SIP Calculator
Calculate the future value of monthly SIP investments, with annual step-up option.
Last updated: August 2026
Increase the monthly amount by this % every year.
Maturity value
₹23,23,391
Amount invested
₹12,00,000
Wealth gained
₹11,23,391
Growth
193.6%
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).
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 × (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.