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    • SIP Calculator

    SIP Calculator

    A systematic Investment Plan or SIP helps you make small investments in mutual funds at regular intervals to grow your money in the smartest way possible. A SIP calculator is an online tool that helps you estimate the returns from your SIP investment. Use our SIP calculator to see how much your investment can grow if you invest today.

    Best SIP Mutual Funds of 2021

    These are the best mutual funds selected by Scripbox

    • Best SIP funds for 1 year
    • Best SIP funds for 5 year
    • Best SIP funds for 10 year
    Axis Bluechip Fund (G)

    Axis Bluechip Fund (G)

    Large Cap

    Recommended

    Top Ranked

    ₹ 32,212 Cr

    Fund Size

    18.19%

    5 Year CAGR

    5 Y CAGR

    Invesco India Growth Opportunities Fund (G)

    Invesco India Growth Opportunities Fund (G)

    Diversified

    Recommended

    Top Ranked

    ₹ 4,153 Cr

    Fund Size

    15.96%

    5 Year CAGR

    5 Y CAGR

    Mirae Asset Large Cap Fund (G)

    Mirae Asset Large Cap Fund (G)

    Large Cap

    Recommended

    Top Ranked

    ₹ 29,425 Cr

    Fund Size

    16.60%

    5 Year CAGR

    5 Y CAGR

    Parag Parikh Flexi Cap fund (G)

    Parag Parikh Flexi Cap fund (G)

    Diversified

    Recommended

    Top Ranked

    ₹ 14,590 Cr

    Fund Size

    22.22%

    5 Year CAGR

    5 Y CAGR

    Why invest in SIP mutual funds?

    We automate best practice investing process for you, no matter what your investment needs are. For everything else, our customer support is there 7 days a week 8 am to 8 pm to help you

    Learn how it works

    Simple and Convenient

    Simple and Convenient

    All the mutual fund SIPs can be tracked easily. Eliminate the worry to time the market each time.

    Manage Risk

    Manage Risk

    Investing regularly via SIP helps you manage market volatility better.

    Financial Planning

    Financial Planning

    Saving by investing regularly is the best habit, and every investor needs to inculcate it.

    Financial Discipline

    Financial Discipline

    SIPs help you automate financial discipline by ensuring money gets invested periodically.

    Top Mutual Fund Calculator

    Use SIP Calculator from Top Mutual Fund Providers and Start Your SIP

    Aditya Birla Sun Life Mutual Funds

    Mutual funds by Aditya Birla Sun Life recommended by Scripbox.

    Canara Robeco Mutual Funds

    Mutual funds by Canara Robeco recommended by Scripbox.

    Franklin Templeton Mutual Funds

    Mutual funds by Franklin Templeton recommended by Scripbox.

    ICICI Prudential Mutual Funds

    Mutual funds by ICICI Prudential recommended by Scripbox.

    HDFC Mutual Funds

    Mutual funds by HDFC recommended by Scripbox.

    UTI Mutual Funds

    Mutual funds by UTI recommended by Scripbox.

    Principal Mutual Funds

    Mutual funds by Principal recommended by Scripbox.

    Nippon Life Mutual Funds

    Mutual funds by Nippon Life recommended by Scripbox.

    Axis Mutual Funds

    Mutual funds by Axis recommended by Scripbox.

    See all 41 top banks

    How to invest in SIP mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    choose fd plan

    Choose an SIP mutual fund that suits your need

    Choose the MF you want to start investing in.more...

    create account

    Create an account

    Create an account with Scripbox through a paperless process, to invest in this fundmore...

    invest online

    Invest online and transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).more...

    track investments

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard more...

    Invest in mutual funds based on your needs

    Start investing in mutual funds based on various categories provided by top AMCs

    Category Based FDs

    Best Equity Mutual Funds for SIP

    Top performing equity mutual funds

    Most popular articles on mutual funds and its returns

    SIP Calculator

    Calculate the return on your SIP investments when you Invest via SIP using this calculator. A Systematic Investment Plan (SIP) helps you to make small investments in mutual funds at regular intervals that can grow your money in the smartest way possible. Tell us how much you can start with investing (it can be as low as Rs.1000 per month) and we will tell you, based on our SIP return calculator, how much your money would have grown.

    sip calculator

    What is a SIP Calculator?

    A SIP Calculator is an online tool that estimates the return from a SIP investment. The calculator works on the inputs given by the user. It requires simple inputs like investment amount or target amount, expected rate of return, investment tenure, and step-up rate. Scripbox’s SIP calculator gives the output in both graphical and chart format. The investment amount, potential capital gains and maturity amount are clearly shown.

