How to Use the SIP Calculator

Enter your monthly SIP amount, the expected annual return (historical average for equity mutual funds is 12–15%), and the investment period to see the projected corpus you can build.

SIP Formula

Future Value = P × [(1+r)ⁿ – 1] / r × (1+r)

Where P = Monthly SIP amount, r = Monthly rate of return (Annual return ÷ 12 ÷ 100), and n = Total number of months.

Why Start a SIP Early?

• A ₹5,000/month SIP at 12% return for 20 years grows to over ₹49 lakh, while the total invested amount is only ₹12 lakh.
• Starting 5 years earlier can almost double your final corpus due to compounding.
• SIPs in ELSS mutual funds also qualify for tax deductions under Section 80C (up to ₹1.5 lakh per year).
• Rupee cost averaging through SIPs helps reduce the impact of market volatility.