Financial Engineering
TVM Calculator
Time Value of Money — solve for any one of Present Value, Future Value, Payment, Rate, or Duration.
What do you want to calculate?
Up to ₹100 Cr
Dream big — up to ₹100 Cr
Increase the recurring payment every year — like a Step-Up SIP. Set 0 for a flat payment.
Payments at the end of each period (e.g. SIP debited on the last working day).
Results
Balance Over Time
Your corpus growth vs. total money put in
Year-by-Year Breakdown
How the corpus builds up, period by period
| Year | Opening | Contribution | Growth | Closing |
|---|---|---|---|---|
| Year 1 | ₹0 | ₹2.40 L | ₹13,662 | ₹2.54 L |
| Year 2 | ₹2.54 L | ₹2.40 L | ₹45,858 | ₹5.40 L |
| Year 3 | ₹5.40 L | ₹2.40 L | ₹82,137 | ₹8.62 L |
| Year 4 | ₹8.62 L | ₹2.40 L | ₹1.23 L | ₹12.25 L |
| Year 5 | ₹12.25 L | ₹2.40 L | ₹1.69 L | ₹16.35 L |
| Year 6 | ₹16.35 L | ₹2.40 L | ₹2.21 L | ₹20.96 L |
| Year 7 | ₹20.96 L | ₹2.40 L | ₹2.79 L | ₹26.16 L |
| Year 8 | ₹26.16 L | ₹2.40 L | ₹3.45 L | ₹32.01 L |
| Year 9 | ₹32.01 L | ₹2.40 L | ₹4.20 L | ₹38.61 L |
| Year 10 | ₹38.61 L | ₹2.40 L | ₹5.03 L | ₹46.05 L |
| Year 11 | ₹46.05 L | ₹2.40 L | ₹5.98 L | ₹54.42 L |
| Year 12 | ₹54.42 L | ₹2.40 L | ₹7.04 L | ₹63.87 L |
| Year 13 | ₹63.87 L | ₹2.40 L | ₹8.24 L | ₹74.50 L |
| Year 14 | ₹74.50 L | ₹2.40 L | ₹9.59 L | ₹86.49 L |
| Year 15 | ₹86.49 L | ₹2.40 L | ₹11.11 L | ₹100.00 L |
| Total | --- | ₹36.03 L | ₹63.97 L | ₹100.00 L |
What is the Time Value of Money?
A rupee today is worth more than a rupee tomorrow, because a rupee in hand today can be invested and can start earning a return right away. TVM is the mathematical framework behind every SIP, lump sum, and goal calculator — it links five variables together: Present Value (what you have today), Future Value (what you want it to grow into), Payment (a recurring contribution), Rate (the return you expect), and Time (how long you stay invested). Give the calculator any four of these, and it solves for the fifth.
Why it matters for SIP planning
Every goal-planning question — “how much monthly SIP do I need?”, “what corpus will this build to?”, “how long will it take?” — is really the same TVM equation, just solved for a different variable.
Compounding frequency matters
A 12% annual rate compounded monthly grows faster than the same 12% compounded yearly, because interest is credited — and starts earning further interest — more often.
A live example
To find the monthly investment that reaches a ₹1 Cr goal in 15 years at an assumed 12% p.a., switch to the “Payment” tab above — that is exactly the default scenario loaded on this page.
Note: this calculator treats your lump sum and recurring payments as amounts building toward the same target (not as opposing cash flows on a financial calculator's signed timeline), so all results are shown as plain positive rupee figures for readability.
Want help turning this into an actual investment plan?
Share your contact — your Relationship Manager will call back with a goal-based plan built around these numbers, zero obligation.
Calculator results are for illustration purposes only. Actual returns may vary based on market conditions, fund performance, and other factors. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance does not guarantee future returns.
Time value of money — why a rupee today beats a rupee tomorrow
A rupee in your hand today is worth more than a rupee a year from now, because today’s rupee can be invested to grow. That simple idea — the time value of money — is the foundation under every financial decision, from comparing a lump sum against instalments to valuing a future goal in today’s terms. Present value tells you what a future amount is worth now; future value tells you what a present amount grows to.
This calculator moves an amount across time for a given rate and number of years, in either direction. Use it to answer questions like "what is a promised future payment worth today?" or "what will this amount grow to?" — the discount or growth rate you choose is what links the two.
How this calculator works
- 1Enter an amount, an interest or discount rate, and the number of years.
- 2Choose whether to find the future value of a present amount or the present value of a future amount.
- 3The calculator applies compounding (or discounting) and returns the result.
Frequently asked questions
What is the time value of money?
It is the principle that money available now is worth more than the same amount in the future, because it can be invested to earn a return in the meantime. It underlies present value, future value, loan and investment maths, and the comparison of cash flows that occur at different times.
What is the difference between present value and future value?
Future value is what a present amount grows to after earning a return over time. Present value is the reverse — what a future amount is worth today, discounted back at a chosen rate. They are two sides of the same calculation, linked by the rate and the number of periods.
What discount rate should I use?
Use a rate that reflects what the money could realistically earn at similar risk — for example, an expected investment return, or a safe rate for low-risk cash flows. A higher discount rate makes future amounts worth less today. The choice of rate materially affects the answer, so pick it deliberately.
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Illustrative only; results depend on the rate you choose.
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