Lumpsum formula
FV = P × (1 + r)t
P is the amount invested, r is the yearly return and t is the number of years.
Example
₹1 lakh at 12% for 10 years grows to about ₹3.11 lakh, more than 3 times the original.
The rule of 72
A quick shortcut: divide 72 by the yearly return to get the years it takes money to double. At 12%, money doubles in about 6 years.
Lumpsum or SIP?
If you already have a large amount, investing it all at once usually earns more in a rising market. If you're worried about investing just before a fall, spread it over 6–12 months using a SIP or STP. Compare with our SIP calculator.
Estimates only. Market-linked returns are not guaranteed, and actual returns vary from year to year.