SIP Calculator
Find out how much a monthly SIP could grow to. Enter how much you invest each month, the return you expect and for how long.
More options: step-up and inflation
Investing ₹10,000 a month for 15 years at 12% a year could grow to ₹50.46 lakh. Returns are not guaranteed: real fund returns go up and down.
Tax estimate assumes an equity fund, units held over 12 months and all sold in one financial year: 12.5% on gains above ₹1.25 lakh, plus 4% cess. Surcharge is not included.
Year-by-year breakdown
| Year | Monthly SIP | Total invested | Value |
|---|---|---|---|
| 1 | ₹10,000 | ₹1,20,000 | ₹1,28,093 |
| 2 | ₹10,000 | ₹2,40,000 | ₹2,72,432 |
| 3 | ₹10,000 | ₹3,60,000 | ₹4,35,076 |
| 4 | ₹10,000 | ₹4,80,000 | ₹6,18,348 |
| 5 | ₹10,000 | ₹6,00,000 | ₹8,24,864 |
| 6 | ₹10,000 | ₹7,20,000 | ₹10,57,570 |
| 7 | ₹10,000 | ₹8,40,000 | ₹13,19,790 |
| 8 | ₹10,000 | ₹9,60,000 | ₹16,15,266 |
| 9 | ₹10,000 | ₹10,80,000 | ₹19,48,215 |
| 10 | ₹10,000 | ₹12,00,000 | ₹23,23,391 |
| 11 | ₹10,000 | ₹13,20,000 | ₹27,46,148 |
| 12 | ₹10,000 | ₹14,40,000 | ₹32,22,522 |
| 13 | ₹10,000 | ₹15,60,000 | ₹37,59,311 |
| 14 | ₹10,000 | ₹16,80,000 | ₹43,64,180 |
| 15 | ₹10,000 | ₹18,00,000 | ₹50,45,760 |
What is a SIP calculator?
A SIP (Systematic Investment Plan) is a way of investing a fixed amount in a mutual fund every month. A SIP calculator estimates what those monthly investments could be worth after a number of years, and splits the result into the amount you put in and the returns on it. Because you invest the same amount every month, you buy more units when prices are low and fewer when they are high, which smooths out the price you pay over time.
How SIP returns are calculated
The calculator uses the standard formula for regular investments made at the start of each month:
FV = P × ((1 + r)n − 1) ÷ r × (1 + r)
- FV = estimated value at the end
- P = monthly investment
- r = monthly return (annual return ÷ 12 ÷ 100)
- n = number of monthly instalments
Worked example
₹10,000 a month for 15 years at 12% a year:
- r = 12 ÷ 12 ÷ 100 = 0.01, and n = 15 × 12 = 180
- FV = 10,000 × ((1.01)180 − 1) ÷ 0.01 × 1.01 = ₹50,45,760
- Total invested = ₹10,000 × 180 = ₹18,00,000
- Estimated returns = ₹50,45,760 − ₹18,00,000 = ₹32,45,760
What your result means
- It is an estimate, not a promise. The calculator assumes the same return every month. Real funds rise and fall, and the order of good and bad years changes the outcome.
- Time matters most. In the example above, more than half of the final value comes from returns, and most of that builds up in the later years. The year-by-year table in the calculator shows this.
- Inflation reduces what the money will buy. At 6% inflation, ₹50.46 lakh in 15 years would buy about what ₹21 lakh buys today. Turn on inflation under “More options” to see this for your numbers.
- Costs are not included. Fund expense ratios are already reflected in a fund’s returns, but exit loads and taxes are not part of the main result.
Step-up SIP
If you raise your SIP every year, for example when your salary goes up, the final value can be much higher. ₹10,000 a month raised by 10% a year for 15 years at 12% could grow to about ₹86.8 lakh (you would invest ₹38.1 lakh), against ₹50.5 lakh for a fixed ₹10,000 SIP. Set the annual step-up under “More options” to compare.
Tax on SIP gains
Each SIP instalment is a separate purchase, and when you sell, the oldest units go first. For equity funds, gains on units held for more than 12 months are taxed at 12.5% on gains above ₹1.25 lakh in a financial year, and gains on units held for 12 months or less at 20%, plus 4% cess. Gains from debt funds bought on or after 1 April 2023 are taxed at your income-tax slab rate. The calculator’s tax estimate assumes an equity fund held for over a year and sold in one go. For other cases, use the Capital Gains Tax Calculator.
When to use a different calculator
- Investing a one-time amount? Use the Lumpsum Calculator.
- Need to know how much to invest each month to reach a target? Try the Crorepati Calculator.
- Want the actual return on SIPs you already have? Use the XIRR Calculator.
- Planning a regular monthly income from your savings? See the SWP Calculator.
- Comparing SIP with FD and PPF? Read SIP vs FD vs PPF.
