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SIP calculator

Estimate how much a regular monthly investment could grow to, with or without an annual step-up.

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How it works

How to use the SIP Calculator tool

  1. 1

    Enter your monthly SIP

    The amount you plan to invest every month.

  2. 2

    Set return and duration

    Enter an expected annual return and how many years you'll invest.

  3. 3

    Add a step-up (optional)

    Increase your SIP every year to see how it accelerates growth.

The SIP formula

FV = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i), where P is the monthly investment, i is the monthly rate of return (annual rate ÷ 12 ÷ 100) and n is the number of months. The final (1 + i) reflects that each instalment is invested at the start of the month, the convention Indian mutual fund calculators use.

Example: 10,000 a month for 10 years at 12% per year means investing 12,00,000, with an estimated value of about 23,23,391.

The power of a step-up

Raising your SIP in line with your income makes a big difference. Increasing a 10,000 SIP by 10% every year for 15 years at 12% grows the estimated final value from about 50.5 lakh to about 86.8 lakh, roughly 70% more than a flat SIP, because the larger later instalments compound on top of the earlier ones.

Limitations

We’d rather be upfront about what this tool can’t do yet:

  • Real returns are not constant and are not guaranteed; markets go up and down.
  • Expense ratios, exit loads and taxes aren't deducted.
  • This calculator is for education and planning, not financial advice.

FAQ

Frequently asked questions

What is a SIP?

A Systematic Investment Plan: investing a fixed amount in a mutual fund at regular intervals, usually monthly, instead of a single lump sum.

What return should I assume?

That depends on the fund type and is never guaranteed. Many people model a range, such as 8%, 10% and 12%, to see best and worst cases.

Is SIP return the same as CAGR?

Not quite. Each instalment is invested for a different length of time. The annual return entered here is applied month by month to each instalment.

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