Axis SIP calculator
Project any monthly SIP below. Independent tool, no fund data. Beneath it, the question people actually have once a SIP is running: when is a change of fund justified, and when is it just expensive fidgeting?
Your SIP
What leaves your bank account every month. Type any amount — the slider is just a shortcut.
An assumption, not a promise. Equity funds are usually modelled at 10–12%; see what rate to assume.
Set 0 to switch the "today’s money" column off. India’s CPI has averaged close to 6% over the past decade; the RBI targets 4% with a 2-point band.
What it projects to
What you investWhat compounding addsValue in today’s money
| Year | Monthly | Invested so far | Returns | Value at year end | In today’s money |
|---|---|---|---|---|---|
| 1 | ₹5,000 | ₹60,000 | ₹4,047 | ₹64,047 | ₹60,421 |
| 2 | ₹5,000 | ₹1,20,000 | ₹16,216 | ₹1,36,216 | ₹1,21,232 |
| 3 | ₹5,000 | ₹1,80,000 | ₹37,538 | ₹2,17,538 | ₹1,82,649 |
| 4 | ₹5,000 | ₹2,40,000 | ₹69,174 | ₹3,09,174 | ₹2,44,895 |
| 5 | ₹5,000 | ₹3,00,000 | ₹1,12,432 | ₹4,12,432 | ₹3,08,193 |
| 6 | ₹5,000 | ₹3,60,000 | ₹1,68,785 | ₹5,28,785 | ₹3,72,773 |
| 7 | ₹5,000 | ₹4,20,000 | ₹2,39,895 | ₹6,59,895 | ₹4,38,868 |
| 8 | ₹5,000 | ₹4,80,000 | ₹3,27,633 | ₹8,07,633 | ₹5,06,719 |
| 9 | ₹5,000 | ₹5,40,000 | ₹4,34,108 | ₹9,74,108 | ₹5,76,573 |
| 10 | ₹5,000 | ₹6,00,000 | ₹5,61,695 | ₹11,61,695 | ₹6,48,685 |
| 11 | ₹5,000 | ₹6,60,000 | ₹7,13,074 | ₹13,73,074 | ₹7,23,318 |
| 12 | ₹5,000 | ₹7,20,000 | ₹8,91,261 | ₹16,11,261 | ₹8,00,747 |
| 13 | ₹5,000 | ₹7,80,000 | ₹10,99,656 | ₹18,79,656 | ₹8,81,256 |
| 14 | ₹5,000 | ₹8,40,000 | ₹13,42,090 | ₹21,82,090 | ₹9,65,140 |
| 15 | ₹5,000 | ₹9,00,000 | ₹16,22,880 | ₹25,22,880 | ₹10,52,710 |
Four reasons to consider switching, and one that is not
Switching is not free. Each one is a redemption that realises capital gains, may attract an exit load, and resets your holding period for tax. So the bar should be high.
Reasons that clear the bar:
- The mandate changed. SEBI's scheme categorisation means a fund can be merged or re-categorised, and a fund that was a mid-cap fund when you bought it may now be something else. This is the clearest reason to reconsider — you no longer own what you chose.
- Persistent underperformance against its own benchmark and category over three years or more, with no change in strategy explaining it. Three years, not one.
- You are in a regular plan with no adviser. Paying commission for nothing, and the cost compounds — see the regular versus direct comparison.
- Your own goal changed. A horizon that shortened from fifteen years to three should change the instrument, regardless of how the fund is doing.
The reason that does not clear the bar: a different fund did better last year. That is the single most reliable way to buy high, and it is what most switching actually is.
Does a fund manager change matter?
Less than the coverage suggests, and it depends on the fund. Large fund houses run process-driven, committee-supervised strategies where a single departure changes little. A fund whose identity rests on one manager's judgement is more exposed.
The honest answer: a manager change is a reason to watch, not to act. Check whether the portfolio's character shifts over the following few quarters — turnover, concentration, sector tilts. If it does not, nothing happened. Redeeming immediately means paying tax on a hypothesis.
How often to look at all
Once a year, and not on a bad week
An annual review is enough: has the goal changed, has the instalment kept pace with your income, has the fund's mandate changed. Checking monthly mostly generates anxiety and the urge to act on noise.
Pick a date unconnected to market moves — a birthday, the start of the financial year — so the review is not triggered by a drawdown. Reviews prompted by fear tend to end in the decision that costs most. See mistakes ranked by what they cost.
Checking the real figures
Where to find a fund’s real numbers
This page cannot tell you what any fund returned, and you should be wary of any calculator that claims to. For actual figures, go to the primary sources:
- AMFI NAV history — daily NAVs for every Indian scheme, from the industry body.
- The scheme's own factsheet and Scheme Information Document, on the fund house's site. This is where the mandate, the expense ratio and the benchmark are stated.
- Your own statement, which quotes XIRR for SIP holdings — the only figure that reflects what you actually earned. Check it against the XIRR calculator.
Before you rely on this
An estimate, not a forecast
This is arithmetic applied to assumptions you chose. Mutual funds carry market risk, returns are not guaranteed, and past performance does not indicate future results. Nothing here is personalised advice — for decisions of any size, speak to a SEBI-registered investment adviser.
Questions people actually ask
Should I stop my SIP if the fund is underperforming?
Not on one year of underperformance, which is usually noise or a style being out of favour. Over three years or more against both its benchmark and its category, with no strategic explanation, it is worth acting on.
Stopping and holding is also different from redeeming — you can direct new instalments elsewhere while leaving existing units to keep their holding period.
Does switching funds cost me tax?
Yes. A switch is a redemption and a fresh purchase, so it realises capital gains on the units sold — even between schemes of the same fund house.
Current rates in SIP taxation in India. Redirecting future instalments instead avoids the event entirely.
Is this the official Axis Mutual Fund calculator?
No. This is an independent calculator, not operated by or affiliated with Axis Mutual Fund. It applies the standard SIP formula to the assumptions you enter and shows no fund data of any kind.
For anything account-specific — your folio, a transaction, a statement — go to Axis Mutual Fund directly or to your platform. For the formula this page uses, see the methodology page.