Free Online Calculators
Future value of a monthly SIP, step-up SIP and lumpsum mutual fund investment
SIP value = P × ((1 + i)^n − 1) ÷ i × (1 + i). ₹10,000 a month for 10 years at an assumed 12% return grows to about ₹23,23,391, of which ₹12,00,000 is invested. The calculator also covers step-up SIPs and lumpsum investments. Returns are not guaranteed.
A SIP of ₹10,000 a month at an assumed 12% annual return grows to about ₹23,23,391 in 10 years, of which ₹12,00,000 is your own money. After 20 years the estimate is ₹99,91,479. Formula: value = P × ((1 + i)^n − 1) ÷ i × (1 + i) with the monthly rate i. Returns are not guaranteed.
| Period | Invested | Estimated value | Estimated returns |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,28,093 | ₹8,093 |
| 3 years | ₹3,60,000 | ₹4,35,076 | ₹75,076 |
| 5 years | ₹6,00,000 | ₹8,24,864 | ₹2,24,864 |
| 7 years | ₹8,40,000 | ₹13,19,790 | ₹4,79,790 |
| 10 years | ₹12,00,000 | ₹23,23,391 | ₹11,23,391 |
| 12 years | ₹14,40,000 | ₹32,22,522 | ₹17,82,522 |
| 15 years | ₹18,00,000 | ₹50,45,760 | ₹32,45,760 |
| 20 years | ₹24,00,000 | ₹99,91,479 | ₹75,91,479 |
| 25 years | ₹30,00,000 | ₹1,89,76,351 | ₹1,59,76,351 |
| 30 years | ₹36,00,000 | ₹3,52,99,138 | ₹3,16,99,138 |
With the formula value = P × ((1 + i)^n − 1) ÷ i × (1 + i), where P is the monthly amount, i the monthly return and n the number of months. ₹10,000 a month for 10 years at 12% gives about ₹23,23,391.
At an assumed 12% annual return, about ₹11,61,695, of which ₹6,00,000 is invested. The actual value depends on market returns.
A step-up SIP increases the monthly instalment every year by a fixed percentage. Starting with ₹10,000 and a 10% yearly step-up, 10 years at 12% grow to about ₹33,74,326.
Neither is always better. A lumpsum is invested for longer and benefits most when markets rise; a SIP spreads purchases over time and reduces the risk of investing everything at a high price.
No. The expected return in the calculator is an assumption. Mutual fund returns change with the market and can be negative in some years.
A systematic investment plan (SIP) invests a fixed amount in a mutual fund at regular intervals, usually every month. Because you buy more units when prices are low and fewer when prices are high, a SIP averages your purchase cost over time. The calculator estimates what your SIP could grow to at an assumed rate of return.
Future value = P × ((1 + i)^n − 1) ÷ i × (1 + i). P is the monthly amount, i the monthly rate (expected annual return ÷ 12 ÷ 100) and n the number of months. The factor (1 + i) at the end means each instalment is invested at the start of the month. ₹10,000 a month for 10 years at 12% gives an estimated value of ₹23,23,391: ₹12,00,000 invested and ₹11,23,391 in estimated returns.
A step-up (or top-up) SIP raises the monthly instalment every year, for example by 10% when your salary increases. Starting with ₹10,000 a month and stepping up 10% every year, 10 years at 12% grow to about ₹33,74,326, with ₹19,12,491 invested. The calculator raises the instalment after every 12 months and compounds every instalment monthly.
A lumpsum is a one-time investment. Its value is P × (1 + r)^t with the annual return r. ₹5,00,000 invested for 10 years at 12% a year grows to about ₹15,52,924.
With compounding, the last years add the most. A ₹10,000 monthly SIP at 12% is worth about ₹23 lakh after 10 years, about ₹1 crore after 20 years and about ₹3.5 crore after 30 years. The table on this page shows the growth year by year.