How this calculator works
Choose the quantity to solve, then enter the other assumptions. Annual return is nominal under the selected compounding convention; inflation reduces the final purchasing-power amount. Cash flows can occur at period beginnings or ends, with optional smooth growth per payment. Only complete end periods create a payment; beginning payments also cover the start of a partial period. Time-to-goal with recurring investments is rounded up to a payment interval. The table uses the selected monthly or yearly display. Projection dates use 365.25-day model years, not a bank settlement calendar. No fees or taxes are deducted.
Formula
Balance = initial x exp(Lt) + sum of signed cash flows x exp(L x remaining time). L = m ln(1 + nominal rate/m), or the continuous rate. Real final balance = final/(1 + inflation)^years.
Worked example
INR 1,000 initially plus INR 100 at each year end becomes INR 1,420 after two years at 10% annual compounding.
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Frequently asked questions
Can the SIP increase each year?
Yes. The annual cash-flow increase is converted into a smooth per-payment growth factor, rather than a once-yearly jump.
Are returns guaranteed?
No. A constant rate is an assumption; actual investment returns and inflation vary.
Why can a solved value be rejected?
A goal can require negative capital, a negative cash flow, an unreachable term or a return outside the numerical search range.