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SIP Calculator

Calculate your Systematic Investment Plan (SIP) returns, maturity value, and wealth gained with year-by-year breakdown. Plan your mutual fund investments smartly.

SIP Investment Details

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Amount to invest every month
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Expected annual returns (equity: 12-15%)
years
How long you plan to invest
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Enter SIP details to see your wealth growth

About SIP Calculator

A Systematic Investment Plan (SIP) is a method of investing a fixed sum regularly in mutual funds. SIP allows you to invest in a disciplined manner without worrying about market volatility and timing. It is one of the most popular investment strategies for building long-term wealth.

SIP Formula

FV = P × [((1 + r)^n − 1) / r] × (1 + r)

  • FV — Future Value (Maturity Amount)
  • P — Monthly Investment Amount
  • r — Monthly Return Rate (Annual Rate ÷ 12 ÷ 100)
  • n — Total number of months

Benefits of SIP

  • Rupee Cost Averaging — Buy more units when NAV is low, fewer when high
  • Power of Compounding — Returns generate their own returns over time
  • Disciplined Investing — Auto-debit ensures regular investment
  • Flexibility — Start with as low as ₹500/month, increase anytime
  • No Market Timing — Eliminates need to time the market
  • Tax Benefits — ELSS funds offer 80C deduction up to ₹1.5L

Expected Return Rates by Fund Type

  • Equity Funds (Large Cap): 11-13% p.a.
  • Equity Funds (Mid Cap): 12-15% p.a.
  • Equity Funds (Small Cap): 14-18% p.a. (higher risk)
  • Hybrid Funds: 9-12% p.a.
  • Debt Funds: 6-9% p.a.
  • ELSS (Tax Saving): 11-14% p.a.

Note: Past performance does not guarantee future returns. These are indicative ranges.

How to Start a SIP

  • Step 1: Complete KYC (Aadhaar, PAN card required)
  • Step 2: Choose mutual fund based on goals and risk appetite
  • Step 3: Decide monthly investment amount
  • Step 4: Select SIP date (1st, 7th, 15th, 25th of month)
  • Step 5: Set up auto-debit from bank account
  • Step 6: Monitor annually, rebalance if needed

SIP Investment Tips

  • Start Early: 10-year delay can reduce corpus by 60-70%
  • Invest Regularly: Never skip installments, even in market falls
  • Increase with Income: Step-up SIP by 10% annually
  • Stay Invested: Minimum 5 years for equity, 10+ for wealth creation
  • Diversify: Mix large-cap, mid-cap, and debt funds
  • Don't Panic Sell: Market corrections are buying opportunities
  • Review Annually: Check fund performance, switch if underperforming 3 years

Common SIP Mistakes to Avoid

  • Stopping SIP during market falls (this is when you get best returns)
  • Investing in too many funds (5-7 funds is optimal)
  • Ignoring expense ratio (prefer funds with ratio below 1.5%)
  • Choosing wrong SIP date (pick 1-2 days after salary credit)
  • Not reviewing portfolio (annual review essential)
  • Redeeming too early (minimum 5 years for equity)

Tax Implications

  • Equity Funds: LTCG 10% (>₹1L, held >1 year), STCG 15% (<1 year)
  • Debt Funds: Taxed as per income slab (post Apr 2023)
  • ELSS: 80C deduction up to ₹1.5L, 3-year lock-in
  • Dividend: Taxed as per income slab (TDS 10% if >₹5000)

What this SIP calculator does

A Systematic Investment Plan (SIP) lets you invest a fixed amount in a mutual fund every month and benefit from rupee-cost averaging plus compounding. The MONEX MINT SIP calculator projects how much your monthly instalment will grow into over any tenure at any expected rate of return. It is designed for Indian investors planning equity, hybrid or debt mutual fund SIPs — show parents the magic of starting early, size your retirement corpus, or sanity-check what a 25-year ₹15,000-a-month SIP can actually build.

