SIP calculator
A systematic investment plan (SIP) invests a fixed amount in a mutual fund every month. Enter the amount, an expected return and the period to estimate what it could grow to.
Year-by-year growth
| Year | Invested | Value |
|---|---|---|
| 1 | ₹1,20,000 (1.20 lakh) | ₹1,28,093 (1.28 lakh) |
| 2 | ₹2,40,000 (2.40 lakh) | ₹2,72,432 (2.72 lakh) |
| 3 | ₹3,60,000 (3.60 lakh) | ₹4,35,076 (4.35 lakh) |
| 4 | ₹4,80,000 (4.80 lakh) | ₹6,18,348 (6.18 lakh) |
| 5 | ₹6,00,000 (6.00 lakh) | ₹8,24,864 (8.25 lakh) |
| 6 | ₹7,20,000 (7.20 lakh) | ₹10,57,570 (10.58 lakh) |
| 7 | ₹8,40,000 (8.40 lakh) | ₹13,19,790 (13.20 lakh) |
| 8 | ₹9,60,000 (9.60 lakh) | ₹16,15,266 (16.15 lakh) |
| 9 | ₹10,80,000 (10.80 lakh) | ₹19,48,215 (19.48 lakh) |
| 10 | ₹12,00,000 (12.00 lakh) | ₹23,23,391 (23.23 lakh) |
Worked example
₹10,000 a month for 10 years at 12% a year grows to about ₹23.2 lakh from ₹12 lakh invested. With a 10% yearly step-up, the same SIP grows to about ₹33.7 lakh from ₹19.1 lakh invested.
Mutual fund investments are subject to market risks. This calculator shows an illustration, not a forecast, and is not investment advice.
Questions people ask
How is SIP value calculated?
Each monthly instalment grows at one twelfth of the expected yearly return until the end of the period. This calculator assumes you invest at the start of each month, the method most fund houses use in their own calculators.
What return should I assume?
Mutual fund returns are not fixed and can be negative in some years. Long-run equity funds have often returned more than fixed deposits, but past returns do not guarantee future ones. Try a cautious and an optimistic figure.
What is a step-up SIP?
You raise the SIP amount every year, often in line with your pay rise. Even a 10% yearly step-up makes a large difference over 15 to 20 years.
How are SIP gains taxed?
Each instalment is a separate purchase. Gains are taxed as capital gains when you redeem, at rates that depend on the fund type and how long each instalment was held.
A tax professional can call you back. Asking is free.
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Results are estimates for information only, not financial or tax advice. Rates, rules and limits change, so check with your bank, employer or a qualified adviser before you decide.