Why this calculator is important
This calculator matters because mutual funds decisions usually affect cash flow, insurance cover, tax planning or long-term wealth. A structured result helps you see the gap, the yearly progress and the action required before you commit money.
What you gain from the result
You get a usable estimate, a year-wise progress chart, input summary, downloadable PDF and a clear next step for review. The output is built for practical planning, not only quick entertainment.
How to read the year-wise chart
The bar chart separates your contribution, growth, gap or protection value by year. Use it to see whether the plan depends too much on future returns, too little on current savings, or an unrealistic time frame.
Frequently Asked Questions
What is SIP and how does it work in India?
SIP (Systematic Investment Plan) lets you invest a fixed amount in a mutual fund every month. Each instalment buys fund units at the prevailing NAV, so you automatically buy more units when markets are low and fewer when markets are high — a process called rupee-cost averaging. Over time this smooths out volatility and builds wealth through compounding.
How much SIP do I need to invest to get ₹1 crore in 10 years?
Assuming a 12% annual return, you need approximately ₹44,000 per month to accumulate ₹1 crore in 10 years. At 15% assumed return the required SIP drops to around ₹36,000. Use the calculator above to find the exact number for your own target and return assumption.
What is a realistic SIP return rate to use for calculations?
Equity mutual funds in India have historically delivered 10–14% CAGR over long periods. Large-cap funds typically average 10–12%, while mid and small-cap funds can average 12–16% over a 10+ year horizon. For conservative planning it is safer to assume 10–11% so you are not disappointed if markets underperform.
Is SIP better than lump sum investment in mutual funds?
SIP is better for salaried investors who have regular income but cannot time the market. Lump sum can outperform SIP if you invest at a market low, but most investors cannot predict bottoms. SIP removes the timing risk and builds the saving habit. For large windfalls (bonus, inheritance) a Systematic Transfer Plan (STP) combines both benefits.
How is SIP maturity value calculated?
SIP maturity value uses the future-value-of-annuity formula: FV = P × [((1 + r)^n – 1) / r] × (1 + r), where P is the monthly SIP amount, r is the monthly return rate (annual rate ÷ 12), and n is the total number of instalments. This calculator does that maths instantly for any inputs you provide.
Can I increase my SIP amount every year — and should I?
Yes, most fund houses offer a Step-Up SIP (also called Top-Up SIP) that auto-increases your SIP by a fixed amount or percentage each year. Even a 10% annual step-up can almost double your final corpus compared to a flat SIP over 20 years. It is one of the most powerful yet underused features of SIP investing in India.
Want help reviewing your SIP result?
Our team at Hatlet Ventures can review this result against your real income, goals, insurance gaps and tax situation — for free.
Sri Balaji is the founder of Hatlet Ventures, a NISM-certified, AMFI-registered mutual fund distributor and IRDAI-licensed insurance advisor based in Tiruppur, Tamil Nadu. He helps families with SIPs, mutual funds, insurance planning, tax-saving investments and long-term financial planning.