SIP Calculator

I want to invest Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
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I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
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Total Investment
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Total Wealth
I want to save
I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
% Annually
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Total Investment
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Monthly Investment
Top Performing Funds with Returns Upto 17%*
Top Performing Funds for NRIs/OCI/PIO with Returns Upto 22%*
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Sameep Singh
Written By: Sameep Singh
Sameep Singh
Sameep Singh Business Unit Head - Domestic Savings
Mr. Sameep Singh is a Business Unit Head for the domestic Investment Business at policybazaar.com, holding a master's from Symbiosis School of Banking & Finance. He has played a pivotal role in crafting investment and term business strategies during his tenure at Policybazaar. His exceptional leadership has been instrumental in driving both product and business growth throughout his impressive career.
Vivek Jain
Reviewed By: Vivek Jain
Vivek Jain
Vivek Jain Head of Savings business
Mr. Vivek Jain is the Business Unit Head for Investment Business at Policybazaar.com. A graduate of the prestigious IIM Calcutta he brings over a decade of invaluable experience to his current role. In his capacity as Business Unit Head, he has been a driving force behind the success of Policybazaar's Investment business. Mr. Jain is recognized for his instrumental role in product innovation within the Savings/Investment domain. His leadership and expertise have been pivotal in scaling up the Investment business, underscoring his significant contributions to Policybazaar.com's growth and success.

SIP Calculator is a financial tool that calculates potential returns on Systematic Investment Plans. By inputting investment amount, duration, and expected return, it estimates future wealth, helping investors in informed decision-making for systematic and disciplined investment strategies.

  • Insurance Companies
  • Mutual Funds
Returns
Fund Name 3 Years 5 Years 10 Years
Top 200 Fund Tata AIA 26.95% 26.62%
20.75%
View Plan
Virtue II PNB Metlife 24.34% 22.74%
18.61%
View Plan
Pure Equity Birla Sun Life 23.23% 19.16%
17.8%
View Plan
Growth Opportunities Plus Fund Bharti AXA 20.48% 18.66%
17.25%
View Plan
Pure Stock Fund Bajaj Allianz 19.25% 17.35%
17.04%
View Plan
Equity Top 250 Fund Edelwiess Tokio 17.97% 15.55%
15.13%
View Plan
Blue Chip Fund HDFC Standard 16.29% 14.67%
14.33%
View Plan
Growth Super Fund Max Life 16.61% 15.15%
14.11%
View Plan
Multi Cap Growth Fund ICICI Prudential 17.57% 13.55%
13.61%
View Plan
Equity Fund SBI 17.03% 14.58%
13.52%
View Plan

Updated as on February 2024

Compare more funds
Returns
Fund Name 3 Years 5 Years 10 Years
Large Cap Fund Nippon India 24.99% 15.06%
16.79%
Bluechip Fund SBI 17.71% 14.27%
15.41%
Large Cap Fund Edelweiss 16.83% 14.35%
14.28%
Frontline Equity Fund Aditya Birla Sun Life 17.52% 13.21%
14.34%
Bluechip Fund ICICI Prudential 20.34% 14.76%
14.88%
Large Cap Fund Mirae Asset 14.85% 12.99%
16.34%
Bluechip Equity Fund Canara Robeco 15.01% 15.14%
14.38%
Bluechip Growth Kotak 16.41% 14.67%
14.49%
Large Cap Fund Baroda BNP Paribas 15.89% 15.08%
14.61%

Updated as on February 2024

Compare more funds

What is SIP and Why Should You Choose SIP?

Systematic Investment Plan or SIP is a process of investing a fixed sum of money in mutual funds^^ at regular intervals. It promotes consistent saving, minimizes the impact of market volatility, and facilitates wealth growth through compounding, making it a smart and effective wealth-building strategy. 

SIPs in Equity Linked Saving Schemes (ELSS) enjoy the EEE (Exempt, Exempt, Exempt) tax benefit. This means the amount you invest, the returns at maturity, and any withdrawals are all tax-free. Use the mutual fund SIP calculator to plan your investments and reap these tax advantages.

