SIP calculator
Estimate what a monthly SIP could grow to at an assumed yearly return, and see how much is your own money and how much is growth.
Runs in your browser. Nothing you enter is uploaded.
What it does
A systematic investment plan (SIP) puts a fixed amount into a mutual fund every month. This calculator shows what those instalments would be worth at the end if they grew at the steady yearly rate you enter. It is an illustration, not a forecast: market returns are not steady and are not guaranteed.
How to use it
- Enter the amount you invest each month.
- Enter a yearly return to assume. Try a low and a high figure to see the range.
- Enter the number of years.
- Read the amount invested, the estimated gain and the final value.
Worked example
₹5,000 a month for 10 years at an assumed 12% a year: you invest ₹6,00,000, and the estimated value is about ₹11,61,695, of which ₹5,61,695 is growth.
How it works
The yearly rate is divided by 12 to get a monthly rate i. Each instalment is assumed to be invested at the start of a month, for n months:
Value = A × ((1 + i)n − 1) ÷ i × (1 + i)
This is the common convention for SIP illustrations. Fund houses may use a slightly different method, so small differences are normal.
Questions
What return should I assume?
Nobody can know future returns. Use a cautious figure and a hopeful one and plan on the cautious one. Past performance of any fund does not guarantee future results.
Does the result include expense ratio, exit load or tax?
No. Costs and taxes on gains reduce what you actually receive.
What if I increase my SIP every year?
This calculator assumes the same amount every month. A step-up SIP ends with a larger amount.
Is this investment advice?
No. It is arithmetic on the numbers you enter. Read the scheme documents and take advice suited to you before investing.