SIP calculator (India)

Compare four illustrative investment projections with monthly compounding and transparent assumptions.

Project equal contributions made at the end of every month.

Result

Enter values and calculate.

GUIDE

Method, example, and limits

Formula and timing

The nominal annual return is divided by 12. Each month the opening balance earns one month of return, then the contribution is added (end-of-month SIP). Step-up is applied after every 12 payments. Target mode inverts the ordinary-annuity factor; a zero return uses target ÷ number of months.

Worked example

At ₹5,000 per month, 12% nominal annual return and 10 years, total contributions are ₹6,00,000 and the illustrative value is ₹11,50,193. Reaching ₹10,00,000 under the same assumptions requires about ₹4,347 per month.

Limits and interpretation

The path is smooth and deterministic: it does not model volatility, fund expenses, taxes, exit loads, skipped payments, changing rates, inflation, or timing differences. Use conservative scenarios and verify fund disclosures before acting.

Sources

Frequently asked questions

Are SIP returns guaranteed?

No. SIP describes a contribution method, not a guaranteed-return product. The entered return is only an assumption for comparing scenarios.

Why may another calculator differ?

Some tools assume beginning-of-month deposits or an effective annual rate. This tool uses end-of-month deposits and nominal annual rate divided by 12, so timing conventions can change results.