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SIP Calculator

SIP (systematic investment plan) calculator: the maturity value of a monthly amount at an expected return, or the monthly SIP needed to reach a goal. How it works

Use the SIP Calculator

A yearly rate from 0 to 50.

Whole years, 1 to 60.

Total value
$116,169.54
Invested amount $60,000.00 · Wealth gained $56,169.54

Assumes the amount is invested at the start of every month and earns a constant return, compounded monthly (the yearly rate divided by 12). It does not model market ups and downs, tax, fund charges or inflation.

Money put in and returns by year

Year 1Year 10
  • Money put in
  • Returns
Year-by-year table
YearInvestedReturnsReturn %Value
1$6,000.00$404.666.7%$6,404.66
2$12,000.00$1,621.6013.5%$13,621.60
3$18,000.00$3,753.8220.9%$21,753.82
4$24,000.00$6,917.4228.8%$30,917.42
5$30,000.00$11,243.1837.5%$41,243.18
6$36,000.00$16,878.5246.9%$52,878.52
7$42,000.00$23,989.5057.1%$65,989.50
8$48,000.00$32,763.2868.3%$80,763.28
9$54,000.00$43,410.7580.4%$97,410.75
10$60,000.00$56,169.5493.6%$116,169.54

Invested and returns are totals up to the end of each year, not that year alone.

About the SIP Calculator

Investing $500 a month for 10 years at an expected 12% a year grows to $116,169.54: $60,000.00 of your money and $56,169.54 of gain. The SIP calculator invests each installment at the start of the month and compounds at the yearly rate ÷ 12. In rupees the same figures read ₹1,16,169.54. A year-by-year table and a bar chart show the value, the amount invested and the returns at the end of every year. Working back from a goal, $100,000 in 10 years at 12% needs $430.41 a month.

What a monthly SIP grows to at 12% a year

Monthly SIP5 years10 years15 years20 years
₹5,000 a month₹4,12,431.83₹11,61,695.38₹25,22,880.00₹49,95,739.60
₹10,000 a month₹8,24,863.67₹23,23,390.76₹50,45,760.00₹99,91,479.19
₹25,000 a month₹20,62,159.16₹58,08,476.91₹1,26,14,399.99₹2,49,78,697.98

Installments at the start of each month, a constant 12% a year compounded monthly. The amount invested is the SIP × 12 × years: ₹5,000 a month for 10 years is ₹6,00,000.

₹10,000 a month at different expected returns

Expected return a year10 years20 years
8%₹18,41,656.75₹59,29,472.18
10%₹20,65,520.20₹76,56,969.10
12%₹23,23,390.76₹99,91,479.19
15%₹27,86,572.72₹1,51,59,549.75

₹12,00,000 is invested over 10 years and ₹24,00,000 over 20. Returns are an assumption, not a forecast for any fund.

Frequently asked questions

How much will ₹5,000 a month in SIP be worth after 10 years?
At an expected 12% a year, ₹11,61,695.38. You invest ₹6,00,000 and the gain is ₹5,61,695.38. After 20 years the same SIP reaches ₹49,95,739.60 from ₹12,00,000 invested.
How is SIP return calculated?
As the future value of a monthly installment paid at the start of each month: FV = P × ((1 + i)^n − 1) ÷ i × (1 + i), where P is the monthly amount, i the yearly rate ÷ 12 ÷ 100 and n the number of months. 800 a month at 11% for 15 years gives 367,086.05 from 144,000.00 invested.
Can I see the SIP value year by year?
Yes. Open the Year-by-year table under the result. Each row shows the amount invested so far, the returns so far, the returns as a percent of the amount invested and the value at the end of that year. $500 a month at 12% is $6,404.66 after one year on $6,000.00 invested, and $41,243.18 after five years on $30,000.00.
Is the SIP return guaranteed?
No. The calculator applies one constant rate every month, so it shows no market falls or rises. Fund expense ratios, exit loads, tax and inflation are also left out, and real mutual fund returns change from year to year.
Why does another SIP calculator give a lower figure?
Some calculators invest each installment at the end of the month, so it earns one month less. This one invests at the start of the month. Dividing its result by (1 + i) gives the end-of-month figure: $500 a month at 12% for 10 years is $116,169.54 here and about $115,019 when installments go in at month end.
How much SIP do I need for a target amount?
Set Solve for to Monthly investment and enter the target. The tool divides the target by what 1 a month grows to, then rounds up to the cent so the plan reaches it: $100,000 in 10 years at 12% needs $430.41 a month, $51,649.20 invested, growing to $100,001.06. ₹1 crore in 20 years at 12% needs ₹10,008.53 a month.

Planning a monthly SIP

Investors who put a fixed sum into a mutual fund every month through a systematic investment plan (SIP), common in India, use it to see what the plan could be worth at an assumed return. Pick the currency (US dollar, Indian rupee, euro or pound), the monthly amount, the expected yearly return and 1 to 60 whole years. The Year-by-year table and a stacked bar chart show the amount invested and the returns at the end of each year: at $500 a month and 12%, year 1 ends at $6,404.66 on $6,000.00 invested (6.7%), year 5 at $41,243.18 on $30,000.00 and year 10 at $116,169.54 on $60,000.00 (93.6%).

To work back from a goal, set Solve for to the monthly investment: $100,000 in 10 years at 12% needs $430.41 a month, rounded up to the cent so the plan reaches $100,001.06.

SIP maturity formula

FV = P × ((1 + i)^n − 1) ÷ i × (1 + i)

  • P: the monthly investment, made at the start of each month.

  • i: the expected yearly return ÷ 12 ÷ 100, so 12% a year is 1% a month.

  • n: the number of monthly installments, 12 × years.

The last factor, (1 + i), is there because each installment is invested at the start of the month and earns a full month. At a return of 0% the value is P × n.

Example: 500 a month at 12% for 10 years is 120 installments. FV = 500 × (1.01^120 − 1) ÷ 0.01 × 1.01 = 116,169.54. The amount invested is 60,000.00 and the gain 56,169.54 (₹1,16,169.54 when the currency is the rupee).

The return is the same every month, so the result shows no market falls or rises, fund charges, tax or inflation, and the monthly amount does not step up.

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