₹6,48,685 in today's money
At 6% inflation, ₹11,61,695 in 10 years buys what ₹6,48,685 buys today.
Purchasing power calculatorSIP Calculator
See how a monthly mutual-fund SIP grows with compounding.
- Free, no sign-up
- Formula shown
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SIP Calculator
See how a monthly mutual-fund SIP grows with compounding.
5 thousand · type 5k, 1.5L or 2cr
% p.a.
years
%
A step-up raises the monthly amount once a year, usually with a salary rise.
Projected value₹11,61,695
₹5,000 a month for 10 years could grow to ₹11,61,695. ₹5,61,695 of that is growth on the ₹6,00,000 you put in.
- You invest₹6,00,000
- Growth₹5,61,695
- Money multiplied1.9×
A 10% yearly step-up adds ₹5,25,468
Raising ₹5,000 by 10% each year (to ₹5,500 next year) ends at ₹16,87,163.
Growth is 94% of what you put in
Keep going and growth overtakes your contributions in year 11.
Waiting a year costs ₹1,87,588
Starting a year later and stopping at the same time ends at ₹9,74,108 instead of ₹11,61,695.
Year by year
How the SIP calculator works
A Systematic Investment Plan (SIP) is a smart financial strategy that allows you to invest a fixed amount of money regularly in mutual funds. Rather than timing the market, you benefit from rupee-cost averaging by buying more units when prices are low and fewer units when prices are high. This calculator computes the future value of your recurring monthly instalments with monthly compounding.
How to Use: 1. Adjust the "Monthly investment" slider or text field to match the amount you plan to save each month. 2. Set the "Expected return rate" according to your asset class expectations (equity mutual funds historically average 12% to 15% p.a.). 3. Select the target "Time period" in years. The calculator updates the results instantly.
Understanding the Results: The "Projected value" shows your estimated final balance. Underneath, the breakdown highlights the principal amount you actually deposited versus the compound growth ("Est. returns"). The accompanying donut chart visualizes this relationship, helping you see how long-term compounding accelerates your returns in later years.
The formula
FV = P × [((1 + i)^n − 1) ÷ i] × (1 + i)
- P: the monthly investment
- i: the monthly rate: annual rate ÷ 12
- n: the number of months
Each instalment is assumed to go in at the start of the month, so it earns a full month of growth.
A worked example
Investing ₹5,000 a month for 10 years at 12% a year, you put in ₹6,00,000 and it is projected to grow to ₹11,61,695, of which ₹5,61,695 is growth.
Questions people ask
How is the SIP maturity value calculated?
Each monthly instalment compounds at the monthly rate (the annual rate divided by 12) until the end of the period. The calculator adds those instalments up with the formula above, assuming you invest at the start of every month.
What return rate should I assume for a SIP?
A rate you would be comfortable planning on, not the best year you remember. Market-linked returns vary from year to year, and a lower assumption gives a safer plan. The 12% default is an illustration, not a forecast.
Does the SIP calculator include tax, exit loads or inflation?
No. It shows growth before tax at a constant rate. Fund expenses are already reflected in a fund’s returns, but tax on redemption is not. To see what the result is worth in today’s money, use the purchasing power calculator.
Does a SIP or a lumpsum grow more?
If markets rise over the period, money invested earlier has longer to compound, so a lumpsum invested on day one usually ends higher. A SIP spreads your buying across good and bad months and fits a monthly salary. The lumpsum calculator lets you compare the two with the same rate and time.
Related calculators
- Goal SIP Calculator: Know the exact monthly SIP needed to reach a target amount. Set your goal, timeline and expected return — the calculator does the rest.
- Lumpsum Calculator: Project the future value of a one-time investment at a compounded annual return. Free lumpsum calculator for mutual funds and long-term goals.
- Purchasing Power Calculator: See what any amount is really worth after inflation: its buying power in today’s money, and what you would need later to match it.
Further reading
Sources
Estimates are for illustration only and assume constant returns. Actual returns vary with market conditions. This is not investment advice.