This calculator uses the standard SIP future-value formula with monthly compounding: FV = P × [((1+i)^n − 1) / i] × (1+i), assuming each instalment is invested at the start of the month. P is monthly amount, i is monthly return rate, n is total months.

Equity mutual funds have historically delivered wide ranges over long periods, but past performance is not indicative of future returns. Many planners use conservative assumptions (e.g., 10–12% for equity, lower for debt) for illustration only.

No. SIPs invest in market-linked mutual fund units. NAV fluctuates daily. SEBI regulations require mutual funds to disclose that investments are subject to market risks.

SIPs suit regular earners who want disciplined investing without timing the market. Lumpsum may outperform if markets rise steadily after investment, but carries higher entry-timing risk. Use both calculators to compare scenarios.

SIP itself is not a tax-saving instrument unless you invest in an ELSS (tax-saving) mutual fund under Section 80C. Capital gains tax applies on redemption per holding period rules.

Most fund houses allow SIPs from ₹100–₹500 per month depending on the scheme. There is no statutory minimum — check the scheme information document.

Yes. SIPs can typically be cancelled or paused through your distributor or AMC portal. Stopping does not affect units already allotted.

No. Exit load, expense ratio and securities transaction tax are not deducted. Redemption value will differ from projected maturity.

When you invest a fixed amount regularly, you buy more units when NAV is low and fewer when NAV is high. Over time, your average purchase cost may smooth out market volatility — the main behavioural benefit of SIP.

Bank RDs offer a contracted fixed rate. SIPs invest in mutual funds with variable NAV. Compare with our RD calculator for guaranteed deposit returns.

Step-up increases your monthly SIP once a year by a chosen percentage (for example 10%). Higher later contributions raise total invested amount and projected corpus. Goal mode uses a flat SIP (no step-up) so the required monthly amount is unambiguous.

Enter the corpus you want, expected return and years. The calculator solves for the flat monthly SIP needed using the same future-value formula inverted: P = Goal ÷ ([((1+i)^n − 1) / i] × (1+i)).

It discounts the projected maturity to today’s purchasing power using your assumed inflation rate. Use it to check whether the corpus still meets a real-world goal after price rise.

It depends on expected return and tenure. Roughly, at 12% p.a., a flat SIP of about ₹10,000/month for ~20 years can approach ₹1 crore in illustrations — enter ₹1 crore in goal mode or use the Goal SIP calculator. Returns are not guaranteed.

Enter monthly SIP, 20 years and 12% expected return to see projected corpus and invested amount. Equity MF returns are market-linked and not guaranteed; use lower rates for conservative plans.

Switch to goal mode, enter the down-payment target (inflate today’s price if needed), years and expected return to get required monthly SIP. Near-term goals may warrant lower return assumptions.