Mutual Fund SIP Calculator
Plan your mutual fund investments with our SIP calculator. Estimate corpus growth for ELSS, equity funds, debt funds, and hybrid funds based on expected returns.
Understanding SIP (Systematic Investment Plan)
SIP (Systematic Investment Plan) is a method of investing a fixed amount regularly in mutual funds. It allows investors to buy units on a given date each month, enabling rupee cost averaging and disciplined investing without timing the market.
SIP Formula
M = P × [(1+r)ⁿ - 1] / r × (1+r)
Where: M = Maturity amount, P = Monthly investment, r = Monthly rate (annual%/12/100), n = Total number of months.
Example SIP Returns
| Monthly | Return | Period | Invested | Maturity | Gains |
|---|---|---|---|---|---|
| ₹5,000 | 10% | 5 years | ₹3,00,000 | ₹3,88,820 | ₹88,820 |
| ₹20,000 | 12% | 15 years | ₹36,00,000 | ₹1,00,91,520 | ₹64,91,520 |
Benefits of SIP Investing
- Rupee Cost Averaging: Buy more units when prices are low, fewer when high
- Disciplined Investing: Automatic monthly deductions enforce savings habit
- Power of Compounding: Returns on returns grow wealth exponentially over time
- Flexibility: Start with as low as ₹500, increase/pause/stop anytime
- No Market Timing: Removes emotional decision-making from investing
Frequently Asked Questions
Which mutual fund is best for SIP?
For beginners, index funds (Nifty 50, Sensex) are recommended. For tax saving, ELSS funds offer 80C benefits. Large-cap funds are stable; mid/small-cap offer higher potential returns with higher risk.
Can I change my SIP amount later?
Yes, most fund houses allow you to increase, decrease, pause, or stop SIP anytime. Some offer step-up SIP where amount increases automatically each year (typically 10% annually).