SIP Calculator
Calculate returns on your Systematic Investment Plan — instantly and accurately
SIP Growth Over Time
Year-wise SIP Growth Summary
| Year | Amount Invested | Total Value | Gain |
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What is a SIP Calculator?
A SIP calculator is a free online tool that helps you estimate the future value of your Systematic Investment Plan (SIP) in mutual funds. By entering your monthly investment amount, expected annual return, and investment duration, the SIP calculator instantly shows you how much your money can grow over time.
The BrokerJi SIP calculator is designed for Indian investors and displays results in the Indian number format (lakhs and crores), making it easy to understand your wealth creation potential at a glance.
How to Use the BrokerJi SIP Calculator
Using this online SIP calculator is simple — just adjust three inputs:
- Monthly SIP Amount: The fixed amount you plan to invest every month (e.g. ₹500, ₹5,000, ₹50,000)
- Expected Return Rate: The annual return you expect from your mutual fund (historically 10–15% for equity funds)
- Time Period: How many years you plan to stay invested (longer = more compounding power)
The SIP return calculator updates in real time as you move the sliders, so you can instantly compare different investment scenarios without clicking any button.
SIP Calculator Formula
The SIP calculator uses the standard future value of annuity formula:
M = Maturity Amount
P = Monthly SIP amount
r = Monthly rate of return (annual rate ÷ 12)
n = Total number of months (years × 12)
Example: A monthly SIP of ₹5,000 at 12% p.a. for 10 years gives a maturity value of approximately ₹11.6 lakhs on a total investment of ₹6 lakhs — meaning your money nearly doubles through the power of compounding.
What is SIP (Systematic Investment Plan)?
A Systematic Investment Plan or SIP is a disciplined method of investing a fixed amount in a mutual fund scheme at regular intervals — typically monthly. SIP investing became popular in India because it suits salaried investors who want to build wealth gradually without needing a large lump sum.
SIPs work on the principle of rupee cost averaging — when markets fall, your fixed SIP amount buys more units; when markets rise, you buy fewer units. Over time, this averages out your purchase cost and reduces timing risk significantly.
Benefits of SIP Investment
- Start small: SIPs can be started with as little as ₹100–₹500 per month in many mutual funds
- Rupee cost averaging: Automatically buys more units when markets are low, reducing overall average cost
- Power of compounding: Returns get reinvested, generating returns on returns over long periods
- Flexible: You can pause, increase, decrease, or stop your SIP anytime in most open-ended funds
- Tax efficient: ELSS SIPs qualify for ₹1.5L tax deduction under Section 80C
- Automated: Monthly SIP amount is auto-debited from your bank account — no manual action needed
SIP vs Lumpsum — Which is Better?
SIP Investment
Best for salaried investors. Averages out market volatility. Starts with small amounts. Builds discipline over time. Ideal for goals 5+ years away.
Lumpsum Investment
Best when markets have corrected. Entire capital compounds from day one. Requires a large idle surplus. Sensitive to market timing.
Many experienced investors use both strategies: a monthly SIP for regular income and a lumpsum investment during significant market corrections. Use our Lumpsum Calculator to compare the two approaches side by side.
SIP Returns by Investment Duration
Here's what a monthly SIP of ₹5,000 at 12% p.a. can grow to over different time horizons — calculated using this SIP calculator:
- 5 years: ₹60,000 invested → ₹4.08 lakhs
- 10 years: ₹6 lakhs invested → ₹11.6 lakhs
- 15 years: ₹9 lakhs invested → ₹25 lakhs
- 20 years: ₹12 lakhs invested → ₹49.9 lakhs
- 30 years: ₹18 lakhs invested → ₹1.76 crores
This table illustrates why financial advisors consistently stress starting your SIP early — the last 10 years of a 30-year SIP generate more wealth than the first 20 years combined.
Which Mutual Funds are Good for SIP?
The right fund depends on your risk appetite and investment horizon. Here are general categories suitable for SIP investing:
- Large Cap Funds — Lower risk, stable 10–12% returns, best for 5+ year SIPs
- Flexi Cap / Multi Cap Funds — Balanced exposure, suitable for most investors
- Mid Cap Funds — Higher growth potential, higher volatility, ideal for 7+ year SIPs
- Index Funds (Nifty 50 / Sensex) — Low cost, market-matching returns, great for beginners
- ELSS Funds — Tax saving under 80C with only 3-year lock-in; best tax-saving SIP option
Note: This SIP calculator provides estimates based on a fixed assumed rate. Actual mutual fund returns vary based on market conditions and fund performance. Past returns are not guaranteed.
Frequently Asked Questions about SIP