Calculate the future value of your monthly SIP (Systematic Investment Plan) based on your monthly contribution, expected annual return and investment period.
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A SIP invests a fixed amount every month, and each installment compounds for a different length of time depending on when it was invested. The maturity value is calculated using the future value of a growing annuity formula: M = P × [((1 + i)^n − 1) / i] × (1 + i), where P is the monthly investment, i is the monthly rate of return, and n is the total number of monthly installments.
For example, investing 5,000 per month for 15 years (n = 180) at an expected annual return of 12% (i = 1% monthly) grows to roughly 25.2 lakh, compared to a total invested amount of 9 lakh, meaning about 16.2 lakh comes purely from investment growth.
Because SIP returns compound monthly, earlier installments have far longer to grow than later ones. This is why extending the investment period, even by a few years, tends to have a much larger impact on the final maturity amount than increasing the monthly contribution by a similar percentage.
This depends on where you're investing. Equity mutual funds have historically returned around 10-15% annually over the long term, but returns aren't guaranteed and vary by fund and market conditions. Use a conservative estimate for planning purposes.
No, this calculator estimates gross returns based on your expected annual rate. Actual returns from a mutual fund SIP will be reduced by fund expense ratios and any applicable exit loads.
This calculator is designed for recurring monthly investments. For a one-time lump sum, use our Compound Interest Calculator instead.
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