SIP calculator
Estimate the future value of a monthly SIP.
Your inputs
What do you want to find?
Advanced settings
How the yearly return is applied
Most apps divide the yearly return by 12, which shows about 3.5% more over 10 years. We use the effective rate by default, so 12% means 12% a year.
Payment timing
Adjusts for inflation so you can see real purchasing power.
Capital-gains tax if you redeem everything at the end (tax year 2026-27 rules).
Results
Generated on 11 Oct 2026
Your inputs
| What do you want to find? | Future value |
|---|---|
| Monthly SIP | ₹5,000 |
| Expected return (per year) | 12% |
| Time period | 10 years |
| How the yearly return is applied | Effective (12% = 12% a year) |
| Payment timing | Start of month |
| Inflation (per year) | 6% |
| Show values in today's money | ✓ |
| Show value after tax | — |
Total value
₹11,20,179
- Amount invested
- ₹6,00,000
- Estimated gains
- ₹5,20,179
- Value in today's money
- ₹6,25,502
- After 6% yearly inflation
- Amount invested₹6,00,000(54%)
- Estimated gains₹5,20,179(46%)
See how a different amount, return or period changes the result, side by side.
Year-by-year breakdown
| Year | Invested in year | Total invested | Growth in year | Value at year end | In today's money |
|---|---|---|---|---|---|
| 1 | ₹60,000 | ₹60,000 | ₹3,832 | ₹63,832 | ₹60,219 |
| 2 | ₹60,000 | ₹1,20,000 | ₹11,492 | ₹1,35,325 | ₹1,20,439 |
| 3 | ₹60,000 | ₹1,80,000 | ₹20,071 | ₹2,15,396 | ₹1,80,851 |
| 4 | ₹60,000 | ₹2,40,000 | ₹29,680 | ₹3,05,076 | ₹2,41,649 |
| 5 | ₹60,000 | ₹3,00,000 | ₹40,442 | ₹4,05,518 | ₹3,03,027 |
| 6 | ₹60,000 | ₹3,60,000 | ₹52,495 | ₹5,18,013 | ₹3,65,179 |
| 7 | ₹60,000 | ₹4,20,000 | ₹65,994 | ₹6,44,007 | ₹4,28,301 |
| 8 | ₹60,000 | ₹4,80,000 | ₹81,113 | ₹7,85,120 | ₹4,92,594 |
| 9 | ₹60,000 | ₹5,40,000 | ₹98,047 | ₹9,43,167 | ₹5,58,259 |
| 10 | ₹60,000 | ₹6,00,000 | ₹1,17,013 | ₹11,20,179 | ₹6,25,502 |
Assumptions and method
Formula
- FV = P · ((1 + i)^n − 1) / i · (1 + i) (payment at start of month)
- FV = P · ((1 + i)^n − 1) / i (payment at end of month)
Conventions used
- Monthly rate: i = (1 + r)^(1/12) − 1 (Effective (12% = 12% a year))
- Money moves at the start of each month, so an instalment earns that month's return.
Modelling notes
- Real values deflate by (1 + 0.06)^(months/12).
Not included
- Market ups and downs: the same return is assumed every month.
- Expense ratio, exit load and stamp duty, unless your expected return already allows for them.
- Income tax on gains (turn on the post-tax option to estimate it).
This is an illustration based on the return you entered. Actual returns vary and may be lower or negative.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
How it works
A Systematic Investment Plan (SIP) invests a fixed amount in a mutual fund every month. Each instalment buys units at that month’s price, so you invest steadily through ups and downs instead of trying to time the market.
This calculator projects the value of your SIP at a constant expected return. Each instalment grows for the months it stays invested; the chart shows how much of the final value is your own money and how much is growth. Turn on Show values in today’s money to see what the corpus is worth after inflation.
Use the Solve for tabs to work backwards: the monthly SIP needed for a target, the time it will take, or the return you would need.
Frequently asked questions
Why is your SIP value lower than Groww or ET Money?
Most apps convert a yearly return to a monthly one by dividing by 12 (r/12), which quietly compounds to more than the rate you typed: 12% becomes 12.68% a year. We use the effective monthly rate (1 + r)^(1/12) − 1 by default, so 12% means exactly 12% a year. Over 10 years the difference is about 3.5%. You can switch to the r/12 convention under Advanced settings to match other apps.
What return should I assume?
Use a figure you would be comfortable with if markets disappoint. For diversified equity funds over 10+ years, 10–12% a year is a common planning assumption; debt funds 6–7%. Returns are not fixed, can be negative over short periods, and past performance may or may not be sustained in future.
Does the SIP date in the month matter?
Over long periods it makes very little difference. The calculator assumes the instalment is invested at the start of each month; you can switch to end of month under Advanced settings.
Is the projected value after tax?
No, unless you turn on “Show post-tax value”. Then each instalment is treated as a separate lot and taxed on full redemption at the end under the 2026-27 capital-gains rules (equity LTCG 12.5% above ₹1.25 lakh a year).