SIP Calculator — Calculate Monthly SIP Returns & Maturity Amount
Calculate your SIP maturity amount and total wealth gain instantly. Enter your monthly investment, expected return rate, and tenure to see a complete year-by-year corpus projection — powered by the standard compound growth formula used by all SEBI-registered mutual funds. Free, accurate, no sign-up required.
This SIP calculator uses the standard future-value-of-annuity formula prescribed by AMFI (Association of Mutual Funds in India) and consistent with SEBI's investor education guidelines. Historical return benchmarks are sourced from BSE India Sensex data. All calculations are client-side — no data is transmitted or stored. Last reviewed: June 2026. Mutual fund investments are subject to market risks.
SIP Calculator India — Complete Guide to SIP Returns, Formula & Wealth Building
A SIP (Systematic Investment Plan) is the most accessible wealth-building tool available to Indian investors — and the most underused. You don't need a large lump sum, expertise in stock picking, or a demat account. You need just three things: a fixed monthly amount, a mutual fund, and time. This calculator shows you what those three inputs produce — in exact rupees, year by year.
The key insight most SIP investors miss: the wealth gain in the later years is exponentially larger than the early years. A ₹5,000/month SIP at 12% builds ₹5.62 lakh in wealth gain over 10 years. The same SIP held for 20 years builds ₹37.96 lakh. For 30 years: ₹1.58 crore. The invested amount tripled (₹6L → ₹18L), but the wealth gain grew 28×. That is compounding — and it only works if you stay invested long enough.
SIP Return Calculation Formula
The formula used by all mutual fund platforms and AMCs in India:
Example: ₹10,000/month SIP at 12% p.a. for 10 years → r = 0.01, n = 120 → M = ₹23.23 lakh. Invested = ₹12 lakh. Wealth gain = ₹11.23 lakh — nearly equal to what you put in.
SIP Returns — What ₹5,000/Month Can Build
| Period | Invested | @ 10% p.a. | @ 12% p.a. | @ 15% p.a. |
|---|---|---|---|---|
| 5 Years | ₹3 Lakh | ₹7.74 L | ₹8.16 L | ₹8.94 L |
| 10 Years | ₹6 Lakh | ₹10.33 L | ₹11.62 L | ₹13.93 L |
| 15 Years | ₹9 Lakh | ₹20.84 L | ₹25.23 L | ₹33.94 L |
| 20 Years | ₹12 Lakh | ₹38.28 L | ₹49.96 L | ₹75.79 L |
| 25 Years | ₹15 Lakh | ₹66.54 L | ₹94.88 L | ₹1.62 Cr |
| 30 Years | ₹18 Lakh | ₹1.14 Cr | ₹1.76 Cr | ₹3.50 Cr |
SIP Returns Reference — Popular Monthly Amounts (12% p.a., 15 Years)
| Monthly SIP | Total Invested | Maturity Value | Wealth Gain |
|---|---|---|---|
| ₹1,000 | ₹1.80 L | ₹5.05 L | ₹3.25 L |
| ₹3,000 | ₹5.40 L | ₹15.14 L | ₹9.74 L |
| ₹5,000 | ₹9.00 L | ₹25.23 L | ₹16.23 L |
| ₹10,000 | ₹18.00 L | ₹50.46 L | ₹32.46 L |
| ₹25,000 | ₹45.00 L | ₹1.26 Cr | ₹81.15 L |
| ₹50,000 | ₹90.00 L | ₹2.52 Cr | ₹1.62 Cr |
SIP vs Lump Sum — Which Builds More Wealth?
The answer depends on market conditions and your investment behaviour. Over long horizons in volatile markets, both approaches tend to converge. SIP wins when:
- You are a salaried investor investing from monthly income (no large lump sum available)
- Markets are volatile or overvalued at entry — SIP averages your cost over time
- You want to remove the psychological burden of timing the market
Lump sum wins when markets are clearly undervalued and you have the capital ready. Most retail investors benefit more from SIP purely because it enforces discipline and removes the paralysis of deciding "when to invest." Use our Lump Sum Calculator to compare both scenarios side by side.
How to Start a SIP in India (Step-by-Step)
Starting a SIP takes under 10 minutes today through digital platforms:
- Complete KYC: One-time process. Use DigiLocker or CKYC on any AMC website or platform. PAN + Aadhaar required.
- Choose a platform: Direct plans via AMC website (lowest cost, no distributor commission) or through platforms like Zerodha Coin, Groww, ET Money, or MFCentral.
- Select a fund: For long-term wealth creation (10+ years), large-cap or flexi-cap equity funds are standard starting points. For tax saving, choose ELSS. For short-term (1–3 years), choose liquid or short-duration debt funds.
- Set SIP date and amount: Choose any date between 1–28. Auto-debit will pull the specified amount from your savings account on that date each month via NACH mandate.
- Link your bank account: OTP-based NACH registration — no cheque required on most platforms.
ELSS SIP — Earn Returns + Save Tax Under Section 80C
ELSS (Equity Linked Savings Scheme) funds offer the unique combination of equity-linked returns and Section 80C tax deduction (up to ₹1.5 lakh per year under the old tax regime). Among all 80C instruments, ELSS has the shortest lock-in (3 years per instalment vs 15 years for PPF) and historically the highest returns (12–15% CAGR over 10+ years). A ₹12,500/month ELSS SIP saturates the full ₹1.5 lakh 80C limit annually — saving ₹46,800 in tax at the 30% bracket while building a long-term corpus.
Key rule: Each monthly SIP instalment in ELSS has its own 3-year lock-in. So a SIP started in January 2025 — the January 2025 instalment unlocks in January 2028, February 2025 instalment in February 2028, and so on. You can run an ELSS SIP indefinitely and redeem individual units as each instalment completes its 3-year lock-in.
SIP and Banking Codes — What You Need to Set Up Auto-Debit
Every SIP auto-debit runs through the NACH (National Automated Clearing House) system — the same infrastructure used for EMI auto-debits and utility bill payments. When registering your NACH mandate for SIP, your mutual fund platform will ask for your bank account's:
- IFSC Code — uniquely identifies your bank branch for NACH mandate registration. Look it up here if you don't have it.
- MICR Code — used in some older bank mandate processes. Required for select AMC mandate forms.
- Account Number — your savings account from which SIP will be debited.
Once the NACH mandate is approved (typically takes 1–2 SIP cycles), auto-debit runs silently on your chosen date every month.
Planning Your Financial Goals with SIP
- Child's education (15 years away): ₹10,000/month SIP at 12% = ₹50.46 lakh. For a target of ₹1 crore, you need ~₹19,820/month.
- Retirement corpus (25 years): ₹15,000/month at 12% = ₹1.90 crore. Add a 10% annual step-up and the same SIP becomes ₹4.80 crore.
- Home down payment (5 years): For ₹20 lakh target, invest ₹24,000/month at 10% (debt-oriented balanced fund — lower risk for short horizon).
- Emergency fund base (2 years): ₹5,000/month in a liquid fund at 6.5% builds ₹1.29 lakh — use as a foundation before moving to equity SIPs.
Historical return data sourced from AMFI India and BSE India. Projected returns are illustrative — actual mutual fund returns are market-linked and not guaranteed. Last reviewed Jun 2026 by BankZop Financial Editorial Team. Mutual fund investments are subject to market risks.