what is sharemint ?
sharemint.in is a website related to stock market. this website provides many tools like Zerodha Brokerage Calculator, Stock Average Price Calculator, SIP Calculator,etc.
1. SIP Clculator :-
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.
2. 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.
3. Zerodha Brokerage Calculator :-
What is a brokerage calculator?
A Brokerage Calculator is an online tool aimed to help the 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.