What is a SIP?
A Systematic Investment Plan (SIP) lets you invest a fixed amount in a mutual fund every month. Because you buy units regularly, you benefit from rupee cost averaging and the power of compounding.
SIP formula
FV = P × [((1 + i)n − 1) / i] × (1 + i), where P is the monthly amount, i is the monthly rate of return and n is the number of months. This calculator simulates each month, so it also supports an annual step-up (increasing your SIP every year).
FAQ
Are SIP returns guaranteed? No. Mutual fund returns depend on market performance. The results here are estimates based on the rate you enter.
What is a step-up SIP? A step-up (top-up) SIP increases your monthly contribution by a fixed percentage each year, usually in line with salary growth.