ICICI SIP calculator
Project any monthly SIP below. Independent tool, no fund data — the rate is yours to choose. And since almost nobody adjusts for it, the section below quantifies the expense ratio: the annual fee that comes out of your returns before you ever see them.
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 |
What an expense ratio actually costs
A fund's expense ratio — its total annual charge — is deducted from the fund's assets daily. You never see an invoice; it simply reduces the NAV. So a fund grossing 12% with a 1.5% expense ratio delivers about 10.5% to you.
Published fund returns are already net of this. Category assumptions drawn from index data are not. ₹10,000 a month for 20 years, against a 12% gross assumption:
| Expense ratio | Net return | Projected value | Cost of the fee |
|---|---|---|---|
| 0.2% | 11.8% | ₹97,24,759 | ₹2.67 L |
| 0.5% | 11.5% | ₹93,39,666 | ₹6.52 L |
| 1.0% | 11.0% | ₹87,35,731 | ₹12.56 L |
| 1.5% | 10.5% | ₹81,75,968 | ₹18.16 L |
| 2.0% | 10.0% | ₹76,56,969 | ₹23.35 L |
Read the last column. A 2% expense ratio costs roughly ₹23.35 L over twenty years — considerably more than most people's entire expected gain from picking a better fund. Index funds commonly run 0.1–0.3%; active regular plans can exceed 2%.
What to do about it: subtract the expense ratio from the rate you type in above. If you assume 12% gross and your fund charges 1.2%, enter 10.8%. The projection then means something.
The costs the expense ratio does not include
- Exit load — a charge for redeeming within a defined period, often around 1% inside a year. Each SIP instalment has its own clock, so an early redemption can hit some units and not others.
- Stamp duty — a small levy on every purchase, including each SIP instalment.
- Securities transaction tax on equity fund redemptions.
- Your own tax, which is often the largest of all and which this calculator does not model. See SIP taxation in India.
Individually small. Together they are the gap between a projection and a bank balance, which is why the methodology page lists everything the model leaves out.
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 subtract the expense ratio from my assumed return?
If your assumption came from index or category data, yes. If it came from a fund's own published return, no — that figure is already net.
The common error is taking a category assumption of 12%, applying it to an active fund charging 1.8%, and projecting a number about 21% too high over twenty years.
Where do I find a fund’s expense ratio?
On the scheme factsheet and in the Scheme Information Document, both on the fund house's own site, and usually on your platform's scheme page. It is disclosed monthly and it changes.
Compare the direct plan against the regular plan of the same scheme — the difference is the distribution commission.
Is this the official ICICI Prudential Mutual Fund calculator?
No. This is an independent calculator, not operated by or affiliated with ICICI Prudential 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 ICICI Prudential Mutual Fund directly or to your platform. For the formula this page uses, see the methodology page.