SIP Calculator

Future value of a Systematic Investment Plan (monthly mutual fund investment).

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About this calculator

A SIP invests a fixed amount into a mutual fund every month. Because each instalment buys units at different market levels, returns compound on every past instalment.

This calculator uses the standard annuity-due approximation with monthly compounding. Actual mutual fund returns vary because markets fluctuate — treat the output as an estimate, not a guarantee.

Formula

FV = P × ((1+i)^n − 1) × (1+i) / i, where P = monthly instalment, i = expected monthly return (annual ÷ 12 ÷ 100), n = months.

How to use the SIP Calculator

  1. Enter the amount you will invest each month.
  2. Enter an expected annual return. Equity funds have historically delivered ~11–13% over long periods, but past performance never guarantees future results.
  3. Set the duration in years to see the projected maturity value.

Frequently Asked Questions

Is SIP return guaranteed?

No. SIPs invest in market-linked funds; returns depend on fund performance. This calculator projects a constant assumed rate for planning purposes only.

What is step-up SIP?

A step-up (top-up) SIP increases your instalment every year, typically by 5–10%, which can significantly raise the final corpus. This basic calculator assumes a constant instalment.