Calculators · ~2 min

SIP calculator

“What will my monthly SIP grow to?”

Estimate the future value of a monthly investment at an expected annual return, and how much of it is gains.

tool
no. 21

Monthly investment

₹

Expected return % per year

Returns are not guaranteedYears

estimated value

Total invested

₹12,00,000

Estimated gains

₹11,23,391

Estimated value

₹23,23,391

Illustration only. Market-linked returns vary year to year and can be negative. This is not investment advice.

SIP calculator: what your monthly investment could grow to

A Systematic Investment Plan (SIP) invests a fixed amount every month, usually in a mutual fund. Investing regularly builds discipline and averages out the price you pay over time.

Returns compound — gains earn further gains — so time in the market matters a great deal. This calculator assumes a steady annual return for illustration; real market returns go up and down.

the formula

Future value = P × [((1 + r)ⁿ − 1) ÷ r] × (1 + r)

· P = monthly investment; r = expected monthly return (annual ÷ 12 ÷ 100); n = number of months.
· This assumes each instalment is invested at the start of the month.

Worked example

₹10,000 a month for 10 years at an assumed 12% a year.
Total invested: ₹12,00,000.
Estimated value: about ₹23,23,000 — gains of about ₹11,23,000.
The same SIP for 20 years would grow to far more than double, because of compounding.

Tips

1Start early — the extra years of compounding matter more than the amount.

2Increase your SIP when your income rises (a ‘step-up’).

3Use conservative return assumptions when planning goals.

4Read scheme documents and consider speaking to a registered adviser.

Frequently asked questions

How is SIP return calculated?

It uses the future value of a series of monthly investments: P × [((1 + r)ⁿ − 1) ÷ r] × (1 + r), where r is the monthly return and n the number of months.

Are SIP returns guaranteed?

No. Mutual fund returns depend on market performance and can be negative. Calculators show illustrations only.

What is a good return to assume?

There is no guaranteed figure. Many planners use conservative assumptions and review regularly against actual performance.

Can I stop or change a SIP?

Most SIPs can be paused, changed or stopped, subject to the fund's terms.