SIP Calculator
Future value of monthly mutual-fund SIPs, with annual step-up.
Year-by-year growth table
| Year | Invested | Value | Gain |
|---|---|---|---|
| 1 | ₹60,000 | ₹64,047 | ₹4,047 |
| 2 | ₹1,20,000 | ₹1,36,216 | ₹16,216 |
| 3 | ₹1,80,000 | ₹2,17,538 | ₹37,538 |
| 4 | ₹2,40,000 | ₹3,09,174 | ₹69,174 |
| 5 | ₹3,00,000 | ₹4,12,432 | ₹1,12,432 |
| 6 | ₹3,60,000 | ₹5,28,785 | ₹1,68,785 |
| 7 | ₹4,20,000 | ₹6,59,895 | ₹2,39,895 |
| 8 | ₹4,80,000 | ₹8,07,633 | ₹3,27,633 |
| 9 | ₹5,40,000 | ₹9,74,108 | ₹4,34,108 |
| 10 | ₹6,00,000 | ₹11,61,695 | ₹5,61,695 |
A SIP (Systematic Investment Plan) invests a fixed amount into a mutual fund every month, so your money compounds and rupee-cost averaging smooths out market swings. This calculator shows what your monthly SIP could grow to: enter the amount, an expected annual return and the number of years, and you'll see the total you invested, the estimated gain and the maturity value — with a year-by-year growth chart.
For example, ₹5,000 a month at 12% for 10 years means you invest ₹6,00,000 and could end with about ₹11.6 lakh — nearly half of the final corpus is growth, not contribution. That is the power of starting early.
How SIP returns are calculated
Each monthly instalment compounds at the monthly rate i = annual return ÷ 12. With instalments at the start of each month (the standard convention), maturity value = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i), where P is the monthly SIP and n the number of months.
The expected return is an assumption, not a promise — equity funds in India have historically delivered 10–14% over long periods, but returns vary year to year. Try a conservative and an optimistic rate to see the range of outcomes.
What is a step-up SIP?
A step-up (or top-up) SIP increases your monthly amount by a fixed percentage every year — typically matching your salary increment. Stepping up ₹5,000 by 10% annually turns next year's SIP into ₹5,500, then ₹6,050, and so on. Over long horizons this dramatically increases the final corpus without feeling heavier month to month. Use the step-up slider above to model it.
SIP vs lumpsum
A lumpsum earns compounding on the full amount from day one, so in a steadily rising market it beats a SIP. But a SIP removes timing risk, matches how salaries arrive, and builds discipline — which is why most long-term investors run SIPs and deploy lumpsums only when they have idle cash.
Frequently asked questions
What return should I assume for my SIP?
A common planning range for diversified equity funds is 10–12% a year over 7+ year horizons; debt funds are closer to 6–8%. Assume conservatively — a plan that works at 10% is safer than one that needs 15%.
Is SIP maturity value guaranteed?
No. Mutual fund returns are market-linked. The calculator projects a constant assumed return; actual results will fluctuate around it, especially over short periods.
What is rupee-cost averaging?
Because a SIP invests the same amount every month, it automatically buys more units when prices are low and fewer when they are high, lowering your average cost per unit over time.
Can I change or stop my SIP anytime?
Yes. SIPs in open-ended funds can be paused, increased, decreased or stopped without penalty, though exit loads and taxation may apply when you redeem units.
How is SIP income taxed in India?
Each instalment is a separate purchase. For equity funds, long-term gains (units held over 12 months) are taxed at 12.5% above the annual ₹1.25 lakh exemption; short-term gains at 20%. Debt fund gains are taxed at your slab rate. Rules change — confirm current rates before filing.
Does this calculator include expense ratio and exit load?
Fund NAVs are already net of the expense ratio, so if your assumed return reflects real fund performance, no adjustment is needed. Exit loads apply only on early redemption and are not modelled.
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Disclaimer: results are estimates based on the inputs and published rules/rates, for information only — not investment, tax or legal advice. Verify important decisions with a qualified professional. See our full disclaimer.