SIP Calculator
Enter a monthly SIP, a yearly return to assume and the number of years. Add a yearly step-up if you plan to raise the SIP as your pay rises. The result is an estimate, not a promise.
Year-by-year projection
Assumes each instalment is invested at the start of the month and the fund grows at the same rate every year, which real funds never do. Ignores exit loads and tax. Everything is calculated in your browser.
₹10,000 a month for 10 years, growing at a steady 12% a year, would come to about ₹22,40,359. Raise the SIP by 10% every year instead, so that it reaches about ₹23,579 a month by the tenth year, and the estimate becomes about ₹32,68,898. Both numbers assume the fund grows by exactly 12% every single year. No equity fund does that, and mutual fund investments are subject to market risks, so read every figure on this page as "if the average works out to this", not as a forecast.
What a 10% yearly step-up does
Most people's pay rises over ten years, but their SIP stays where it was set. A step-up (some fund houses call it a top-up) raises the instalment automatically each year. At an assumed 12%:
| Year | Monthly SIP that year | Invested so far | Estimated value |
|---|---|---|---|
| 1 | ₹10,000 | ₹1,20,000 | ₹1,27,665 |
| 3 | ₹12,100 | ₹3,97,200 | ₹4,71,901 |
| 5 | ₹14,641 | ₹7,32,612 | ₹9,69,179 |
| 7 | ₹17,716 | ₹11,38,461 | ₹16,72,183 |
| 10 | ₹23,579 | ₹19,12,491 | ₹32,68,898 |
Be clear about where the extra comes from. Compared with a flat ₹10,000, the step-up adds about ₹10.3 lakh to the final estimate, but you also put in about ₹7.1 lakh more of your own money. The step-up works mainly because you save more, and the compounding on top of that is a bonus. A gentler 5% step-up gives about ₹26,93,646 on ₹15,09,347 invested.
Over 20 years the gap widens. A flat ₹10,000 at 12% comes to about ₹91,98,574 on ₹24 lakh invested. With a 10% yearly step-up it comes to about ₹1,86,31,383, but the SIP has climbed to about ₹61,159 a month by year 20 and you have invested ₹68,73,000. Check whether your income can really keep pace before you set a high step-up.
A bad year near the end hurts more than one at the start
Averages hide the order in which good and bad years arrive. Take the same ₹10,000 a month for 10 years and three paths:
| What the fund does | Value after 10 years |
|---|---|
| 12% every year | ₹22,40,359 |
| Falls 20% in year 1, then 12% a year | ₹21,81,825 |
| 12% a year for nine years, then falls 20% in year 10 | ₹16,15,624 |
A fall in the first year barely matters, because you had little invested and kept buying cheap units afterwards. The same fall in the last year comes when almost all your money is in the fund, and it wipes out about ₹6.2 lakh compared with the steady path. You still end above the ₹12 lakh you invested in this example, but a deeper or longer fall could take you below it. This is why people saving for a fixed date often move money they will soon need into something steadier a year or two before the goal.
Same SIP, different returns
₹10,000 a month for 10 years (₹12 lakh invested on the flat SIP):
| Average yearly return | Flat SIP | With 10% step-up |
|---|---|---|
| 6% | ₹16,32,643 | ₹24,86,270 |
| 8% | ₹18,12,832 | ₹27,20,628 |
| 10% | ₹20,14,576 | ₹29,80,572 |
| 12% | ₹22,40,359 | ₹32,68,898 |
| 14% | ₹24,92,923 | ₹35,88,684 |
Why this calculator shows less than some others
Many SIP calculators take 12%, divide it by 12 and compound 1% every month. But 1% a month compounds to about 12.68% a year, so they quietly assume more than you typed: for ₹10,000 a month over 10 years they show about ₹23,23,391. We convert the yearly return into the monthly rate that compounds back to exactly that yearly figure, and treat each instalment as invested at the start of its month:
With a step-up, S rises at the start of each new year and the calculator adds up month by month instead.
Working back from a target
At a steady 12%, reaching ₹1 crore in 20 years needs about ₹10,871 a month; in 15 years it needs about ₹21,011. At 10% the 20-year figure rises to about ₹13,812. Before fixing a target, run it through the inflation calculator to see what ₹1 crore will buy by then.
Tax when you sell
Every instalment counts as a separate purchase with its own holding period. As of November 2026, units of equity-oriented funds held for more than 12 months are taxed at 12.5% on long-term gains above ₹1.25 lakh in a financial year, and units held for 12 months or less at 20%. Debt funds follow different rules. For money you need on a fixed date within two or three years, an RD gives a known figure that no fund can; FD vs RD vs SIP compares the three, and the PPF calculator covers the guaranteed, tax-free long-term option.
This page explains the arithmetic. It is not investment advice, and we do not recommend any fund or scheme.
Frequently asked questions
What return should I type in?
There is no correct number, so try three: a cautious one, a middle one and a hopeful one. A fund's factsheet shows its past returns over several periods, but past returns do not carry forward. For a debt fund, a figure close to current FD rates is more sensible than an equity-style return.
Can I stop or pause a SIP?
Yes. Stopping a SIP carries no penalty and only ends future instalments; the units you already own stay invested until you sell them. Many fund houses also allow a pause for a few months. Selling units soon after buying them can attract an exit load, so check the scheme's terms.
Does the estimate include fund expenses, exit load and tax?
Not directly. A fund's running costs (the expense ratio) are taken out before its NAV is published, so if you base your assumed return on the fund's past NAV growth, expenses are already reflected. Exit loads and tax on gains are not included in the figures here.