SIP calculator

A SIP (systematic investment plan) puts a fixed amount into a mutual fund every month. Each instalment buys units at that month's price and then grows with the fund.

What a fixed monthly investment grows to over the years at a steady return

Your figures
₹
₹500₹5,00,000
%
1%30%
years
1 year40 years
Value at the end₹23 L
Invested
₹12,00,000
Gains
₹11,23,391
Value at the end
₹23,23,391

Value at each year end

  • Invested
  • Gains

What if

₹5,000 more a month

₹34,85,086

₹11,61,695 higher

5 more years

₹50,45,760

₹27,22,369 higher

A return 2% lower

₹20,65,520

₹2,57,871 lower

How it is worked out

Each instalment is paid at the start of its month and earns that month's return, a twelfth of the yearly rate, compounded monthly. This is how fund houses' own SIP calculators work it out.

Future value = instalment × ((1 + i)ⁿ − 1) ÷ i × (1 + i)

where i is the monthly rate and n the number of months.

A fund's return is never steady: the figure shows what a steady rate would give, not what any fund will earn.