What is a “cycle” in this calculator?

One cycle assumes your capital doubles in gross terms (100% return). Then 12.5% tax is applied to the gain, 20% performance fee on the post-tax gain, and you withdraw 10% of the capital you started the cycle with. The remainder is reinvested into the next cycle.

Is this the same as on the Polaris PMS page?

Yes — it uses the same model and table as the compounding section on the Clearmind Polaris PMS product page, so you can bookmark or share this calculator link directly.

Polaris 1× → 110× Calculator — Compounding After Tax & Fees | Clearmind

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1Double — your capital is assumed to double (100% gross gain).
2Pay — 12.5% tax on the gain, then 20% performance fee on what's left after tax.
3Withdraw & reinvest — you take out 10% of what you started the cycle with; the rest rolls forward.

Starting capital (type any amount in ₹, or use chips below)

Readable amount: ₹50,00,000 (₹50.00 L)

How many full doublings? 7

3 doublings (fewer)10 doublings (more)

Summary after 7 doublings

What's still invested (reinvested)

₹13.42 Cr

From ₹50.00 L you end with about 26.8× that amount — after all taxes, fees, and withdrawals above.

Taken out over all 7 cycles (cumulative)

₹2.15 Cr

Withdrawals (10% each cycle)

₹3.77 Cr

Performance fees (20% after tax)

₹2.69 Cr

Tax on gains (12.5%)

Full breakdown by cycle

Each row is one doubling. Read left to right: what you started with → what 2× looks like → what gets deducted → what remains.

Polaris-style compounding: per-cycle capital, gross after double, deductions, and reinvested balance.
Cycle	Start with	After 2× (gross)	Tax 12.5%	Fee 20%	Withdraw 10%	Reinvested
1	₹50.00 L	₹1.00 Cr	−₹6.25 L	−₹8.75 L	−₹5.00 L	₹80.00 L
2	₹80.00 L	₹1.60 Cr	−₹10.00 L	−₹14.00 L	−₹8.00 L	₹1.28 Cr
3	₹1.28 Cr	₹2.56 Cr	−₹16.00 L	−₹22.40 L	−₹12.80 L	₹2.05 Cr
4	₹2.05 Cr	₹4.10 Cr	−₹25.60 L	−₹35.84 L	−₹20.48 L	₹3.28 Cr
5	₹3.28 Cr	₹6.55 Cr	−₹40.96 L	−₹57.34 L	−₹32.77 L	₹5.24 Cr
6	₹5.24 Cr	₹10.49 Cr	−₹65.54 L	−₹91.75 L	−₹52.43 L	₹8.39 Cr
7	₹8.39 Cr	₹16.78 Cr	−₹1.05 Cr	−₹1.47 Cr	−₹83.89 L	₹13.42 Cr
Totals (all cycles)			−₹2.69 Cr	−₹3.77 Cr	−₹2.15 Cr	₹13.42 Cr

Illustrative model only. Assumes a full 2× gross return every cycle (Polaris benchmark). Tax 12.5% on gains; performance fee 20% on post-tax profit when doubling is within 3 years; withdrawal 10% of capital at the start of each cycle. Actual results will differ.

Illustrative model using Polaris-style assumptions: full 2× gross return each cycle, 12.5% LTCG on gains, 20% performance fee on post-tax profit, 10% withdrawal of starting capital per cycle. Not a guarantee of returns or Clearmind product performance. See /pms/polaris for the mandate.