What a monthly SIP, a step-up SIP that rises every year, or one investment made today could grow to at the return you expect - money put in, estimated returns and the total, year by year.
The SIP & Lumpsum Calculator estimates what your investment could grow to. Choose SIP for a fixed amount every month, Step-up SIP for a monthly amount that rises by a set percentage each year, or Lumpsum for one investment made today - then set the return you expect and how many years you will stay invested.
It shows the money you put in, the estimated returns on top, the total value, and a year-by-year table - so you can see compounding at work: ₹10,000 a month for 10 years at 12% is ₹12 lakh invested and about ₹23.2 lakh at the end.
The return rate is your own assumption. Mutual fund returns go up and down and are never guaranteed, so treat the result as an estimate, not a promise.
FV = P × ((1 + i)^n − 1) ÷ i × (1 + i), where P is the monthly amount, i is the yearly return ÷ 12 ÷ 100 and n is the number of months. Each instalment is counted from the start of its month, as a SIP is debited.
FV = P × (1 + r ÷ 100)^t, where P is the amount invested, r the yearly return and t the years. ₹1 lakh at 12% for 10 years becomes about ₹3.1 lakh.
A SIP whose monthly amount goes up by a fixed percentage every year - for example 10% when your salary rises. ₹10,000 a month at 12% for 10 years grows to about ₹23.2 lakh as a plain SIP, and to about ₹33.7 lakh with a 10% yearly step-up.
Year by year: in year k the monthly amount is P × (1 + s ÷ 100)^(k − 1), where s is the step-up %. Each month that amount is added and the whole balance grows by the monthly rate. With a 0% step-up it is exactly a plain SIP.
At the same rate, a lumpsum grows to more because all the money is invested from day one. A SIP suits a monthly salary and spreads your purchases over time, so you buy at many different prices instead of one.
No. Mutual fund investments are subject to market risks, and the rate you enter is an assumption. Real returns vary from year to year and can be negative.
The calculator uses whatever you choose. Trying a few rates - say 8%, 10% and 12% - shows a range of outcomes rather than one number. Past returns do not guarantee future ones.
No. Capital gains tax, exit loads and the fund's expense ratio are not included, so the amount you actually receive will be lower.