Worked example
SIP, worked example
₹11,61,695after 10 years
- Monthly SIP
- ₹5,000
- Rate you would enter
- 12% a year
- Invested
- ₹6,00,000
- Estimated gain
- ₹5,61,695
Rounded to the nearest rupee. The rate is an input, not a fund's past return.
FV = P × (((1 + i)^n − 1) / i) × (1 + i)