How it's calculated

FV = P × [((1+r)^n − 1) / r] × (1+r)
  • FV — Maturity value — the corpus at the end of the SIP tenure
  • P — Monthly SIP instalment in rupees
  • r — Monthly rate of return = annual return ÷ 12 ÷ 100 (12% p.a. → 0.01)
  • n — Total number of monthly instalments (years × 12)

Example: ₹10,000 monthly SIP for 15 years at 12% expected return

  1. Monthly investment P = ₹10,000 | Expected return = 12% p.a. | Tenure = 15 years
  2. Monthly rate r = 12 ÷ 12 ÷ 100 = 0.01 | Total months n = 15 × 12 = 180
  3. Total amount invested over 15 years = ₹10,000 × 180 = ₹18,00,000
  4. FV = 10,000 × [((1.01)^180 − 1) / 0.01] × 1.01 = 10,000 × 499.58 × 1.01
  5. Wealth gained (compounding effect) = ₹50,45,760 − ₹18,00,000 = ₹32,45,760
  6. In other words, ₹18 lakh of contributions becomes ₹50 lakh — your money nearly triples.

Result: Maturity value: ₹50,45,760 | Total invested: ₹18,00,000 | Wealth gained: ₹32,45,760

Frequently asked questions

How is the SIP maturity amount calculated?
A SIP is a series of equal monthly investments, so its future value is computed using the future value of an annuity formula: FV = P × [((1+r)^n − 1) / r] × (1+r), where P is the monthly instalment, r is the monthly return rate, and n is the total number of months. The (1+r) factor at the end accounts for the fact that contributions are typically made at the beginning of each month.
What is a realistic return assumption for an Indian equity SIP?
Long-term (10-20 years) Indian equity mutual funds have historically delivered 11-13% CAGR. For planning purposes 12% is the standard assumption used by SEBI in disclosures. Use 10% for a conservative projection, 12% for moderate, and avoid plugging in 15%+ unless you are stress-testing optimistic scenarios. Debt SIPs return 6-7% and hybrid funds 8-10%.
Is there a minimum amount to start a SIP?
Most Indian mutual fund houses allow SIPs starting at ₹500 per month, with several index funds and ELSS schemes accepting just ₹100-₹250. There is no upper limit. You can run multiple SIPs across different schemes and step up the amount each year as your salary grows — a practice known as a step-up SIP.
How are SIP returns taxed in India?
Each monthly SIP instalment is treated as a separate purchase for tax purposes. For equity funds, units held over 12 months attract long-term capital gains tax at 12.5% on gains above ₹1.25 lakh per financial year (post Budget 2024). Units sold within 12 months attract 20% short-term capital gains tax. Debt fund SIPs are taxed at your slab rate regardless of holding period.
Should I do a lumpsum or SIP if I receive a bonus?
For equity, SIP usually wins because it averages your purchase price across market cycles. However, mathematically a lumpsum invested early in a rising market beats a SIP because more money compounds for longer. A practical compromise is a Systematic Transfer Plan (STP) — park the lumpsum in a liquid fund and transfer ₹50K-₹1L per month into equity over 6-12 months.
What happens if I miss an SIP instalment?
Nothing major. Mutual fund houses do not levy a penalty for a missed SIP instalment, though your bank may charge an ECS bounce fee of ₹150-₹500. The SIP only gets cancelled if three consecutive instalments fail. You can pause an SIP for up to 3-6 months in most schemes through the AMC website without cancelling it.
Should I stop my SIP when the market crashes?
No — that is the worst time to stop. A market crash means the same ₹10,000 buys more units, lowering your average cost (rupee-cost averaging). Investors who stayed invested through the 2008 and March-2020 crashes earned the best long-term returns. Stop an SIP only if the underlying fund consistently underperforms its benchmark for 3+ years, not because of market volatility.

Related calculators

Lumpsum CalculatorOne-time investment growth at any rateStep-up SIPIncrease your SIP every year with your salaryGoal PlanningRequired monthly SIP to reach a future goalMutual Fund ReturnsXIRR/CAGR on existing fund holdings

Returns shown are projections based on the rate you input and assume the rate is constant — real-world equity returns are volatile year to year. Past performance is not a guarantee of future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.