Mutual fund returns calculator
A mutual fund's price is its NAV (net asset value), the value of one unit. Your units are your investment divided by the NAV you bought at; what they are worth is the units times today's NAV.
Your gain on a mutual fund from the NAV you bought at and the NAV today
- Invested
- ₹1,00,000
- Gain
- ₹52,102
- Value today
- ₹1,52,102
- Absolute return
- +52.10%
- Annualised return
- +12.73%
- Units held
- 2,212.39
What if
The NAV 10% higher
₹1,67,312
₹15,210 higher
The NAV 10% lower
₹1,36,892
₹15,210 lower
Twice the sum
₹3,04,204
₹1,52,102 higher
How it is worked out
Units = amount invested ÷ purchase NAV. Value today = units × current NAV
Absolute return = value today ÷ amount invested − 1. Annualised return is the CAGR over the days held, shown only for a holding of a year or more, since a few weeks' gain stated as a yearly rate overstates it
About mutual fund returns calculator
The mutual fund returns calculator shows what a holding is worth today and how much it has gained, from the amount invested, the NAV at purchase, the NAV today and the years held. NAV is the net asset value, the value of one unit of a fund.
Units, value and return
Units bought equal the amount invested divided by the NAV at purchase. Value today equals units multiplied by today's NAV. Absolute return is value today divided by the amount invested, minus 1. The gain is value today minus the amount invested.
Annualised return is the compound annual growth rate over the years held: the ratio of value today to the amount invested, raised to the power of one over the years held, minus 1.
An example holding
₹1,00,000 invested at a NAV of ₹45.20 buys 2,212.39 units. At a NAV of ₹68.75 those units are worth ₹1,52,102, a gain of ₹52,102 and an absolute return of 52.10%. Held for 3.5 years, the annualised return is 12.73%.
The page also shows what the value would be with the NAV 10% higher or lower (₹1,67,312 and ₹1,36,892) and with the sum doubled (₹3,04,204). Value moves in step with the NAV, so a 10% change in NAV changes the value by 10%.
Absolute and annualised return
Absolute return states the gain over the whole holding, whatever its length. Annualised return restates it as a yearly rate so holdings of different lengths can be compared.
The page shows the annualised figure only for holdings of a year or more. A gain made over a few weeks and stated as a yearly rate overstates what a full year would give.
Lumpsum, SIP and several purchases
This calculator covers one purchase at one NAV. A SIP buys units on many dates at different NAVs, and a rate for it needs XIRR, which accounts for the date of every cash flow. StockExact has separate SIP, XIRR and CAGR calculators for those cases.
Tax, exit load and payouts
The result is before tax, so capital gains tax is not deducted. It ignores exit load, the fee some funds charge on units redeemed within a set period. Payouts under an IDCW option are not added back: each one lowers the NAV when paid, so the gain shown for such a plan leaves out the cash already received. A fund's expense ratio is already inside its daily NAV, so it needs no separate step.