Last reviewed: 4 September 2026. Expected return is an assumption you type. Mutual fund NAVs are not pulled live.
What is a SIP Calculator?
A Systematic Investment Plan invests a fixed amount at regular intervals. This tool compounds a monthly SIP at an assumed annual return, with an optional yearly step-up. It does not predict markets or select a scheme.
How to use it
Enter monthly SIP, expected return, years, and optional annual step-up (salary-linked increase). The output is estimated wealth, amount invested, and implied gain. Equity funds can have negative years; a smooth 12% line is an illustration.
How SIP returns are calculated here
Monthly rate i = annual rate / 12 / 100. Future value uses the annuity-due style SIP identity in the engine: FV = M × [((1+i)^n − 1) / i] × (1+i). Step-up increases M each year. Expense ratios, exit loads and tax on gains are not deducted.
Formula used
Step-up increases M each year
Example calculation
₹10,000 a month at 12% for 15 years invests ₹18 lakh of principal and shows a much larger corpus on this formula. Change the rate to 8% and 16% to see how sensitive the ending value is. That range is not a forecast.
Limitations
No rupee-cost-averaging of actual NAVs. No dividend option. For a one-time investment use the lumpsum tool. For a spending plan on a corpus use SWP.
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Frequently asked questions
Is the return guaranteed?
No. Expected return is an assumption. Equity funds can have negative years.
What does step-up do?
It increases the SIP each year, often matching salary growth.
Grow Money Calculator provides general financial calculation tools for educational and planning purposes. Results are estimates based on the information you enter and may differ from actual lender, bank or investment-product calculations. This is not a loan offer or investment advice. Read the full disclaimer.