SIP Calculator

Estimate the future value of a monthly SIP in a mutual fund from your instalment, expected return and time period.

Formula

FV = P × [((1 + i)^n − 1) ÷ i] × (1 + i), where P is the monthly instalment, i is the annual return ÷ 12 and n is the number of months.

About this calculator

A systematic investment plan (SIP) invests a fixed amount in a mutual fund every month. This calculator uses the standard future-value formula for instalments paid at the start of each month, which is the method fund houses and regulators' investor-education sites use. Results are estimates for education and planning. They are not financial advice, and real returns are never guaranteed.

Amounts are shown without a currency symbol, so the calculator works for any currency: enter all values in the same one.

Frequently asked questions

Is the SIP return guaranteed?

No. Mutual fund returns depend on the market. The expected return you enter is an assumption; equity funds can deliver more or less, including losses, especially over short periods.

What return should I assume?

Use a conservative long-term figure for the fund category rather than a recent best year. Check the fund's factsheet for its 5 and 10 year annualised returns and run the calculator with a lower and a higher value to see the range.

Does this include fees and tax?

No. Mutual fund NAVs are already net of the expense ratio, but exit loads and capital gains tax depend on your country and holding period and are not deducted here.

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