Lump Sum (One Time)


Expected returns

SIP Calculator

"Hi there! Why should one invest you ask? Well, investments help grow your wealth in the short and long term so that you can meet various needs without digging through your savings - like your child's education or even funds for retirement.

Use Coverfox's Systematic Investment Plan (SIP) calculator to figure out how much you need to investment on a monthly basis to get a good return in the future. Check your returns based on funds invested in and rate of returns for different investment options. Finally, get all the information you need to multiply your invested amount to achieve your financial goals. "

SIP (Systematic Investment Plan) is an investment option offered by Mutual fund companies. One can invest a small amount by using SIP periodically (weekly, monthly, and quarterly). Besides, it offers a well disciplined approach to investing for retail investors. This, in turn, creates a positive approach to investing for creating wealth in the long term. If you want to calculate your SIP, you can always use an SIP calculator. In short, an SIP calculator helps you calculate your expected returns and wealth gain.

An SIP can make you financially disciplined as well as inculcate the habit of saving. It is always said the earlier, the better and the same goes while investing in a SIP. With the help of an SIP calculator, you can know more about assets and invest your money in mutual funds.

An important factor which makes an SIP a wise choice of investment is because of automation. For example, if you have started an SIP of ₹1,000 in a mutual fund, this amount will automatically get deducted from your bank account and get invested in a mutual fund of your choice, every month, on a pre decided date.

Benefits of SIP calculator

Simple and Fast

The SIP calculator helps to make investment plans faster for an investor. Otherwise, the formula may seem to be complex if done by hand and chances of error are higher. However, with the use of an SIP calculator, an investor can get accurate results that may be used to make informed investment decisions. And once you put all the details on the sip return calculator, you may get the calculation in the blink of an eye. With a simple dashboard in hand, you do not have to take time off from your daily work, in order to check your investments. Monitoring investments becomes easy, simple and fast.


The SIP calculator favors both - the ones who come with a good financial background as well as the ones who don’t as it makes their work simple and straightforward. Reason being, most of the individuals can develop their own SIP calculator in Excel, although it makes much sense using the free resources available online.

Helps Estimate the Future Returns

Since the SIP calculator smoothens the playing field for new investors as well as for the experienced investors, the result obtained from the sip investment calculator are nearly accurate. This, in turn, can help the investor to get benefited from mutual fund investments by helping them estimate their future returns. For example, you simply need to fill in basic details such as your SIP amount and time period. Post selection, the SIP calculator will automatically determine your final amount within a few seconds.

Easy to use Interface

All SIP calculators have easy to use interface where one has to provide only few details in order to generate results. And it is one of the key promoters for mutual funds used by multiple fund houses and brokers alike.

Rupee Cost Averaging

With an SIP, you can enjoy the benefits of rupee cost averaging. Since the amount is invested on a monthly basis, you can purchase more units when the price is low, and less units when the price is high. Overall the average cost is lower in comparison to a lump sum investment.

Starting Early

As mentioned before, the earlier you start, the better it is. You have the upper hand of investing early with an amount as minimum as ₹500. A smaller amount is easier to begin with and it is pocket friendly as well.

Disciplined Approach

An automated SIP inculcates the habit of saving among individuals who do not understand the stock market as it requires research, financial knowledge, timing and technical analysis.

How Does SIP Calculator Work?

The returns on SIP are calculated as per compound interest. Here all you need to do is enter the amount you wish to invest every month, choose the number of years you wish to invest and the sip return calculator automatically calculates the amount of return. Besides, it also shows you a comparative study of your SIP returns vs other investment options like Fixed Deposits.

What is a lump sum SIP calculator?

As the name suggests, a lump sum SIP calculator calculates the final maturity amount on the basis of a single one time lump sum payment.

Is SIP safer than lump sum investments?

Absolutely yes, a lump sum investment does not enjoy the benefits of rupee cost averaging. An SIP on the other hand allows you to counter market fluctuations as you buy more units when the price is low and less units when the price is high.

Workings of the SIP Calculator

It will first ask you the following questions and on basis of those questions, it will give you a tentative answer.

  • Monthly amount to be invested.
  • Investment period.
  • Expected Annual Returns.
  • In case, you need to check the calculation with (inflation) option is available with most of the sip return calculator.

Note: sip return calculators may differ from company to company.

Why use a SIP Calculator?

Let us understand the importance of an SIP calculator with an example:

Mr. Pillai is a 34 year old accountant who lives in a small rented house with his wife and a 5 year old son. His main financial goal for the next 15-20 years is to buy a house, a car and look after his son’s education and marriage. Therefore, he invests in bonds. However, with future projection, it seems that his saving through bonds will not suffice his future needs and will fall short in achieving his goals.