SIP is a smart way to save and grow your money. It helps you save regularly, reducing the impact of market ups and downs. Plus, it lets your money grow over time through compounding. So, SIP is a simple and effective method for building wealth.

What is an SIP Calculator?

An SIP Calculator is a handy digital tool for investors to predict potential returns on mutual fund or ULIP fund investments through Systematic Investment Plans (SIPs). By automating calculations based on monthly investment, expected returns, and investment duration, it estimates the future value of the investment in a user-friendly manner.

How Does SIP Calculator Make You a Better InvestorHow Does SIP Calculator Make You a Better Investor

Example of Using a SIP Calculator

Imagine you're saving for your child's college education. You aim to have ₹20 lakhs in 5 years and can invest ₹30,000 every month. With an expected annual return of 10%, you plug these numbers into the mutual fund SIP calculator.

The calculator shows:

Total amount invested: ₹18 lakhs

Gains: ₹5.42 lakhs

Maturity Value: 23.42 Lakhs (the amount you will get) 

This means your investment has grown significantly, reaching a maturity value of ₹23.42 lakhs. You've not only achieved your ₹20 lakh goal but also gained an additional ₹3.42 lakhs.

In scenarios where you have a fixed monthly investment in mind, using the SIP mutual fund calculator is important for planning your investments effectively.

Formula Used in SIP Calculators 

The SIP calculator works on the basis of the following formula
M = P × ({[1 + i]^n – 1} / i) × (1 + i)
Terms used in SIP Calculator
P
Amount invested at regular intervals
M
Sum you will get upon maturity
n
Number of times payments made
i
Interest rate

How to Use Policybazaar’s SIP Calculator?

With Policybazaar's SIP return calculator, you can calculate your returns on your SIP in 2 ways:

  • When you know your investment amount, it means you have a specific sum of money that you're planning to invest periodically.

  • Knowing your goal amount means achieving a specific financial target within a timeframe. It could be saving for a house, funding education, building a retirement fund, or any other financial goal.

Here are the steps to use the SIP calculator:

If You Know Your Investment Amount:

Step 1: Choose between monthly, yearly, or lump sum payment mode for your SIP.

Step 2: Enter the amount you plan to invest regularly (monthly or yearly) or as a lump sum. You can read the pro tip to better understand how much you should invest.

Step 3: Specify the time period you intend to invest for, typically in years.

Step 4: Input the expected rate of return on your investment.

Step 5: The mutual fund SIP calculator will display real-time results of the total investment amount, the wealth gained from the investment, and the total amount you have accumulated.

If You Know Your Goal Amount:

Step 1: Enter the amount you aim to save, or you want to generate through your investments.

Step 2: Specify the time period you plan to invest for, usually in years.

Step 3: Input the expected rate of return on your investment.

Step 4: The mutual fund SIP calculator will display real-time results of the monthly investment, the total investment you have to make, and the wealth you will gain from that.

To know the investment plans that can help you to generate the targeted wealth, please enter your name & mobile number.

Note- Your credentials are completely secure and will be needed to show you customised plans

Why Use SIP Calculator?

You can use the SIP calculator for strategic financial planning, aligning investments with specific goals. It projects realistic growth, helps in goal setting, and allows scenario analyses for variable adjustments to make informed investment decisions.

  • SIP mutual fund calculator helps in strategic financial planning by projecting investment growth.

  • Align your SIP investments or ULIP investments with specific goals using the mutual fund SIP calculator.

  • The calculator helps in scenario analysis by adjusting variables like investment amount and duration.

  • Assess investment risks with the SIP mutual fund calculator considering factors like expected returns and duration.

Key Takeaways

SIP mutual fund calculators have become an essential tool for today's digitally savvy investors like you. If you want to invest in different funds through SIPs, using the mutual fund SIP calculator is a must for making realistic decisions. With our best SIP mutual fund calculator, you can estimate potential returns and choose the best SIP plans that best suit your needs.

