SIP calculator

Last updated

What regular investments could grow to at a return you assume, with the total invested and the gain. Returns are not guaranteed.

Your own assumption. Past returns do not tell you future returns.

Numbers only; commas are fine.

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How the value is worked out

Value = P × ((1 + r)^n − 1) ÷ r × (1 + r)

P is the amount invested each time, r the assumed annual return divided by the number of instalments a year, and n the number of instalments. Each instalment is taken as paid at the start of its period, so it earns for the whole period.

Mutual fund and other market-linked returns are not guaranteed and are never the same every year. The calculator shows what a steady assumed return would give; it does not forecast any fund. Expense ratios, exit loads, taxes and inflation are not included.

This is an illustration from the rate you assume. It is not an offer, a forecast or investment advice, and it does not promise any return. The bank, post office or fund's own terms decide the actual amount.

Frequently asked questions

Which formula does the SIP calculator use?

Value = P × ((1 + r)^n − 1) ÷ r × (1 + r)
The explanation below the calculator sets out each step and what the result leaves out.

What details do I need for the SIP calculator?

You need: amount each time, for how long and expected return.

Are these returns guaranteed?

No. The result uses the rate you assume and keeps it the same for the whole period. Market-linked returns change from year to year, and banks, post offices and funds apply their own rates and terms. Finobazaar does not fill in a product's rate unless a verified official rate is recorded, and then says so.

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