SIP calculator
A SIP of Rs 10,000 a month for 15 years at an assumed 12% a year could grow to Rs 50,45,760 on Rs 18,00,000 invested. The return is an assumption, not a forecast.
Results update as you type. Nothing you enter is stored.
Value Amount invested
Invested Rs 18,00,000Value after 15 years Rs 50,45,760
| Year | Invested | Value |
|---|---|---|
| 1 | Rs 1,20,000 | Rs 1,28,093 |
| 2 | Rs 2,40,000 | Rs 2,72,432 |
| 3 | Rs 3,60,000 | Rs 4,35,076 |
| 4 | Rs 4,80,000 | Rs 6,18,348 |
| 5 | Rs 6,00,000 | Rs 8,24,864 |
| 6 | Rs 7,20,000 | Rs 10,57,570 |
| 7 | Rs 8,40,000 | Rs 13,19,790 |
| 8 | Rs 9,60,000 | Rs 16,15,266 |
| 9 | Rs 10,80,000 | Rs 19,48,215 |
| 10 | Rs 12,00,000 | Rs 23,23,391 |
| 11 | Rs 13,20,000 | Rs 27,46,148 |
| 12 | Rs 14,40,000 | Rs 32,22,522 |
| 13 | Rs 15,60,000 | Rs 37,59,311 |
| 14 | Rs 16,80,000 | Rs 43,64,180 |
| 15 | Rs 18,00,000 | Rs 50,45,760 |
Assumed return 12 percent a year, compounded monthly, not a forecast.
How it works
Each instalment is invested at the start of the month and compounds monthly at one twelfth of the annual rate, the convention used by most SIP calculators. The chart shows how the gap between value and amount invested widens with time.
Market-linked funds do not earn a steady return; months of losses are normal. Use the output to compare scenarios, not as an expected result.
Formula
FV = P x [((1 + i)^n - 1) / i] x (1 + i), with i = annual rate / 12 and n = months
Frequently asked questions
How does a SIP calculator work?
It treats each monthly instalment as a deposit that compounds at the assumed rate until the end of the period, then adds them up.
Is the SIP return guaranteed?
No. The rate is your assumption. Actual returns of market-linked funds vary and can be negative.
Should I use 12% as the return?
Any single rate is a guess. Try several rates, for example 8, 10 and 12 percent, to see a range.
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.