Frequently Asked Questions

  • What is an SIP Calculator?

    An SIP calculator is a tool used to estimate the potential returns on investments made through a SIP plan.
  • What are the benefits of SIP?

    The following are the benefits of investing in a SIP:
    • SIP evens out investment costs over time.
    • It helps you stick to regular investing.
    • You can start small and increase gradually.
    • SIP spreads risk by investing in different assets.
  • Are SIPs equivalent to mutual funds?

    No, SIP is an approach of investing your money in various funds. You can invest a fixed amount at regular intervals, like monthly or quarterly. It is a disciplined way of investing your money.
  • Is SIP safer than lump sum investments?

    Yes, SIPs are generally considered safer than lump sum investments because they mitigate the impact of market volatility through regular, systematic investment, reducing the risk of investing a large sum at an unfavorable time.
  • How can I cancel a SIP?

    If you have started your SIP in an online mode, you can cancel your SIP by choosing the Cancel SIP option for your upcoming transactions. However, if you have started SIP offline, you need to visit the nearest branch or contact a relationship manager to cancel your SIP.
  • What are the types of SIPs available?

    There are 5 different types of SIP plans available in the market. These are as follows: 
    • Top-up SIP
    • Perpetual SIP
    • Trigger SIP
    • Flexible SIP
  • What if I invest ₹10,000 in SIP for 5 years?

    Using the SIP calculator, you can estimate your returns if you invest ₹10,000 per month in an SIP for 5 years. Taking into account that the expected rate of return per annum is 12% 
    • Your invested amount will be: ₹6,00,000
    • Estimated Returns will be will be: ₹2,24,864
    • The total value of your returns will be: ₹8,24,864
  • What is the SIP of ₹5000 per month for 10 years?

    If you invest ₹5,000 per month in a Systematic Investment Plan (SIP) for a period of 10 years, assuming an average annual return of 12% on your SIP investment, using the SIP calculator, your returns will be: 
    • Your invested amount will be: ₹6,00,000
    • Estimated Returns will be will be: ₹5,61,695
    • The total value of your returns will be: ₹11,61,695
  • What if I invest ₹30,000 in SIP for 5 years?

    If you invest ₹30,000 per month in a Systematic Investment Plan (SIP) for a period of 5 years, assuming an average annual return of 12% on your SIP investment, using the SIP calculator, your returns will be:
    • Your invested amount will be: ₹18,00,000
    • Estimated Returns will be will be: ₹6,74,591
    • The total value of your returns will be: ₹24,74,591
  • What are the four important principles of SIP?

    • Start as early as possible 
    • Invest on a regular basis 
    • Invest the right amount 
    • Stay invested for the long tenure
  • What is the 15 Rule in SIP?

    The 15 Rule in SIP, also known as the 15-15-15 rule, is a simplified concept suggesting you can potentially accumulate ₹1 crore by investing ₹15,000 per month for 15 years in a mutual fund with a 15% annual return (powered by compounding).

    Remember: This is a hypothetical example and actual returns may vary.

  • What if I invest ₹20,000 in SIP for 20 years?

    If you invest ₹20,000 per month in a Systematic Investment Plan (SIP) for a period of 20 years, the final investment value will be:

    Assuming an average annual return of 12% on your SIP investment

    Total Investment Amount: ₹20,000 per month x 12 months x 20 years = ₹48,00,000

    Investment value:

    PMT = Monthly investment amount = ₹20,000

    r = Annual interest rate (adjusted to 12% divided by 12 for monthly investment) = 0.01

    n = Number of investment periods (months) = 20 years x 12 months = 240

    Investment value = [PMT x ((1 + r)^n - 1) / r]

    Investment value = [20,000 x ((1 + 0.01)^240 - 1) / 0.01]

    Investment value ≈ ₹1,99,82,958
    Estimated Rate of Returns will be: ₹1,51,82,958

  • Which is the best SIP for 1000 per month?

