SIP Calculator — Estimate Your SIP Returns & Future Value

Estimated results

Estimated total value: ₹23,23,391; About 1.94× the amount invested, if returns average 12% a year.
Invested amount: ₹12,00,000
Estimated returns: ₹11,23,391

Invested₹12,00,00051.6%

Estimated returns₹11,23,39148.4%

Returns are not guaranteed. Market-linked investments can lose value. This projection assumes a constant return, which real markets do not deliver.

How your SIP could grow, year by year

Notice how the hatched “returns” portion grows faster in later years. That is compounding at work.

Amount investedEstimated returns

View year-by-year table

Estimated SIP value at the end of each year
Year	Invested	Est. returns	Est. value
1	₹1,20,000	₹8,093	₹1,28,093
2	₹2,40,000	₹32,432	₹2,72,432
3	₹3,60,000	₹75,076	₹4,35,076
4	₹4,80,000	₹1,38,348	₹6,18,348
5	₹6,00,000	₹2,24,864	₹8,24,864
6	₹7,20,000	₹3,37,570	₹10,57,570
7	₹8,40,000	₹4,79,790	₹13,19,790
8	₹9,60,000	₹6,55,266	₹16,15,266
9	₹10,80,000	₹8,68,215	₹19,48,215
10	₹12,00,000	₹11,23,391	₹23,23,391

How the SIP future value is calculated

The calculator treats a SIP as a series of equal monthly investments, each made at the start of the month and compounding monthly at your expected annual return ÷ 12. That is the convention most Indian mutual-fund SIP calculators use:

FV = P × [(1 + i)ⁿ − 1] ÷ i × (1 + i)

P is your monthly investment.
i is the monthly rate of return: expected annual return ÷ 12 ÷ 100.
n is the number of monthly instalments.

Estimated returns are the future value minus everything you put in. They are what compounding has added on top of your own money.

Example: ₹10,000 a month for 10 years at 12%

Monthly rate i = 12 ÷ 12 ÷ 100 = 0.01; instalments n = 120
(1.01¹²⁰ − 1) ÷ 0.01 ≈ 230.04
FV ≈ 10,000 × 230.04 × 1.01 ≈ ₹23,23,391

You invest ₹12,00,000 in total, and the estimated returns are about ₹11,23,391, nearly as much as you put in.

Why time matters more than you might expect

Compounding means returns themselves earn returns, so growth accelerates in later years. Using the same ₹10,000 a month at an assumed 12%:

Estimated SIP value by duration at 12%
Duration	Invested	Estimated value
5 years	₹6,00,000	₹8,24,864
10 years	₹12,00,000	₹23,23,391
20 years	₹24,00,000	₹99,91,479

Doubling the period from 10 to 20 years doubles what you invest but more than quadruples the estimated value. The assumed return matters too. At 10% instead of 12%, the 20-year figure falls to about ₹76.6 lakh. That gap is why it is worth testing several return assumptions.

What affects your SIP outcome

Monthly amount

The future value scales directly with the instalment. Twice the SIP gives twice the estimated corpus.

Duration

The longer money stays invested, the more compounding works in your favour. Starting earlier often matters more than investing more later.

Rate of return

Real returns fluctuate. Equity funds can fall sharply in some years. A smooth assumed rate is useful for planning but hides that volatility, and the order of good and bad years affects your actual result.

Costs, taxes and inflation

Results here are before tax on gains. Inflation also reduces what the final amount can buy. ₹1 crore in 20 years will buy much less than ₹1 crore today.

Practical tips

Plan with a cautious return assumption and treat anything higher as a bonus.
Increase your SIP as your income grows. Even a modest annual step-up can make a large difference over long periods.
Match the fund to the goal's timeline. Money needed within a few years is generally not suited to volatile equity funds.
Stay consistent. Stopping SIPs during market falls means missing purchases at lower prices.

Planning a home purchase as well? See how investing compares with borrowing costs using the EMI Calculator.

Frequently asked questions

What is a SIP?

A Systematic Investment Plan (SIP) is a way of investing a fixed amount at regular intervals, usually monthly, into a mutual fund. Each instalment buys units at that day's price, so you invest steadily regardless of whether markets are up or down.

Are SIP returns guaranteed?

No. SIPs in equity or hybrid mutual funds are market-linked. Returns vary every year and can be negative over short periods. This calculator assumes a constant return to illustrate compounding; real portfolios will not grow in a straight line.

What expected return should I use?

Use a conservative, long-term assumption for the type of fund you plan to invest in, and test a range rather than a single number. Comparing 8%, 10% and 12% shows how sensitive the outcome is. Past returns do not indicate future returns.

Why does my fund statement show a different return?

Statements usually report XIRR, an annualised return that accounts for the exact date and amount of every instalment and the fund's actual day-to-day performance. This calculator projects a smooth, assumed return, so the two will rarely match exactly.

Does this calculator include tax or fund expenses?

No. The result is before capital-gains tax, exit loads and other charges. Fund expense ratios are already reflected in a fund's NAV, so use a return assumption that is net of those costs.

Is it better to invest a lump sum or through a SIP?

It depends on whether you already have the money and how comfortable you are with timing risk. A SIP suits investing from monthly income and spreads purchases across market levels. A lump sum is fully invested sooner. Neither is guaranteed to perform better.