Calculate the future value of a present sum of money, plus optional regular monthly contributions, at a given growth rate.
Future value is what a sum of money invested today, plus any ongoing contributions, will grow to at a given rate of return over time.
Future value equals present value times (1 plus rate) raised to years, plus the future value of any monthly contributions using the annuity formula.
Enter your present value, optional monthly contribution, annual growth rate, and number of years, then click Calculate.
Example: 1 lakh rupees invested today plus 5,000 monthly at 10% annual growth over 15 years grows substantially through compounding.
Is this the same as an investment calculator. Yes, this is the core time-value-of-money formula that underlies investment and SIP calculators.
What if I don't add monthly contributions. Leave that field blank or zero, and the tool will calculate simple lumpsum compound growth only.