    The calculator works on the investment amount approach and target amount approach. The investment amount approach is the most used one where the investor inputs the investment amount, return expected, tenure and step-up amount. The target amount approach uses the target amount the investor wants to achieve in the said duration to estimate the current investment required.

    Scripbox’s SIP calculator estimates the return in terms of maturity amount based on three different growth scenarios. They are above average, average, and below-average.

    It is to be noted that the SIP calculator only gives an estimate based on the inputs provided. The calculator doesn’t guarantee any returns. The return from any mutual fund depends on the performance of the fund. Also, the actual return from the mutual fund investment can be higher or lower than the estimate provided by the calculator.

    sip calculator

    How does the SIP Calculator work?

    SIP calculators estimate potential return using the compound interest formula. The calculator takes into account the number of times compounding is applicable and estimates the potential returns. Furthermore, the SIP calculator requires one to enter the monthly amount they want to invest, the duration of the investment (in years) and the expected rate of return on the SIP.

    The online SIP calculator will automatically calculate the maturity amount and also the wealth to be gained from the mutual fund investments. One can also choose to enter the target amount matching their financial goal and reverse calculate the monthly amount to be invested for the given tenure and rate of growth.

    How is SIP return calculated?

    SIP return can be calculated using absolute return, annualized returns, CAGR, and XIRR. However, CAGR is the most effective method to estimate SIP returns.

    CAGR or Compound Annual Growth Rate is the rate at which an investment grows each year for the entire tenure of the investment. Following is the formula of CAGR:

    CAGR = (ending value/beginning value) ^ (1/number of years or months) – 1*100

    Where,

    Ending value is the NAV at the time of withdrawal,

    Beginning value is the NAV at the time of investment.

    A number of months or years is the tenure of the investment.

    Example

    Mr Anudeep has invested INR 2,52,000 (INR 3,000 a month) in a mutual fund when the NAV is INR 20. At the time of withdrawal after seven years, the NAV is INR 50. Using the CAGR formula, we can estimate SIP returns for Mr Anudeep.

    CAGR =(ending-value/beginning – value) ^ (1/number-of-years) – 1* 100

    CAGR = (((50/20) ^ (1/7)) – 1) * 100

    Compounded Annual Growth Rate = 13.98%

    This means the investment has grown 13.98% each year for a tenure of 7 years.

    The return will remain the same in terms of months as well.

    CAGR = (((50/20) ^ (12/84)) – 1) * 100

    CAGR = 13.98% ~ 14%

    Hence the investment of INR 2,52,000 will grow to INR 4,29,076 in 7 years.

    How to use Scripbox’s Systematic Investment Calculator?

    While investing, everyone is curious to estimate their potential returns. Estimating returns ensures the investor whether or not the chosen SIP will help them realize their financial goals or not.

    Scripbox’s online SIP calculator is available on our website. One can estimate the potential returns on their SIPs at the end of their investment tenure with the help of our SIP calculator. Scripbox’s SIP calculator provides two approaches to estimating the wealth and maturity amount, i.e. ‘Investment Amount’ and ‘Target Amount’.

    Investment Amount Approach

    The investment amount approach to estimate potential SIP returns will help individuals who know how much they like to invest monthly. Under this approach, one has to follow the below steps to determine their potential returns:

    • Firstly enter the monthly investment amount
    • Next, enter the expected growth rate
    • Enter the investment duration in years
    • Finally, enter the step up percentage. Step Up is an increase in the investment amount every year in line with the investor’s income growth. In other words, investors can increase their SIP investments every year by the step-up %. This helps to achieve financial goals faster and systematically. The step-up % should generally be equal to the rise in the individual’s annual pay.

    The calculator will automatically estimate the potential gains at the end of the investment tenure. Also, one can view the calculation of SIP Maturity Amount either in a chart or table form. The investment graph provides a visualization of the maturity amount and the wealth gained during the investment tenure. In the table format, one can easily identify the Step-Up value every year (indicated with a blue arrow).

    Furthermore, the Scripbox SIP calculator estimates maturity amount based on three growth scenarios – Above average returns, average returns and below-average returns.

    Target Amount Approach

    The target amount approach helps in estimating the monthly investment (SIP) amount one needs to invest to achieve their financial goal. However, for this, one should know the final amount they wish to have at the end of the investment tenure. Under this approach, one has to follow the below steps to determine the monthly investment amount:

    • Firstly, provide the expected target amount
    • Now, enter the expected growth rate
    • Next, enter the investment duration in years
    • Finally, enter the step up percentage. Step Up is an increase in the investment amount every year in line with the investor’s income growth. In other words, investors can increase their SIP investments every year by the step-up %. This helps to achieve financial goals faster and systematically. The step-up % should generally be equal to the rise in the individual’s annual pay.

