Calculate the future value of your one-time investment and plan your financial goals better.
A lumpsum investment is a one-time investment where you invest a large amount at once. For example, if you have ₹1,00,000, you can invest it all at once in a mutual fund or stock instead of investing ₹10,000 monthly over 10 months.
Pro tip: Consider market timing when making lumpsum investments. During market downturns, you might get more units for your investment amount.
Note: Consider market conditions and your risk tolerance before making a lumpsum investment. If unsure, consult a financial advisor.