SIP Calculator
Calculate the future value of monthly SIP investments, with an annual step-up option. See how much your mutual fund SIP can grow.
Increase the monthly amount by this % every year.
Maturity value
₹23,00,387
Amount invested
₹12,00,000
Wealth gained
₹11,00,387
Growth
191.7%
Over 120 months
Assumes returns are compounded monthly. SIP returns are not guaranteed — actual returns depend on market performance.
How it works
FV = P × ((1+i)ⁿ − 1) ÷ i × (1+i), with annual step-up applied to the monthly contribution.
Example: ₹10,000/month at 12% for 10 years → ₹23.2 lakh (invested ₹12L).
Last updated: September 2026
How this calculator is verified
Checked by Rahim Virani on
- Future value verified against a standard annuity-due series
- Step-up applied at the requested annual increment and compounding frequency
- Goal-shortfall case returns the additional monthly contribution required
The full verification method is on our how we verify page. Found an error? Tell us and we will re-check it.
When to Use This Calculator
Systematic Investment Plans are India's most popular route into equity mutual funds — a fixed monthly amount invested regardless of market levels — and this calculator projects what the habit is worth. A ₹10,000 monthly SIP at a 12% assumed return for 10 years builds roughly ₹23.2 lakh from ₹12 lakh of contributions, and the step-up option shows how increasing the SIP by 10% a year multiplies the final corpus. Use it when choosing the monthly amount for a goal like a child's education or retirement, when comparing a flat SIP against a step-up, and when checking whether an existing plan is on track. Returns are assumptions, so the output is a planning estimate, not a promise; re-run the numbers whenever your income changes.
How to Use This Calculator
- Step 1: Enter the monthly amount you plan to invest in the mutual fund SIP.
- Step 2: Enter the expected annual return, such as 12 for an equity fund, and the investment period in years.
- Step 3: Turn on the step-up option if you plan to raise the SIP every year, and enter the yearly increase percentage.
- Step 4: Read the future value, the total amount invested and the estimated wealth gain, and compare a step-up with a flat SIP.
Worked Example
A professional in Hyderabad starts a monthly SIP of ₹10,000 in an equity mutual fund expecting 12% annual returns, with monthly compounding, for 10 years. Enter 10000 as the monthly amount, 12 as the expected annual return and 10 as the years. The future value is about ₹23,00,387 against total contributions of ₹12,00,000, so the estimated wealth gain is about ₹11,00,387. Turning on the step-up option, such as increasing the SIP by 10% every year, raises the final corpus further.
Tips and Common Mistakes
- •Tip 1: The future value assumes the return you enter is earned every year; equity returns fluctuate, so treat the output as an estimate, not a promise.
- •Tip 2: A step-up of 10% yearly makes the later contributions grow into a much larger corpus, at the cost of higher outflows later.
- •Tip 3: Returns are assumed to be reinvested through monthly compounding, which is how SIPs accumulate units in a mutual fund.
- ✗Mistake 1: Entering the rate as a decimal such as 0.12 when the field expects a whole number like 12 — the tool takes the annual return you enter and converts it to a monthly rate itself.
- ✗Mistake 2: Treating the future value as guaranteed; mutual fund returns depend on markets and past performance is not a forecast.
SIP vs Lump Sum vs Fixed Deposit
| Item | Value |
|---|---|
| SIP of ₹10,000 for 15 years at 12% | About ₹49,95,000 invested, corpus near ₹50,00,000 |
| Lump sum ₹17,50,000 today at 12% for 15 years | About ₹75,60,000, because every rupee compounds longer |
| Key trade-off | SIP spreads entry timing and removes timing risk; lump sum suits idle cash you already hold |
| Lock-in | SIP units stay invested; you can stop contributions without exiting the market |
What this figure assumes
Assumes a constant 12% annualised return, which is not guaranteed and will vary with market conditions. This is a projection, not a promise. Actual returns depend on the scheme, the market cycle, and expense ratio, and an SIP can end below the invested amount in a severe downturn.
Rates and rules checked as of August 2026. These change with government notification — confirm against the linked source before you rely on the result.
Sources and References
- •SEBI guidance on mutual fund SIP structure and NAV-based pricing
- •AMFI - monthly SIP plan terms, expense ratios and NAV history
Official sources are linked so you can confirm the current rate yourself. Check the linked page for the latest notification before relying on these figures.
Frequently Asked Questions
How is SIP future value calculated?
Each monthly contribution grows at the monthly return rate until maturity, and the results are summed. The formula is FV = P × ((1+i)ⁿ − 1) ÷ i, where i is the monthly rate and n the number of months.
What is a good SIP return assumption?
Large-cap equity funds have historically returned 10–14% over 10+ years, but returns are not guaranteed. Use 12% as a planning figure and test sensitivity with 10% and 14%.
What does an annual step-up do?
It increases your monthly contribution by a fixed percentage every year — for example 10% yearly to match salary growth. Step-ups meaningfully boost the final corpus.
Can I stop or withdraw my SIP anytime?
Yes — SIPs have no lock-in. You can pause or stop them anytime and redeem units at the prevailing NAV; equity funds may charge an exit load within the first year.
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