SBI SIP calculator
Project any monthly SIP below, with the full year-by-year table and the inflation-adjusted value. This is an independent tool — it shows no fund performance data, and the return rate is your own assumption. The section beneath covers the one decision that costs most people more than fund choice: regular plans against direct.
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 |
Regular against direct: what the difference costs
Every mutual fund scheme comes in two plans. A regular plan pays a commission to whoever sold it to you, deducted from the fund's returns through a higher expense ratio. A direct plan has no commission, so its expense ratio is lower and its NAV grows slightly faster. Same fund, same manager, same portfolio.
The difference is typically around 0.5 to 1.0 percentage points a year. That sounds trivial. Over fifteen years on ₹10,000 a month it is not:
| Plan | Net return assumed | Projected value |
|---|---|---|
| Direct | 12% | ₹50,45,760 |
| Regular | 11% | ₹45,88,576 |
| Difference | 1 point | ₹4.57 L |
That gap — ₹4.57 L — is what the distribution commission costs across fifteen years. If you are getting genuine advice for it, that may be perfectly reasonable value. If you bought online through a platform and have never spoken to anyone, you are paying for a service you are not receiving.
To model it, simply subtract the expense-ratio difference from the rate you enter above. That is the only honest way to project a net-of-cost figure.
If you started your SIP at a bank branch
SIPs bought through a bank branch or a relationship manager are almost always regular plans, for the reason above. Two things worth checking on your statement:
- Does the scheme name contain "Direct"? If not, it is a regular plan.
- What is the expense ratio? Stated in the factsheet, and directly comparable against the direct plan of the same scheme.
Switching an existing holding from regular to direct is a redemption and a fresh purchase, so it realises capital gains — see SIP taxation in India before doing it in bulk. A common approach is to leave existing units alone and direct new instalments to the direct plan.
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
How much should I invest monthly to reach ₹1 crore?
At 12% a year, roughly ₹19,819 a month over 15 years, or ₹10,009 over 20. Duration does most of the work — see the crorepati calculator for the full table.
Can I change my SIP amount later?
Yes. Most platforms support a top-up instruction that raises the instalment annually, and you can always run a second SIP alongside. This is the single highest-leverage change available to most investors — see the step-up calculator.
Is this the official SBI Mutual Fund calculator?
No. This is an independent calculator, not operated by or affiliated with SBI 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 SBI Mutual Fund directly or to your platform. For the formula this page uses, see the methodology page.