Lumpsum Calculator
Easily calculate the future value of your lumpsum investment with this user-friendly calculator. Make informed investment decisions and plan for a secure financial future.
FAQs on Lumpsum Calculator
What is a lumpsum calculator?
A lumpsum calculator helps you estimate the future value of your investment based on the principal amount, rate of return, and investment period.
How accurate are the results?
The results are estimates based on the inputs provided and assume a constant rate of return over the investment period.
Can I use this for SIP calculations?
No, for SIP investments, use a dedicated SIP calculator as the calculations differ.
What inputs are required?
You need to provide the principal amount, annual rate of return, and investment duration.
What is the formula used?
The formula used is FV = P * (1 + r)^n, where FV is future value, P is principal, r is annual rate of return, and n is the number of years.
Is this calculator free?
Yes, this calculator is completely free to use.
Can I calculate partial years?
No, this calculator currently supports only whole years for investment duration.
Is it mobile-friendly?
Yes, this calculator is designed to work on both desktop and mobile devices.
What is the maximum duration I can calculate?
There is no maximum limit, but practical durations depend on your investment goals.
What is the assumed compounding frequency?
This calculator assumes annual compounding for simplicity.