    The calculator will automatically estimate the SIP target amount. Also, in the ‘Calculation of the SIP target amount’ table, one can find the details of their investments. Such as years, investment amount, interest earned and maturity amount. Furthermore, in the table, one can easily identify the Step-Up value every year (indicated with a blue arrow).

    Furthermore, it is important to know that mutual fund investments are subject to market risks. Hence, investors should be mindful of the risks and understand the calculator is just an estimate of the potential returns and doesn’t guarantee them.

    What are the Benefits of the SIP Calculator?

    Research and analysis are necessary before making an investment decision. Also, one must estimate the potential returns before investing to analyze if it is a profitable investment opportunity or not. Furthermore, it is essential to make sure the financial objective of the investor and the investment objective of the asset are aligned. This enables investors to choose the right asset that will help them realize their goals faster.

    The following are the benefits of the SIP calculator or mutual fund SIP return calculator:

    Estimate maturity amount

    The SIP calculator helps investors to estimate their potential returns at the end of the investment duration. It also helps in estimating the monthly investment amount if the investor knows how much they want to earn at the end of their investment tenure.

    Easy to use

    Scripbox’s SIP calculator is quite easy to use and navigate. One has to enter the required details to estimate their returns. Also, the calculator saves investor’s time from doing complex calculations. The calculator estimates the maturity amount and also the monthly investment amount within seconds.

    Graphical and Tabular Representation

    The calculator shows the return estimates in both graphical and tabulated forms. This helps investors to interpret the returns and make informed decisions easily.

    Maturity amount based on growth scenarios

    The SIP calculator estimated the returns based on three growth scenarios. The three growth scenarios are based on above average, average and below-average returns. Therefore, potential investors can choose the scenario that aligns with their investment requirements and start investing.

    Step Up

    The Scripbox SIP calculator provides an opportunity for the investor to step-up their investments annually. In other words, stepping up SIPs will help in achieving the financial goals faster. Also, the step-up details can be found in the table format of the maturity amount estimation.

    Informed Decision

    Investors can compare multiple return scenarios using the free online SIP calculator and also make the right investment decisions that will help them earn significant returns.

    How to invest in a Systematic Investment Plan?

    The SIP mutual fund investments can be made in the following 3-steps:

    Step 1

    Understand the objective of the investment before moving forward with the investment. Once your financial goals are set, it will help you in identifying the right asset class for your investment.

    Step 2

    Choose the right category of a mutual fund based on the exposure you wish to have in equity or debt as per step-1.

    Before actually making the investment, you will be required to complete the application form, submit identity and address proof and complete KYC details.

    Step 3

    Select the date of SIP. You can either do it yourself or enable the auto-debit option. Under this, the amount will automatically debit from your bank account on the specified date.

    Frequently Asked Questions

    Is SIP better or a lump sum?

    The answer lies in your own investment goals and cash flows in hand. If you have a huge amount with you and you are looking for an investment opportunity, you can consider investing a lump sum amount in mutual funds.
    However, if you are looking for a disciplined investment over a period of time with a fixed amount, you can opt for the SIP mode of investment. You can refer to our complete guide on how to choose between SIP and lumpsum mode on investment.

    Which is better FD or SIP?

    The decision of FD vs SIP or which is better FD or SIP depends on the objectives of an investor, type of investment solution, and the understanding or acceptance of risk. There are multiple common grounds on which you can compare both the options like returns, liquidity, tax, investment objective, and risk. An investor who wants to invest in a secure and pre-determined interest providing an investment option can consider FD.
    Whereas an investor who is ready to accept market fluctuations associated with mutual funds can invest in a fund through SIP. You must compare both options and choose the option that suits your investment objectives.

    Is SIP tax-free?

    SIP is a method of investing in a mutual fund. The taxability of mutual funds depends on their type and the period of investment. So, a SIP is not always tax-free. If you invest in an equity-linked saving scheme ELSS mutual fund, the returns will be tax-free. If you invest in equity mutual funds and invest for 12 months, you will receive short-term capital gain and pay tax @ 15% + cess + surcharge. However, if you stay invested for more than 12 months, then you will earn long-term capital gains and pay tax @ 10% + cess + surcharge if the gain is more than Rs 1 lakh.
    Now, let’s say you invest in debt funds and withdraw before 36 months, then you will earn STCG and pay tax at the slab rate applicable. However, if you withdraw after 36 months of investments, then the LTCG will taxable at the rate of 20% + cess + surcharge.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.