculator. You just need to plug in the values of your various assets and liabilities, and within seconds, the net-worth calculator will display your results.

Since a net-worth calculator computes your current financial standing, it aids you in making periodic changes to your investment portfolio based on your long-term and short-term financial objectives. Thus, a net-worth calculator is an indispensable tool for both individuals and businesses.

You can also deduce your liquid net worth using a net-worth calculator. Liquid net-worth is the portion of your total net-worth that is easily convertible into cash. Liquid net worth helps you manage your daily cash requirements and set up cash reserves for immediate liquidity needs or contingencies.

Disclaimer: The above results are for illustration purpose only. Please get in touch with a professional advisor for a detailed suggestion. The calculations are not based on any judgments of the future return of the debt and equity markets / sectors or of any individual security and should not be construed as a promise on minimum returns and/or safeguard of capital. While utmost care has been exercised while preparing the calculator, NIMF does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator. The examples do not purport to represent the performance of any security or investments. Given the individual nature of tax consequences, each investor is advised to consult his/her professional tax/financial advisor before making any investment decision.

The information/illustrations provided herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. The sponsor, the Investment Manager, the Trustee or any of their directors, employees, affiliates or representatives (“entities & their affiliates”) do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Entities & their affiliates including persons involved in the preparation or issuance of this material shall not be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material. Recipient alone shall be fully responsible for any decision taken on the basis of this document.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

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