FD vs SIP calculator
Rs 10,000 a month for 10 years: about Rs 17,37,017 in a deposit at 7%, or Rs 21,89,873 in a SIP at an assumed 11%. The SIP figure is not guaranteed.
Results update as you type. Nothing you enter is stored.
How it works
The deposit side treats each month's amount as a recurring deposit compounded quarterly at the rate you enter. The SIP side compounds monthly at the return you assume. The comparison is about risk as much as return: the deposit rate is fixed, the SIP outcome is not.
Formula
Deposit: sum of R x (1 + r/4)^(months left / 3); SIP: P x [((1 + i)^n - 1) / i] x (1 + i)
Frequently asked questions
Is a SIP better than an FD?
They carry different risks. A deposit has a fixed rate; a SIP in an equity fund can earn more or less, including losses.
Why compare with a recurring deposit?
Because both put in the same amount every month, which makes the comparison fair.
Is tax included?
No. Deposit interest and fund gains are taxed differently; both figures are before tax.
Related
This tool is for information only and is not investment, tax or legal advice. Results depend on the inputs and assumptions you enter; check important figures with the official source or a qualified professional.