SIP Calculator
Calculate returns on a Systematic Investment Plan in mutual funds
Estimated Corpus
₹11,61,695
- Total Invested
- ₹6,00,000
- Wealth Gained
- ₹5,61,695
A projection, not a promise — mutual fund returns are not guaranteed.
Investment Summary
- Monthly SIP amount
- ₹5,000
- Total invested
- ₹6,00,000
- Expected return
- 12.0% p.a.
- Wealth gained
- ₹5,61,695
- Maturity value
- ₹11,61,695
Composition
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How this is calculated
Formula
FV = P × [((1 + i)ⁿ − 1) / i] × (1 + i)
- FV
- = future value of the SIP
- P
- = monthly instalment
- i
- = monthly rate = annual rate ÷ 12 ÷ 100
- n
- = number of instalments = years × 12
With your numbers
- 1Monthly ratei = r ÷ 12 ÷ 10012.0% ÷ 12 ÷ 100 = 0.010000
- 2Number of instalmentsn = years × 1210 × 12 = 120
- 3Compound the instalmentsFV = P × [((1 + i)ⁿ − 1) / i] × (1 + i)₹5,000 × [((1 + 0.010000)^120 − 1) ÷ 0.010000] × (1 + 0.010000) = ₹11,61,695
- 4Split the resultgrowth = FV − (P × n)₹11,61,695 − ₹6,00,000 = ₹5,61,695 of growth on 120 instalments
- The trailing × (1 + i) is what makes this a SIP rather than an ordinary annuity: each instalment is invested at the start of the month, so it earns a full month of return.
- Set a step-up above zero and each year gets its own instalment, compounded separately and summed, because the closed form above assumes a constant P.
- No exit load, expense ratio drag or capital gains tax is deducted. The expected return you enter should already be net of the fund’s expense ratio.
What is a SIP?
A Systematic Investment Plan is a way of investing in mutual funds where you put in a fixed amount at regular intervals — usually monthly — instead of a lump sum.
It gives you rupee cost averaging and the benefit of compounding, which is why it suits long-term wealth building on a salary.
What this tool will not do
It will not name a fund, rank an AMC or send you to a broker. BullTimes earns nothing from where you invest, so there is nothing to steer you towards.
What it does is show the arithmetic on the assumptions you supply — including the assumption most likely to be wrong, which is the expected return.
Frequently Asked Questions
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