Quick answer: A ₹10,000 monthly SIP at 12% annual returns grows to roughly ₹23 lakh in 10 years thanks to compounding. Enter your monthly amount, expected return and time period below to project your exact corpus — or set a goal and find the SIP you need.
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Plan your mutual fund SIP investments with step-up mode and goal planning. See how your monthly SIP grows in PKR, INR or AED with compound returns.
Projected corpus
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SIP returns are market-linked and not guaranteed. This calculator uses monthly compounding at your expected return rate. Past mutual fund performance does not guarantee future results — invest according to your risk tolerance.
A Systematic Investment Plan (SIP) lets you invest a fixed amount every month into a mutual fund instead of investing a lump sum. Your money buys fund units at the market price each month, so you automatically buy more units when prices are low and fewer when prices are high — this is called rupee-cost averaging.
How step-up SIP works
With step-up SIP, your monthly investment increases by a fixed percentage every year — for example, a 10% step-up on a 10,000 monthly SIP becomes 11,000 in year two, 12,100 in year three, and so on. Since salaries usually rise each year, step-up SIP lets your investments grow with your income, and the extra compounding can add lakhs to your final corpus.
How the calculation works
Here is the simple version: every month your SIP amount goes into the pot, and the whole pot grows by a slice of your expected annual return. Month after month, year after year — that is compounding doing the heavy lifting. Turn on step-up mode and your monthly amount rises a little each year, just like a salary hike. In Goal mode the calculator works backwards: it figures out how much a tiny 1-unit monthly SIP would grow into, then divides your target by that number to tell you exactly what to invest each month.
Frequently asked questions
What is a SIP calculator?
It is a simple planner for mutual fund investors: punch in how much you can invest every month, your expected return and how many years you will stay invested — and it shows you roughly how big your money could grow. No jargon, no sales pitch, just the math.
What is step-up SIP?
Step-up SIP means increasing your monthly investment by a fixed percentage every year (for example 10%). It matches rising income and can significantly grow your final corpus compared to a flat SIP.
How much SIP do I need for 1 crore?
As a rough example: at 12% annual returns, ₹10,000 a month for 10 years grows to about ₹23 lakh — so 1 crore needs roughly ₹43,000 a month over 10 years, or much less per month if you give it 15–20 years. For your exact number, switch to Goal mode above, enter your target, return and years, and the calculator will tell you the precise monthly SIP.
Is this SIP calculator free?
Yes. It is 100% free with no signup required.
Are SIP returns guaranteed?
No. SIPs invest in market-linked mutual funds, so returns move with the market — 10–12% is a long-run historical average for Indian equity funds, not a promise. Any single 5- or 10-year period can deliver much more or much less, which is why you should test your goal at lower assumed returns too.
What is rupee-cost averaging?
Because your monthly SIP amount is fixed, a market fall automatically buys you more fund units and a rally buys fewer. Over time your average purchase cost smooths out, which removes the need — and the stress — of trying to time exactly when to invest.
SIP vs lump sum: which is better?
In a steadily rising market, a lump sum wins because the full amount compounds from day one. But lump sums demand perfect timing and strong nerves; SIPs spread timing risk across months and suit salaried investors. If you have a lump sum and fear a fall, splitting it into a 6–12 month STP (systematic transfer) is a middle path.
How SIP returns are calculated
A Systematic Investment Plan (SIP) invests a fixed amount every month into a mutual fund. Because you buy every month regardless of price, you automatically buy more units when markets fall and fewer when they rise — a phenomenon called rupee-cost averaging that removes the need to time the market. The calculator projects the outcome with the future value of a monthly annuity.
The formula, with every variable defined
FV = M × (((1 + i)n − 1) ÷ i) × (1 + i), where FV = maturity value; M = monthly investment; i = monthly return (annual expected return ÷ 12); n = total months. The trailing (1 + i) appears because SIP instalments are typically invested at the beginning of each month, giving every payment one extra month of growth.
Worked example: ₹10,000/month for 10 years at 12%
i = 0.12 ÷ 12 = 0.01, n = 120. (1.01)120 ≈ 3.3004. FV = 10,000 × ((3.3004 − 1) ÷ 0.01) × 1.01 = 10,000 × 230.04 × 1.01 ≈ ₹23,23,400 (₹23.23 lakh). You invested ₹12,00,000; growth contributed about ₹11,23,400 — nearly doubling your money. Add a 10% annual step-up (raising the SIP as your salary grows) and the same plan crosses ₹32 lakh, because larger later contributions still get years of compounding.
Practical tips and limits
Treat the return as an assumption, not a promise: 12% reflects long-run Indian equity averages, but any single decade can deliver far more or far less — run the numbers at 8% and 10% too, so your goal survives a mediocre decade. Never stop a SIP in a market fall; downturns are when rupee-cost averaging buys you the most units. And remember taxes and fund expenses (expense ratio) shave the real outcome slightly below the projection.
Reading your real return: XIRR vs absolute gains
Fund statements love quoting absolute returns (“your ₹12 lakh became ₹18 lakh — 50%!”), which flatters long-running SIPs by ignoring time. The honest measure is XIRR (extended internal rate of return): the annualised rate accounting for exactly when each instalment was invested. A 10-year SIP showing 50% absolute gains has an XIRR of only about 4.1% — sobering, and far more useful for comparing against the 8–12% assumptions in projections. Most fund apps show XIRR somewhere in the portfolio section; check it yearly, and judge your SIP by XIRR, never by the absolute-gain headline.