SIP Calculator
Project SIP maturity value, invested amount and gains.
Invested amount
₹12,00,000
Estimated returns
₹11,23,391
Total value
₹23,23,391
Formula used: Maturity = P × ((1 + i)ⁿ − 1) ÷ i × (1 + i), where P is the monthly investment, i is the monthly rate of return (annual rate ÷ 12 ÷ 100) and n is the number of months.
Returns shown are illustrative projections based on the assumed rate of return and are not guaranteed. Actual mutual fund returns fluctuate with market performance.
How SIP maturity value is calculated
A Systematic Investment Plan (SIP) lets you invest a fixed amount into a mutual fund every month instead of all at once. Because each instalment compounds for a different length of time, the maturity value is calculated with the SIP future-value formula:
Maturity = P × ((1 + i)ⁿ − 1) ÷ i × (1 + i)
Here P is the fixed monthly investment, i is the expected monthly rate of return (annual return ÷ 12 ÷ 100) and n is the total number of months. If you'd rather invest a single amount up front instead of monthly, switch to lumpsum mode, which uses the standard compound interest formula Maturity = P × (1 + i)ⁿ.
How to use this SIP calculator
- 1Choose "Monthly SIP" for recurring investments, or "One-time lumpsum" for a single investment.
- 2Enter the investment amount.
- 3Set the expected annual rate of return based on the fund category (equity, hybrid or debt).
- 4Set the investment period in years and read the invested amount, estimated returns and total value instantly.
Worked example
Investing ₹10,000 every month for 10 years at an assumed 12% annual return (1% = 0.01 monthly rate) grows to a maturity value of about ₹23,23,391. You would have invested ₹12,00,000 out of your own pocket across those 120 months, so the estimated returns — the effect of compounding — come to roughly ₹11,23,391, nearly equal to the amount invested.
Frequently asked questions
›Is the SIP return shown by this calculator guaranteed?
No. Mutual fund returns depend on market performance and are never guaranteed. The percentage you enter is only an assumption for projecting a possible outcome — actual returns can be higher or lower, including negative in poor market periods.
›Why does a SIP grow faster in later years even with the same monthly amount?
Each instalment compounds for a different length of time — money invested in month one grows for the entire tenure, while money invested in the last month barely compounds at all. As the total corpus grows, the returns generated on that larger base accelerate, which is why SIP growth curves get steeper over time.
›What's the difference between SIP and lumpsum investing?
SIP spreads your investment across regular monthly instalments, averaging your purchase cost over market ups and downs (rupee-cost averaging). Lumpsum invests the full amount on day one, so its entire value compounds for the whole period — better if invested right before a rally, worse if invested right before a downturn.
›What annual return should I assume?
This varies by fund category and market conditions, so there's no single right number — many long-term equity mutual fund calculators illustrate with figures in the 10-15% range, but you should use your own expectation and treat the result as a rough projection, not a promise.
›Does this calculator account for expense ratio or exit load?
No — it projects a simple compounded return on the rate you enter. Fund expense ratios, exit loads and taxes on gains will reduce your real, in-hand return, so use a conservative rate if you want to account for them roughly.