CalculatorHandy

Financial Calculators

SIP Calculator

Estimate what a monthly systematic investment plan (SIP) could grow to. Add an annual step-up if you plan to raise your SIP each year as your income grows.

$
% p.a.
years
%
Estimated maturity value₹50,45,760.00
Amount invested
₹18,00,000.00
Estimated returns
₹32,45,760.00
  • Invested 35.7%
  • Returns 64.3%
Step-by-step working
  1. Monthly rate i = 12 ÷ 12 ÷ 100 = 0.01
  2. n = 180 instalments
  3. FV = P × ((1 + i)ⁿ − 1) ÷ i × (1 + i)
  4. = ₹50,45,760.00

Mutual fund returns are not guaranteed and vary year to year. This uses a constant return for illustration, with each instalment invested at the start of the month.

Year-wise growth

YearMonthly SIPInvested to dateValue
Year 1₹10,000.00₹1,20,000.00₹1,28,093.28
Year 2₹10,000.00₹2,40,000.00₹2,72,432.00
Year 3₹10,000.00₹3,60,000.00₹4,35,076.47
Year 4₹10,000.00₹4,80,000.00₹6,18,348.34
Year 5₹10,000.00₹6,00,000.00₹8,24,863.67
Year 6₹10,000.00₹7,20,000.00₹10,57,570.31
Year 7₹10,000.00₹8,40,000.00₹13,19,789.97
Year 8₹10,000.00₹9,60,000.00₹16,15,265.65
Year 9₹10,000.00₹10,80,000.00₹19,48,215.05
Year 10₹10,000.00₹12,00,000.00₹23,23,390.76
Year 11₹10,000.00₹13,20,000.00₹27,46,148.15
Year 12₹10,000.00₹14,40,000.00₹32,22,521.75
Year 13₹10,000.00₹15,60,000.00₹37,59,311.45
Year 14₹10,000.00₹16,80,000.00₹43,64,179.52
Year 15₹10,000.00₹18,00,000.00₹50,45,760.00

How to use the SIP Calculator

  1. Enter the monthly SIP amount.
  2. Enter a realistic expected annual return.
  3. Enter the number of years and an optional yearly step-up.
  4. Press Calculate.

Formula

FV = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i)

P = monthly instalment, i = annual return ÷ 12 ÷ 100, n = number of months. The extra (1 + i) is because each SIP is invested at the start of the month.

Examples

  • ₹10,000 a month at 12% for 15 years: invested ₹18 lakh, estimated value ≈ ₹50.45 lakh.
  • With a 10% yearly step-up the same plan grows to about ₹86.8 lakh, from ₹38.1 lakh invested.

Frequently asked questions

What return should I assume?

Use a conservative figure. Long-run equity returns have varied widely; many planners test several rates such as 8%, 10% and 12%.

Is SIP better than a lump sum?

A SIP spreads purchases over time and suits regular income. A lump sum invested early can grow more if markets rise, but carries more timing risk.

Related calculators