SIP Calculator
Calculate your monthly SIP future value, total invested, and wealth gained — with a year-by-year growth chart.
Future corpus
₹23,23,391
Total invested
₹12,00,000
Wealth gained
₹11,23,391
Year-by-year growth
How it works
The SIP formula is: FV = P × [((1 + r)ⁿ – 1) / r] × (1 + r)
Example: ₹10,000 monthly SIP for 10 years at 12% p.a. → P = 10,000, r = 0.01 (12%/12), n = 120. FV = ₹10,000 × [(1.01¹²⁰ – 1) / 0.01] × 1.01 ≈ ₹23.23 lakh (vs ₹12 lakh invested → ₹11.23 lakh wealth gained).
FAQs
How is the SIP return calculated?
We use the standard future-value-of-annuity formula: FV = P × [((1 + r)ⁿ – 1) / r] × (1 + r), where P = monthly SIP, r = monthly rate (annual/12/100), n = total months. Assumes end-of-month investing and monthly compounding.
What’s a reasonable expected return for Indian equity SIP?
Historically, diversified Indian equity mutual funds have returned 11–14% p.a. over 10-year windows. Use 12% as a conservative default. For debt-only SIPs, use 6–7%. Past returns don’t guarantee future returns.
How much should I SIP to become a crorepati?
At 12% p.a., ₹11,000/month for 20 years becomes ~₹1 crore. ₹30,000/month for 15 years also reaches ₹1 crore. Use the slider to test your own target.
Is SIP return taxable?
Equity funds: LTCG above ₹1.25L/year is taxed at 12.5% (post-FY24). Debt funds: added to income at slab rate. ELSS funds give you 80C deduction up to ₹1.5L.