Inputs
Provide SIP amount, expected return and duration.
How SIP Compounds
Each month balance grows, then new SIP adds. Gains also compound.
Why Use SIP?
- Rupee‑cost averaging
- Start small
- Compounding
- Flexible
FAQ
- Min?
- ₹500+.
- Duration?
- 5y+ ideal.
- Change?
- Usually flexible.
Projected corpus given current inputs (tax & fees ignored).
i SIP Guide & Information
Expand sections to dive deeper. Educational only – not investment advice. Numbers ignore tax, fees & market volatility.
SIP Calculator Overview
A Systematic Investment Plan (SIP) automates disciplined investing by pulling a fixed rupee amount at a fixed frequency (monthly here) into a mutual fund. This calculator turns those cash flows plus an assumed annual return into a projected future value.
Think of it as reverse‑engineering a compound interest curve made of many small deposits instead of one lump sum.
What is a SIP Calculator?
The engine loops through each month (n = years × 12
): grow existing balance by monthly rate, then add the new SIP amount. We summarise the timeline yearly for clarity while preserving math accuracy.
- Input: Monthly contribution (₹)
- Input: Expected annual return (%)
- Input: Duration (years)
- Outputs: Total invested, total gain, final (maturity) value
Benefits & Use Cases
- Goal mapping: Approximate how far your current SIP takes you toward a corpus target.
- Adjustment lever: See impact of +₹500 or +1 year immediately.
- Discipline cue: Visual curve reinforces staying invested during volatility.
- Expectation framing: Distinguish principal vs market‑generated gains.
- Conversation aid: Useful when explaining compounding to new investors.
How Compounding Works
Monthly rate (approx): r_m = annual % / 12
. (For higher precision one could use (1+r)^(1/12)-1
.)
Loop: balance = balance × (1 + r_m) + contribution
. Repeated for each month. Gains themselves earn further gains creating an accelerating curve.
Key drivers: start early, stay consistent, step-up amount with income growth, avoid interrupting compounding unnecessarily.
Market returns are lumpy – the real path will zig‑zag around the smoothed projection.
Picking a Return Assumption
- Equity diversified funds (long-term India): often 10–12% conservative assumption.
- Debt funds: 6–8% depending on duration & credit risk.
- Aggressive thematic/small-cap: Resist using recent cycle highs (can mislead planning).
- Always model a lower scenario to stress test plans.
Risks & Caveats
- Sequence risk: Poor early years slow compounding pace.
- Inflation drag: Nominal growth overstates real purchasing power.
- Behavioral risk: Stopping SIPs during downturns locks in underperformance.
- Cost impact: Expense ratios reduce net returns (not modelled).
- Tax impact: Capital gains tax can lower realised value.
Tax & Cost Considerations
Model ignores taxation. For equity mutual funds in India: units held >12 months usually qualify for long‑term capital gains (LTCG) tax after exemption limit; short‑term gains are taxed at higher rate. Debt fund taxation rules differ (indexation no longer available for many categories).
Expense ratio and possible exit load subtly reduce effective return – incorporate by lowering assumed % a little.
Worked Example
₹5,000 / month for 15 years @ 11% annual (≈0.916% monthly): final corpus ≈ ₹20.8L; invested ₹9.0L; gain ≈ ₹11.8L (≈57% of final value). Extending to 20 years roughly doubles the gain share due to later‑stage compounding acceleration.
Practical Improvement Tips
- Upgrade SIP yearly with salary hikes (step‑up strategy).
- Avoid timing – keep automated; evaluate annually.
- Diversify across styles/market‑caps to smooth variance.
- Use conservative return assumptions for planning; celebrate upside.
- Track expense ratios; switch persistently underperforming funds prudently.
FAQs
- Is monthly rate precise?
- We approximate with annual/12; precision tweak is possible but changes output marginally.
- Can I target a corpus?
- Iteratively adjust contribution or years until maturity ≈ target. (Future feature: goal solver.)
- Pause allowed?
- Most platforms allow temporary pause; longer breaks reduce final gain disproportionately.
- When to increase SIP?
- Consider annual step-up aligned with salary increments or inflation.
- Multiple SIPs?
- Yes; conceptually aggregate all contributions to model a blended plan.