₹5,000 a month for 10 years at 12%
- Details
- ₹5,000 a month, 12% a year, 10 years
- Result
- Invested ₹6,00,000; estimated value ₹11,61,695
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How it is calculated
- Monthly rate i = annual rate ÷ 12 ÷ 100. Number of instalments n = years × 12.
- Each instalment is assumed to be invested at the start of the month and to grow at the monthly rate.
- Estimated value = M × ((1 + i)^n − 1) ÷ i × (1 + i), where M is the monthly investment.
- With a step-up, the monthly investment in year y is M × (1 + step-up %)^(y − 1).
- Amounts are shown to the nearest rupee.
- This is an estimate at the rate you entered. Mutual fund investments are subject to market risks, and actual returns may be higher or lower.
- All calculations are done in your browser. The details you enter are not sent to any server.
Worked examples
₹10,000 a month for 20 years at 12%
- Details
- ₹10,000 a month, 12% a year, 20 years
- Result
- Invested ₹24,00,000; estimated value ₹99,91,479
₹2,000 a month for 5 years at 10%
- Details
- ₹2,000 a month, 10% a year, 5 years
- Result
- Invested ₹1,20,000; estimated value ₹1,56,165
₹5,000 a month for 10 years at 12%, increased by 10% every year
- Details
- ₹5,000 a month, 12% a year, 10 years, step-up 10%
- Result
- Invested ₹9,56,245; estimated value ₹16,87,163