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SIP Calculator India

Plan mutual fund SIP investments in rupees: step-up SIP, lump sum, a goal planner and ELSS 80C savings, with inflation and tax on gains.

Projected maturity value
₹23,23,391

₹23.23 Lakh after 10 years

Total invested
₹12 Lakh
Estimated returns
₹11.23 Lakh
Value in today's money
₹12.97 Lakh
After estimated tax
₹21.94 Lakh

What if returns are different?

The same plan at 3 points lower and higher than your 12% assumption.

9% a year₹19.5 Lakh
12% a year₹23.23 Lakh
15% a year₹27.87 Lakh

Growth over time

Cumulative money invested against the returns it earns.

₹0₹5.81 L₹11.62 L₹17.43 L₹23.23 LYear 1: Invested ₹1,20,000, Returns ₹8,0931Year 2: Invested ₹2,40,000, Returns ₹32,4322Year 3: Invested ₹3,60,000, Returns ₹75,0763Year 4: Invested ₹4,80,000, Returns ₹1,38,3484Year 5: Invested ₹6,00,000, Returns ₹2,24,8645Year 6: Invested ₹7,20,000, Returns ₹3,37,5706Year 7: Invested ₹8,40,000, Returns ₹4,79,7907Year 8: Invested ₹9,60,000, Returns ₹6,55,2668Year 9: Invested ₹10,80,000, Returns ₹8,68,2159Year 10: Invested ₹12,00,000, Returns ₹11,23,39110
InvestedReturnsYears on the bottom axis

Milestones

When the balance first passes each target.

  • ₹10 Lakhin year 6

Mutual fund investments are subject to market risks. This calculator assumes a constant return, so real results will differ, and it is an estimate, not investment or tax advice. The tax figure treats all gains as long-term equity gains and uses the limit and rate you enter above.

How to use this SIP calculator

  1. Choose SIP, Lump sum, Goal or ELSS 80C at the top of the form.
  2. Enter the monthly amount, the number of years and the return you expect. Tap a return preset if you want a starting point.
  3. Add a yearly step-up if you plan to raise your SIP as your income grows, and an inflation rate to see what the money will be worth in today's terms.
  4. Read the maturity value, the tax estimate and the inflation-adjusted value, then check the chart, the milestones and the year-by-year table.
  5. Use "Copy a link to these numbers" to save or share the exact inputs.

How SIP maturity is worked out

Each instalment is added at the start of the month and the balance then earns one-twelfth of the yearly return. Take ₹10,000 a month at 12% a year for 10 years. You put in ₹12,00,000 over 120 instalments, and the calculator shows a maturity value of ₹23,23,391, so the returns are ₹11,23,391. The same result comes from the standard formula: maturity = instalment x [((1 + i)^n - 1) / i] x (1 + i), where i is the monthly rate (1%) and n is the number of months (120).

What a yearly step-up does

Raising the SIP by 10% every year turns a ₹10,000 SIP into ₹11,000 in year two, ₹12,100 in year three and so on. On the same 12% return over 10 years that grows to ₹33,74,326 from ₹19,12,491 invested, compared with ₹23,23,391 from ₹12,00,000 for the flat SIP. The extra corpus comes mostly from the larger instalments made in the later, higher-earning years, which is why a step-up is worth matching to your expected pay rises.

Planning for a goal

The Goal tab works backwards. To reach ₹1 crore in 15 years at 12% with no step-up you would need to invest about ₹19,819 a month. If the goal is priced in today's money, switch on "Target is in today's money" and the calculator first raises it by your inflation rate, because a ₹1 crore goal today costs far more in 15 years.

SIP versus lump sum

A one-time ₹5,00,000 investment at 12% for 10 years grows to ₹15,52,924 in this calculator. Investing ₹10,000 a month for the same 10 years puts in ₹12,00,000 in total and reaches ₹23,23,391. The two are not directly comparable, because the SIP contributes far more money over time. Use the Lump sum tab when you have a fixed amount to invest and the SIP tab when you are investing from monthly income.

ELSS and Section 80C

ELSS funds count towards the ₹1.5 lakh yearly limit under Section 80C, but only if you use the old tax regime. A SIP of ₹12,500 a month, or ₹1,50,000 a year, saves ₹46,800 of tax a year for someone in the 30% slab, including 4% cess. Each instalment is locked in for 3 years. Whether the old regime is better for you depends on your other deductions, so compare both in the income tax calculator before choosing.

Tax on mutual fund gains

For the 10-year ₹10,000 SIP above, the gains are ₹11,23,391. With the ₹1.25 lakh exemption and a 12.5% rate plus 4% cess, the estimated tax is about ₹1,29,791. In practice each monthly instalment has its own holding period, and you can spread redemptions across years to use the exemption more than once, so the real figure depends on how and when you sell. The tax settings on this page are editable for that reason, and the rules for equity funds, debt funds and other categories differ and change over time.

What this calculator does not do

It assumes a constant return, so it cannot show the ups and downs of a real fund. It ignores fund expenses beyond whatever is already in your return assumption, exit loads and stamp duty. It treats every instalment as long term for tax purposes. The inflation rate is also constant. Treat the result as a planning estimate, not a forecast or advice. Related tools: EMI calculator, PPF calculator and FD and RD calculator.

Frequently Asked Questions (FAQ)

A Systematic Investment Plan (SIP) invests a fixed amount in a mutual fund every month. Because you buy on a schedule rather than trying to pick a good day, you pay a lower average price when markets fall and fewer units when they rise. It also turns saving into a habit.
Each monthly instalment grows at the expected return for as many months as it stays invested. This calculator adds the instalment at the start of the month, then applies one-twelfth of the yearly return every month, which is the convention most SIP calculators use. The maturity value is the total of all instalments plus their growth.
Nobody can promise a return. Many people use around 12% for a long-term equity fund, 8 to 10% for a hybrid fund and 6 to 7% for debt funds, but these are planning assumptions, not forecasts. The three-scenario panel shows the same SIP at 3 points lower and higher so you can see how much the assumption matters.
A step-up SIP raises the monthly amount by a fixed percentage each year, for example by 10% as your salary grows. Over 10 years, a ₹10,000 SIP with a 10% yearly step-up builds a much larger corpus than a flat ₹10,000, for a much smaller extra outlay in the early years.
If you have a large amount today, a lump sum is invested for longer and usually ends up larger when markets rise, but you carry the risk of investing all of it at a high point. A SIP spreads that risk and suits people investing from monthly income. Use the Lump sum tab to compare the two for your own numbers.
Yes. For equity mutual funds, gains on units held for more than 12 months are taxed at 12.5% above ₹1.25 lakh of gains in a financial year, and gains on units held for 12 months or less at 20%, plus 4% cess. Debt mutual funds bought after 1 April 2023 are taxed at your income tax slab. The calculator estimates the equity case using the exemption and rate you can edit, treating all units as long term. Rules change, so check the current position or ask a tax adviser.
An Equity Linked Savings Scheme is an equity mutual fund with a 3-year lock-in. Under the old tax regime, up to ₹1.5 lakh a year across Section 80C investments can be deducted from taxable income. Under the new regime there is no 80C deduction. The ELSS tab shows the tax saved for your slab, and the income tax calculator on this site shows which regime suits you.
Yes. Mutual fund investments are subject to market risks, and a SIP does not guarantee a profit. A fund can be worth less than you put in, especially over short periods. This calculator projects a constant return; real returns go up and down.
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