SIP Calculator
Calculate the future value of your Systematic Investment Plan (SIP) and estimate mutual fund returns.
SIP Details
Investment Summary
What is a SIP Calculator?
A Systematic Investment Plan (SIP) Calculator (or SIP planner calculator) is a powerful tool designed to estimate the wealth you can accumulate by investing a fixed amount of money at regular intervals in mutual funds. It calculates the future value of your investments by applying the principles of compound interest.
How does the SIP Plan Calculator work?
Whether you are using this as an SBI SIP calculator, HDFC SIP calculator, or any other generic SIP planner, the underlying mathematics remains the same. The calculator uses the following standard formula:
FV = P × [((1 + i)n - 1) / i] × (1 + i)
Where:
FV is Future Value, P is SIP amount, i is monthly return rate (Annual Rate / 12 / 100), and n is total months.
Why Should You Use a SIP Planner?
- Goal Setting: Easily figure out how much you need to invest monthly to reach a specific financial goal like buying a house, retirement, or child's education.
- Power of Compounding: Visually see the massive difference compounding makes over a long horizon (10, 20, or 30 years).
- Instant Scenarios: Tweak the expected rate of return and the time period to see best-case and worst-case wealth projections instantly.