SIP Calculator

1. 1Enter the amount you will invest each month.
2. 2Enter the annual return you expect and the number of years.
3. 3Optionally enter a yearly step-up, such as 10% if you will raise the SIP each year.
4. 4Read the estimated value, the amount invested, the gains and the year-by-year table.

The calculator uses the convention most fund houses' SIP calculators use: the monthly rate is the annual rate ÷ 12, and each instalment is invested at the start of its month and grows until the end of the period. For a level SIP that gives the closed formula FV = P × ((1 + i)ⁿ − 1) ÷ i × (1 + i).

With a step-up, the monthly amount rises by the chosen percentage at the start of each new year, so a 10% step-up turns 5,000 a month into 5,500 in year two and 6,050 in year three.

Gains are the estimated value minus everything invested. They are before any tax, exit load or fund expenses not already reflected in the return you entered.

Real market returns vary from year to year and can be negative. A steady assumed rate shows the effect of time and compounding; it is not a prediction of what a fund will return.

₹5,000 a month for 10 years at an expected 12% a year

1. i = 12 ÷ 12 ÷ 100 = 0.01, n = 120
2. FV = 5,000 × (1.01¹²⁰ − 1) ÷ 0.01 × 1.01 ≈ 11,61,695
3. Invested = 5,000 × 120 = 6,00,000

Result: About ₹11.62 lakh, of which about ₹5.62 lakh is estimated gains.

• Compare a few return rates rather than relying on one optimistic figure.
• Starting earlier usually matters more than investing a little more later — try both in the calculator.
• Use the step-up to model raising your SIP with your salary.
• Check what the fund's own factsheet says about charges and risk before investing.