SIP calculator
Enter the monthly amount, the period and the return you want to assume. The calculator shows what the SIP could grow to and the invested amount year by year.
Rules: Formula; returns are your assumptionResult
Fill in your numbers and press Calculate. The answer shows the formula and the rules it used.
Signed in, INDYXQUANT tracks your actual SIPs from your CAS, with XIRR, direct versus regular costs and goal progress.
Do this with your real portfolioThe formula
FV = P x ((1 + i)^n - 1) / i x (1 + i), where P is the monthly SIP, i the annual return / 12 and n the number of months. Each instalment is invested at the start of the month (annuity due), the convention used by AMFI and fund-house calculators.
With a step-up the SIP rises once a year by the percentage you enter, and each year's instalments compound to the end.
Mutual fund returns are not guaranteed. The result is before tax on redemption.
Questions
How is SIP return calculated?
Each monthly instalment compounds at the assumed annual return divided by 12 from the month it is invested until the end of the period. The sum of those values is the future value.
What is a step-up SIP?
A SIP whose monthly amount rises by a fixed percentage every year, usually in line with salary growth.
Is the return guaranteed?
No. The return is an assumption you enter. Past performance of a fund does not guarantee future returns.
Sources
Rules: Formula; returns are your assumption. This page is for education and is not tax, legal or investment advice.