What this tool does
Set a monthly investment, expected annual return and investment period. The calculator models monthly contributions made at the beginning of each month and compounds them monthly. Results are estimates and actual market returns will vary.
Formula
M = P × [((1 + i)^n − 1) ÷ i] × (1 + i), where i is the monthly return and n is the number of contributions.
Examples
₹5,000 monthly · 12% · 10 years
About ₹11.62 lakh estimated value
Frequently asked questions
Are returns guaranteed?
No. The return rate is an assumption; market-linked investments can deliver lower or higher results.
When is each contribution assumed?
The formula treats each monthly contribution as occurring at the beginning of the month.