About the SIP Calculator
A Systematic Investment Plan (SIP) means investing a fixed amount every month, usually into mutual funds or index funds. This calculator estimates what your monthly investments could grow to over time.
Add an annual step-up to see the effect of increasing your investment as your income grows. Returns are estimates — real market returns vary from year to year.
How to use the SIP Calculator
- Enter your monthly investment.
- Enter the expected yearly return.
- Enter the investment period in years.
- Optionally add a yearly step-up percentage.
Frequently asked questions
What return should I assume?
Historically, diversified stock index funds have returned roughly 8–12% a year over long periods, bond funds less. Use a conservative figure for planning — returns are never guaranteed.
What is a step-up SIP?
A step-up SIP increases your monthly investment by a fixed percentage every year, for example 10%, so your savings keep pace with your income.
What formula is used?
Future value = P × ((1 + i)ⁿ − 1) ÷ i × (1 + i), where P is the monthly investment, i the monthly return rate and n the number of months. With a step-up, each year is calculated month by month.