SIP Calculator
See what a monthly SIP could grow to over time. Add a yearly step-up to model investing more as your income grows.
How the SIP calculator works
A SIP (systematic investment plan) invests a fixed amount in a mutual fund every month. Each instalment earns returns that are added back to the pot, so growth compounds over time.
The calculator assumes your money is invested at the start of every month and grows at a steady monthly rate (the yearly rate divided by 12). Without a step-up, the result matches the standard formula:
Future value = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i)
- P is the monthly investment.
- i is the monthly rate of return.
- n is the number of months.
Example
Investing ₹5,000 a month for 10 years at an assumed 12% a year puts in ₹6,00,000 and grows to roughly ₹11,61,695. Most of the gain comes in the later years, which is why staying invested for longer matters more than the exact return figure.
What is a step-up SIP?
A step-up SIP raises your monthly amount by a fixed percentage every year, for example 10%. If your income grows, a step-up can build a much larger corpus than a flat SIP, without you having to start big.
Mutual fund returns are not guaranteed and change with the market. The return rate here is an assumption, not a forecast. Taxes, expense ratios and exit loads are not included.
Frequently asked questions
What return rate should I enter?
Use a conservative figure. Equity funds have historically varied a lot from year to year, so many people test 8%, 10% and 12% to see a range instead of one number.
Will my actual returns match this?
Unlikely to match exactly. Real SIP returns depend on the NAV on each investment date and on fund charges, and they can be negative in some periods. Treat the result as a planning estimate.
How is the step-up applied?
Your monthly amount stays the same for the first 12 months, then rises by the step-up percentage at the start of each following year.