📐 SIP Calculator Formula
FV = P x [((1 + i)^n - 1) / i] x (1 + i)
- P: Monthly Investment Amount
- i: Monthly Interest Rate (Annual Rate / 12 / 100)
- n: Total Number of Months (Years x 12)
SBI Mutual Fund SIP Calculator
Calculate potential gains from investing in State Bank of India (SBI) Mutual Funds. Assumes a healthy equity market return rate of 13% P.A.
Input Parameters
₹
%
Yrs
Results
Invested Amount₹6,00,000
Est. Returns₹6,33,403
Total Value₹12,33,403
Visual Breakdown
Total Invested
Estimated Returns
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Investment Growth Projection
| Year | Invested | Returns | Total Value |
|---|---|---|---|
| 1 | ₹60,000 | ₹4,397 | ₹64,397 |
| 2 | ₹1,20,000 | ₹17,684 | ₹1,37,684 |
| 3 | ₹1,80,000 | ₹41,086 | ₹2,21,086 |
| 4 | ₹2,40,000 | ₹76,001 | ₹3,16,001 |
| 5 | ₹3,00,000 | ₹1,24,017 | ₹4,24,017 |
| 6 | ₹3,60,000 | ₹1,86,942 | ₹5,46,942 |
| 7 | ₹4,20,000 | ₹2,66,835 | ₹6,86,835 |
| 8 | ₹4,80,000 | ₹3,66,038 | ₹8,46,038 |
| 9 | ₹5,40,000 | ₹4,87,217 | ₹10,27,217 |
| 10 | ₹6,00,000 | ₹6,33,403 | ₹12,33,403 |
📝 Example
If you invest ₹5,000 monthly in an SIP for 10 years at a 12% annual expected return, your invested amount will be ₹6,00,000. The estimated future value will be ₹11,61,695, earning you ₹5,61,695 in returns.
✅ Benefits
- •Instantly estimate the compound interest growth of your money.
- •Understands power of compounding and long-term investing.
- •Helps you set realistic targets for buying cars, houses, or retirement.
❓ Frequently Asked Questions
What is an SIP?
SIP stands for Systematic Investment Plan. It is a utility allowing you to invest a small, fixed sum regularly into selected mutual funds.
Are SIP returns guaranteed?
No, mutual fund investments are subject to market risks. SIP returns are estimated based on historical trends but are not guaranteed.
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