Free Tool

SIP Calculator

Project the future value of your monthly SIP — with an optional yearly step-up — and see your total invested amount, wealth gained and maturity value instantly.

Please enter a valid monthly amount, return rate and duration.
Total Invested
Wealth Gained
Maturity Value

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What Is a SIP?

A Systematic Investment Plan (SIP) lets you invest a fixed amount into a mutual fund at regular intervals — usually monthly — instead of putting in a lump sum. Each instalment buys units at that day's price, which averages your purchase cost over time and removes the pressure of trying to time the market.

SIPs are popular in India for long-term goals like retirement, a child's education, or building wealth steadily out of monthly income, precisely because they turn investing into a habit rather than a decision you have to keep making.

How SIP Returns Are Calculated

The standard formula for the future value of a SIP, assuming the same monthly amount and constant returns, is:

FV = P × [((1+r)n − 1) / r] × (1+r)

Where P is your monthly investment, r is the monthly rate of return (annual rate ÷ 12), and n is the total number of months. This calculator uses the same maths, and also supports a yearly step-up where your monthly amount increases each year.

Worked Example

₹10,000 invested monthly for 15 years at a 12% expected annual return, with no step-up:

  • Total Invested = 10,000 × 12 × 15 = ₹18,00,000
  • Maturity Value ≈ ₹50,45,760
  • Wealth Gained ≈ ₹32,45,760

Run your own numbers in the calculator above — small changes to the return assumption or duration compound into large differences in the final corpus.

What Is Step-Up SIP and Why It Matters

A step-up SIP increases your monthly instalment by a fixed percentage every year — commonly in line with an expected salary increment. Because more money goes in during the later, larger years while still benefiting from years of compounding, a step-up SIP can meaningfully outgrow a flat SIP of the same starting amount over a long horizon.

SIP vs Lump Sum Investing

Neither approach is universally better. A SIP suits investors with regular monthly income who want to spread out their purchase price and avoid trying to time entry points. A lump sum can outperform if invested right before a sustained market rally, but it carries more timing risk since the entire amount is exposed to the market from day one.

How Long Should You Stay Invested in a SIP?

SIPs are built for long-term goals. Many investors target a minimum of 7 to 10 years for equity mutual funds specifically to smooth out short-term market swings and let compounding do the heavy lifting — the formula above shows why the last few years of a SIP typically contribute the largest share of the final corpus.

Common SIP Mistakes to Avoid

  • Stopping SIPs during a market downturn — this is often exactly when unit prices are lower and future returns can be strongest.
  • Assuming an unrealistically high return rate, which overstates the projected corpus and can lead to under-saving.
  • Ignoring step-up entirely, even when income is expected to rise — leaving meaningful long-term growth on the table.
  • Forgetting that this and every SIP calculator show projections based on an assumed rate, not guaranteed outcomes.

Frequently Asked Questions

What is SIP and how does it work?

A Systematic Investment Plan (SIP) lets you invest a fixed amount into a mutual fund at regular intervals, usually monthly, instead of investing a lump sum. Each instalment buys units at the prevailing price, which averages your purchase cost over time.

Is SIP better than a lump sum investment?

Neither is universally better — it depends on markets and cash flow. SIP suits investors with regular monthly income who want to average their purchase price. A lump sum can outperform when invested right before a sustained rally, but carries more timing risk.

What return rate should I assume in a SIP calculator?

This is an assumption you choose, not a guarantee. Actual returns vary by fund, market conditions and time period, and can be lower or negative in some years — use a conservative assumption for planning.

What is step-up SIP?

A step-up SIP increases your monthly investment amount by a fixed percentage every year, typically in line with rising income. It can meaningfully increase the final corpus compared to a flat SIP of the same starting amount.

Can I stop or pause my SIP anytime?

Most mutual fund SIPs can be paused or stopped through your fund house or broker without penalty, though units already accumulated stay invested unless redeemed. Check your specific fund's terms for any lock-in, such as ELSS schemes.

Does SIP guarantee returns?

No. SIP is a way of investing regularly into market-linked instruments like mutual funds — it does not guarantee a return or protect against loss.

What is the ideal SIP duration?

SIPs are generally designed for long-term goals — many investors target 10 years or more for equity mutual funds to smooth out short-term volatility, though the right duration depends on your specific financial goal.

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