Free calculator

SIP calculator

See how a monthly SIP, a SIP that grows every year, or a one-time investment could grow over time.

Rates as of 11 November 2026

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The monthly amount goes up by this much every year

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years

Estimated value

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  • Amount invested-
  • Estimated returns-
  • Total value-

Growth over time

Amount investedEstimated value

Year by year

Estimate only. Results are for planning and learning. They are not tax, legal or financial advice. Rules have conditions this page can not check. Please confirm with a chartered accountant, your bank or the official website before you decide. Rates as of 11 November 2026.

How SIP returns are worked out

A SIP (systematic investment plan) puts a fixed amount into a mutual fund every month. Each payment grows for the months left until the end. This calculator assumes you invest at the start of each month and that the fund grows at a steady yearly rate.

Value = P × ((1 + i)n − 1) ÷ i × (1 + i)

P is the monthly amount, n the number of months, and i the monthly growth. We take "12% a year" to mean exactly 12% a year, so i is about 0.949% a month (1.121/12 − 1). Groww's SIP calculator works the same way. Some calculators use 12 ÷ 12 = 1% a month instead, which shows about 3 to 4% more after 10 years.

A step-up SIP raises the monthly amount every year, for example by 10% when your salary goes up. A lump sum is a one-time investment that grows once a year at the expected rate.

Mutual fund investments are subject to market risks. Real returns go up and down and are never guaranteed. Past returns do not promise future returns.

Questions

What return should I expect?

Nobody knows. Many people plan with 10 to 12% a year for equity funds over long periods and 6 to 7% for debt funds, but actual returns can be much lower or higher, and can be negative in some years.

Does this include tax or fund charges?

No. Returns from mutual funds are taxed as capital gains when you sell, and funds charge an expense ratio. Use a return after charges, and remember tax on redemption.

Why does another calculator show a higher figure?

It may divide the yearly rate by 12 to get a monthly rate, which compounds to more than the stated yearly rate. Both methods are common.

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