SIP calculator: see how your monthly investment can grow
A SIP (systematic investment plan) means investing a fixed amount every month. Enter your monthly amount, the yearly return you expect and the number of years to see a rough estimate of what it could grow to.
This is an estimate and not a promise. Market-linked returns change every year and can be negative. The 12% in the box is only an example, not a forecast. This is general information and not investment advice.
How the calculation works
The calculator assumes you invest the same amount at the start of every month, and that the return you enter is earned every year and compounds monthly. The value is the sum of every instalment growing at that rate until the end.
Things to remember
Returns from mutual funds are not fixed and are taxed under the rules at the time you sell. Fund expenses and taxes are not included here. Starting early and staying invested for many years matters more than the exact amount.
Also try the EMI calculator and the FD calculator.