How does a Lumpsum Investment work?
A lumpsum investment involves putting a significant amount of money into an asset class (like a mutual fund) in one go, rather than making regular, smaller investments (like a SIP).
This calculator uses the power of compound interest to estimate how much your one-time investment could grow over your specified time horizon, assuming a constant rate of return. The formula used is A = P(1 + r/n)^nt.