What is a SIP?
A Systematic Investment Plan lets you invest a fixed amount in a mutual fund every month. Instead of timing the market, you invest steadily and buy more units when prices are low and fewer when prices are high.
SIP Calculator
Calculate your SIP investment, estimated returns and total maturity value instantly.
Use the ToolBandhu SIP Calculator to estimate how much your monthly investment could grow over time based on an assumed annual return rate.
Your SIP details
Results update instantly as you type.
Amount invested every month, for example 5000.
Between 1 and 50 years.
An assumption you choose, such as 10.5 or 12. Not a guaranteed return.
Your SIP estimate
Total Value (estimated)
₹11,50,193
Investing ₹5,000 every month for 10 years at an assumed 12% annual return.
₹5,000
Monthly Investment
₹6,00,000
Total Investment
₹5,50,193
Estimated Returns
Disclaimer: This SIP calculator provides an illustrative estimate based on the investment amount, investment duration and assumed annual return entered by the user. Mutual fund returns are market-linked and actual returns may be higher or lower. This calculator is not investment advice or a guarantee of returns.
SIP growth over time
Estimated value compared with the amount invested, year by year. Amounts are in ₹.
Year-by-Year Growth
Estimated values at the end of each year, rounded to the nearest rupee.
| Year | Invested | Estimated Value | Estimated Returns |
|---|---|---|---|
| 1 | ₹60,000 | ₹63,413 | ₹3,413 |
| 2 | ₹1,20,000 | ₹1,34,867 | ₹14,867 |
| 3 | ₹1,80,000 | ₹2,15,384 | ₹35,384 |
| 4 | ₹2,40,000 | ₹3,06,113 | ₹66,113 |
| 5 | ₹3,00,000 | ₹4,08,348 | ₹1,08,348 |
| 6 | ₹3,60,000 | ₹5,23,550 | ₹1,63,550 |
| 7 | ₹4,20,000 | ₹6,53,361 | ₹2,33,361 |
| 8 | ₹4,80,000 | ₹7,99,636 | ₹3,19,636 |
| 9 | ₹5,40,000 | ₹9,64,463 | ₹4,24,463 |
| 10 | ₹6,00,000 | ₹11,50,193 | ₹5,50,193 |
SIP formula
FV = P × [((1 + r)^n − 1) / r] × (1 + r)
- P = monthly investment
- r = monthly expected rate of return
- n = number of monthly investments
The annual expected return is converted to a monthly rate by dividing by 12 and then by 100, so 12% per year becomes r = 12 ÷ 12 ÷ 100 = 0.01. The number of instalments is years × 12. When the expected return is 0%, the formula reduces to FV = P × n.
How does a SIP work?
A fixed sum is debited every month and used to buy fund units at that day's NAV. Over time the units accumulate, and any growth in their value compounds along with your fresh instalments.
How is SIP maturity value calculated?
Each instalment grows for a different number of months, so the maturity value is the sum of every instalment compounded to the end date. The standard SIP formula below does this in one step.
How to use the SIP Calculator?
Enter your monthly investment, the number of years and an expected annual return. Results, the growth chart and the year-by-year table update instantly as you type.
Investment vs estimated returns
Total investment is simply the money you put in — monthly amount × number of months. Estimated returns are the extra amount the assumed growth rate would add on top of that.
What if the expected return is 0%?
With 0% assumed growth the calculator shows maturity value equal to your total investment and estimated returns of ₹0. Nothing is compounded.