SIP Calculator
Compute the future value of a monthly Systematic Investment Plan (SIP), with an optional annual step‑up. We also show totals and an estimated XIRR.
Investment Details
How It Works
Formulae
Monthly rate r = (annual% ÷ 100) ÷ 12
Future value (no step‑up): FV = P × [((1+r)^n − 1) × (1+r)] / r
With annual step‑up s%: amount increases by s% every 12 months; FV is sum of each year's compounded series.
Notes
- Assumes contributions at month‑end and monthly compounding.
- XIRR is estimated from the monthly cash flows and maturity value.
FAQs
What is step‑up SIP?
Your monthly SIP increases by a fixed percent each year (e.g., 5%). It helps align investing with income growth.
Is the XIRR exact?
It’s an estimate based on monthly flows and the final corpus; real-world results can vary with dates and market movement.
References
📚
AMFI – What is SIP?
Official guide to Systematic Investment Plans
📚
Investopedia – SIP
Background and methodology