Finance & Investment · Mutual Funds & SIP
SIP Calculator
Estimate what a Systematic Investment Plan (SIP) — a fixed monthly investment in a mutual fund — could grow to, with an optional yearly step-up, a starting lumpsum, a year-by-year table and the value in today's money.
Your inputs
Quick start — try a typical case
₹ 25 thousand
An assumption, not a promise. Long-run equity fund returns have varied widely.
Your result Live
Estimated Corpus
₹2,49,78,698
20 years of SIPs — estimated, not guaranteed
- Total Invested
- ₹60,00,000
- Estimated Gains
- ₹1,89,78,698
- Wealth Multiple
- 4.16×
- Invested · 24%₹60,00,000
- Gains · 76%₹1,89,78,698
Year-by-year growth
20 rowsAn estimate from the assumptions you entered, not a guaranteed outcome.
How this is calculated
FV = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i)
- P
- Monthly instalment
- i
- Monthly return = annual return ÷ 12 (or the effective monthly rate)
- n
- Number of monthly instalments
- × (1 + i)
- Instalments at the start of each month earn one extra month (drop it for end-of-month)
Each monthly instalment buys units that then compound until the end of the period, so early instalments grow the most. With a step-up, the instalment rises every 12 months. The calculator works month by month, so step-ups, a starting lumpsum, partial years and end-of-month instalments are all exact rather than approximated.
Assumptions & sources
- The expected return is earned steadily every month; real returns vary and the sequence matters for SIPs.
- By default instalments are invested at the start of each month and the monthly return is the annual return ÷ 12 — the convention of most Indian SIP calculators, so results match what you see elsewhere.
- Expense ratios, exit loads and taxes are not deducted beyond what the assumed return reflects.
- 1Mutual fund investor education (SIP, lumpsum, risk) — AMFI — Association of Mutual Funds in India
- 2Investor education material — SEBI — Securities and Exchange Board of India
- 3CFA Program Curriculum — Quantitative Methods: The Time Value of Money — CFA Institute
Calculator ID FIN-INV-SIP-001 · version 2.0.0
Common questions
Is the SIP return guaranteed?
No. The return is your assumption. Mutual fund returns are market-linked and can be negative; past returns don't guarantee future ones.
Why does my bank or app show a slightly different number?
Calculators differ in two conventions: whether instalments go in at the start or end of the month, and whether the monthly return is the annual return ÷ 12 or the effective monthly rate. Both settings are under 'More options' so you can match any calculator.
What is a step-up SIP?
You raise your SIP by a fixed percentage each year, often in line with salary increases. Even 10 % a year can make the final corpus dramatically larger. The Step-up SIP Calculator focuses on this.
How is this different from a recurring deposit?
A bank RD pays a fixed interest rate compounded quarterly, and the maturity is known in advance. A SIP's return is market-linked. Use the Recurring Deposit Calculator for RDs.