Estimate what a monthly investment could grow to over time.
Enter a monthly amount, expected return and duration to see an estimate.
FV = P x [((1 + i)^n - 1) / i] x (1 + i)
P is the monthly investment, i is the monthly rate (annual return divided by 12) and n is the number of instalments. The trailing (1 + i) assumes each instalment is invested at the start of the month.
Investing 10,000 a month for 10 years at an assumed 12% annual return.
You would invest 12,00,000 and the projected value is about 23,23,000, of which roughly 11,23,000 is estimated growth.
A SIP projection is an estimate, not a promise. Market returns vary year to year and a fund that averages 12% over a decade may fall sharply in any single year.
Run the numbers with a conservative return as well as an optimistic one so you know the range of outcomes you are planning for.
No. Mutual fund returns are market linked. The figures here show what a constant assumed return would produce, which real markets never deliver smoothly.
Many investors model equity funds between 10% and 12% and debt funds between 6% and 7%, but past performance is not a forecast. Try a range rather than one number.
No. The result is a nominal value before capital gains tax and before adjusting for inflation.
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