SIP Calculator
Calculate the future value of a monthly SIP (Systematic Investment Plan) from your monthly amount, expected annual return and duration. Popular for mutual fund investing in India.
Year-by-year breakdown
Lump-sum FD? FD calculator · goal planning: Savings goal · US retirement: 401(k) calculator.
How a SIP grows
A SIP invests a fixed amount every month. Step-up SIP raises the monthly amount each year — common when salary grows. Target mode answers: “To reach ₹1 Cr in 15 years at 12%, how much per month?”
A SIP (Systematic Investment Plan) grows by compounding monthly contributions: with monthly investment P, expected annual return converted to monthly rate i, and n months, the future value follows the standard annuity formula FV = P × ((1+i)ⁿ − 1) ÷ i × (1+i) (contributions at the start of each month). The calculator shows the invested total versus the growth, plus a year-by-year table — computed locally.
This is an estimate for information only, not professional advice. The "expected return" is an assumption, not a promise: equity funds do not return a smooth 12% — real sequences of returns produce different outcomes than the constant-rate model, and past performance does not guarantee future results (standard SEBI/AMFI risk disclosure). Use a conservative rate and treat results as a planning scenario. Last verified: July 2026.
FAQ
Worked example — ₹10,000 monthly for 15 years at 12%?
i = 1% monthly, n = 180: invested ₹18,00,000, future value ≈ ₹50.4 lakh. The maths is right; the 12% assumption is the risky part — run 8% and 10% scenarios too.
Why does starting 5 years earlier matter so much?
Compounding is exponential in time. ₹10,000/month at 12% grows to ≈ ₹50 lakh in 15 years but ≈ ₹99 lakh in 20 — the last five years contribute nearly as much growth as the first fifteen. Time in the market beats timing it.
What is a step-up SIP and how is it computed?
You raise the monthly amount by a fixed percentage yearly (say 10%) as income grows. The formula applies year by year on the increased contribution; the step-up field models it and typically adds 25–40% to the 15-year corpus versus a flat SIP.
Does the calculator account for inflation, tax or fund fees?
The core result is nominal and pre-tax. Fund NAVs are already net of expense ratios, but capital-gains tax on redemption and inflation both reduce real value — the inflation toggle shows purchasing-power-adjusted results if you set an inflation rate.