Compounding
Assumptions
Effective annual investment return converted to an equivalent monthly rate: (1 + annual return)^(1/12) − 1. Contributions are made at the start of each month. Constant returns are illustrative, not guaranteed; fees and taxes are excluded. Many published calculators divide the annual return by 12 each month instead, which produces a higher figure; that comparison value is listed in the detailed results.
Estimates are not personalised financial advice. Review assumptions before use.
Estimated future value
Based on your inputs. Not guaranteed. Exact amount: ₹14,30,764.
Investment growth
At your assumptions, annual growth first exceeds that year's contributions in year 6.View detailed breakdown
Contributions are money added during the year; growth is the change generated by the assumed return.
How much comes from saving versus growth?
The annual chart separates added money from growth. The balance curve shows their combined effect over time.
Detailed results
| Result | Value |
|---|---|
| Estimated future value | ₹14.31 lakh |
| Total invested | ₹7 lakh |
| Estimated growth | ₹7.31 lakh |
| Comparison: value if the annual return were divided by 12 | ₹14.92 lakh |
Schedule
| Year | Opening balance | Contributed | Growth | Closing balance |
|---|---|---|---|---|
| 1 | ₹1 lakh | ₹60,000 | ₹15,832 | ₹1.76 lakh |
| 2 | ₹1.76 lakh | ₹60,000 | ₹24,932 | ₹2.61 lakh |
| 3 | ₹2.61 lakh | ₹60,000 | ₹35,124 | ₹3.56 lakh |
| 4 | ₹3.56 lakh | ₹60,000 | ₹46,539 | ₹4.62 lakh |
| 5 | ₹4.62 lakh | ₹60,000 | ₹59,324 | ₹5.82 lakh |
| 6 | ₹5.82 lakh | ₹60,000 | ₹73,643 | ₹7.15 lakh |
| 7 | ₹7.15 lakh | ₹60,000 | ₹89,680 | ₹8.65 lakh |
| 8 | ₹8.65 lakh | ₹60,000 | ₹1.08 lakh | ₹10.33 lakh |
| 9 | ₹10.33 lakh | ₹60,000 | ₹1.28 lakh | ₹12.2 lakh |
| 10 | ₹12.2 lakh | ₹60,000 | ₹1.5 lakh | ₹14.31 lakh |