    The following table lists the best SIP Plans for an investment of Rs. 1,000 per month:
    SIP Plan Name NAV*  (in Rs.) Fund Size Annualized 5 - Year Returns
    ULIP Funds
    HDFC Life- Discovery Fund 29.41 Rs. 3,020 21.9%
    HDFC Life - Opportunities Fund 59.23 Rs. 31,393 Cr 16.60%
    Kotak Life – Frontline Equity Fund 52.72 Rs. 2,317 Cr 16.30%
    Bajaj Life – Accelerator Mid-cap Fund II 64.82 Rs. 5,017 Cr 15.00%
    Bajaj Life – Pure Stock Fund 64.82 Rs. 5,250 Cr 14.70%
    Mutual Funds
    Quant Active Fund 567.33 Rs. 6,060 Cr 20.55%
    Parag Parikh Flexi Cap Fund 67.01 Rs. 44,038 Cr 19.83%
    Quant Focused Fund 74.94 Rs. 417 Cr 17.76%
    Edelweiss Large & Mid Cap Fund 75.17 Rs. 2,221 Cr 16.34%
    Kotak Equity Opportunities Fund 284.94 Rs. 15,261 Cr 17.03%

    *NAV of funds as of 01 January 2024

  • What if I invest 1000 Rs in SIP for 20 years?

    If you invest ₹1,000 per month in a Systematic Investment Plan (SIP) for a period of 20 years, the final investment value will be:

    Assuming an average annual return of 12% on your SIP investment

    • Your invested amount will be: ₹2,40,000
    • Estimated Returns will be will be: ₹7,59,148
    • The total value of your returns will be: ₹9,99,148
  • What if I invest 10000 in SIP for 5 years? 

    If you invest 10,000 INR in a Systematic Investment Plan (SIP) for 5 years, the final investment value will depend on the returns generated by the investments made through the SIP.
    Assuming an average annual return of 10% on your SIP investments for 5 years, the maturity returns will be approximately Rs. 16,105.
  • What is the SIP of 5000 per month for 10 years?

    If you invest Rs. 5,000 per month in a Systematic Investment Plan (SIP) for a period of 10 years, assuming an average annual return of 12% on your SIP investment, the calculation will be:
    • Total Investment Amount: Rs. 5,000 per month x 12 months x 10 years = Rs. 6,00,000

    • Investment value = [PMT x ((1 + r)^n - 1) / r]

    Where: 

    • PMT = Monthly investment amount = Rs. 5,000

    • r = Annual interest rate (assuming 12% divided by 12 for monthly investment) = 0.01 

    • n = Number of investment periods (months) = 10 years x 12 months = 120

    • Investment value = [5,000 x ((1 + 0.01)^120 - 1) / 0.01] 

    • Investment value ≈ Rs. 15,24,190

  • What if I invest 30,000 in SIP for 5 years?

    A SIP of Rs. 30,000 for 5 years would have earned a profit of about Rs. 15, 31, 850.
  • What if I invest 20,000 in SIP for 20 years?

    If you invest Rs. 20,000 per month in a Systematic Investment Plan (SIP) for a period of 20 years, the final investment value will be:
    • Assuming an average annual return of 10% on your SIP investment
    • Total Investment Amount: Rs. 20,000 per month x 12 months x 20 years = Rs. 48,00,000
    • Investment value = [PMT x ((1 + r)^n - 1) / r]

    Where:

    • PMT = Monthly investment amount = Rs. 20,000
    • r = Annual interest rate (assuming 10% divided by 12 for monthly investment) = 0.00833
    • n = Number of investment periods (months) = 20 years x 12 months = 240
    • Investment value = [20,000 x ((1 + 0.00833)^240 - 1) / 0.00833]
    • Investment value ≈ Rs. 2,58,72,355

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^10(10D) Tax benefit are for Investments made up to Rs.2.5 L/ yr and are subject to change as per tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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What is an SIP Calculator? | How to Calculate & Choose a SIP Plan in 2024?

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