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SIP Calculator (with Step-Up)

A Systematic Investment Plan lets you invest a fixed amount in mutual funds every month. See how much your SIP could grow to, and how increasing it every year (step-up) speeds up your wealth.

Updated October 2026 · Free · No sign-up · Works on mobile

Increase your SIP by this % every year.

Results appear here as you type.

How to use the SIP Calculator (with Step-Up)

  1. Enter your monthly SIP amount.
  2. Enter an expected yearly return.
  3. Enter how many years you will invest.
  4. Optionally add a yearly step-up.

SIP formula

FV = P × [((1 + r)n − 1) ÷ r] × (1 + r), where P is the monthly SIP, r the monthly return and n the number of months.

Example: ₹5,000 a month at 12% for 15 years grows to about ₹25.2 lakh, of which ₹9 lakh is your investment.

Things to know

  • Equity mutual fund returns vary from year to year. Use 10-12% for long-term planning and keep expectations realistic.
  • Equity gains above ₹1.25 lakh a year are taxed at 12.5% (long-term) when held for over a year.
  • A 10% yearly step-up can almost double your final corpus over 20 years.

Frequently asked questions

Is SIP return guaranteed?

No. Mutual fund returns depend on the market. The calculator shows an estimate using a fixed rate.

What is the minimum SIP amount?

Many mutual funds allow SIPs from ₹100 to ₹500 a month.

What is a step-up SIP?

A SIP where you increase the monthly amount by a fixed percentage every year, usually in line with your salary hike.

These tools give estimates for general guidance and are not financial or tax advice. Rates and rules can change; check official sources before making decisions.