This could be for two main reasons:

  • There are chances that inflation grows faster than returns which will drift away all his savings at the end of the investment term.
  • In case he had invested in equity instruments instead of bonds, he could have earned higher returns.

But Mr. Pillai states that investing in bonds gives him security and he, in turn, can play safe. So, the question that arises here is what should he do to achieve higher returns and for a substantial growth without being affected by market turbulence? And the only way for him to achieve this is through an SIP. Along with an SIP, the only way to get your SIP’s systematically arranged is through an SIP calculator.

Steps to use SIP calculator

Step 1: Input the SIP amount you are keen on investing. If it is a mutual fund, minimum SIP allowed is INR 500. However, some of the schemes will require INR 1000 to be invested.

Step 2: Here, you can estimate the rate of return on the invested amount, although this is not exact science. But on basis of the track record of the fund, you can determine a probable rate of return and apply that into the variable SIP calculator.

Step 3: The last variable required is the investment tenure, which states the amount of time you want to continue investing. And in most cases, the minimum tenure should not be less than 6 months.

Based on the above criteria, the following examples, will help you understand better.

For example: The monthly invested amount is INR 1000, investment period is 5 years, the expected annual return is 15% with inflation. Below are the Projected SIP returns for various time durations. [@15%]

Duration SIP Amount (₹) Future Value (₹)
5 years 1000 0.8 Lakhs
5 years 1000 0.8 Lakhs
8 years 1000 1.4 Lakhs
10 years 1000 1.9 Lakhs
12 years 1000 2.6 Lakhs
15 years 1000 3.8 Lakhs
18 years 1000 5.4 Lakhs
20 years 1000 6.7 Lakhs
22 years 1000 8.3 Lakhs
25 years 1000 11.3 Lakhs
28 years 1000 15.2 Lakhs
30 years 1000 18.4 Lakhs
35 years 1000 29.6 Lakhs
Expected Amount Rs. 75990 (0.8 Lakhs)
Amount Invested Rs. 60000 (0.6 Lakhs)
Wealth Gain Rs. 15990 (0.2 Lakhs)
Assumed annual inflation rate is 6% -

Expected Maturity Amount: Rs. 75,990

For example: The monthly invested amount is INR 5000, investment period is 5 years the expected annual return is 14% and inflation.

Following are the estimated SIP returns for various time durations. [@14%]

Duration SIP Amount (₹) Future Value (₹)
5 years 5000 3.7 Lakhs
5 years 5000 3.7 Lakhs
8 years 5000 6.7 Lakhs
10 years 5000 9.2 Lakhs
12 years 5000 12.1 Lakhs
15 years 5000 17.4 Lakhs
18 years 5000 24.2 Lakhs
20 years 5000 29.6 Lakhs
22 years 5000 36.1 Lakhs
25 years 5000 47.9 Lakhs
28 years 5000 62.8 Lakhs
30 years 5000 75 Lakhs
35 years 5000 1.2 Crores
Expected Amount Rs. 369834 (3.7 Lakhs)
Amount Invested Rs. 300000 (3 Lakhs)
Wealth Gain Rs. 69834 (0.7 Lakhs)
Assumed annual inflation rate is 6% -

Expected Maturity Amount: Rs. 3, 69, 834

Difference between the SIP Calculators Offered by Various Fund Houses/Brokers?

  • With popularity of tax saving mutual fund like an ELSS, there are an increased amount of investors who relatively know little about mutual fund investments. And with an aim to attract investors and increase their interest in mutual funds, fund houses introduced SIP calculators and gave them different names.
  • The popular names include UTI SIP calculator, Axis SIP calculator, Birla Sun Life SIP calculator etc.
  • As these calculators run on the same formula and their results can be compared.

Note: Since SIP calculators run on the same formula as blue-chip or equity SIP calculator, it’s vital that you don’t get misled by names.

SIP Calculator FAQs

FAQ’s on SIP Calculator

What is SIP Advanced Calculator?

It is an improved version of the normal SIP calculator that would calculate return post inflation. Advance sip return calculator, in turn, gives you a better picture of maturity while taking inflation into consideration.

What is a Lump-sum Calculator?

The Lump-sum calculator will determine the maturity of the current value lump-sum one time investment after a number of years.

What is Delay Cost Calculator?

The delay cost calculator will help you in understanding the impact of delaying the systematic investment by a certain year. All you need to do is input the investment tenure, the expected rate of return and the expected delay in investment and the monthly investment amount. Post which, it will display the maturity amount in the delayed number of years and the cost of delay.

How SIP Calculator is Helpful for Offline Users also?

Since SIP calculator is available online and is used online, it cannot be used for offline purpose.

What are the best SIP calculators available in the market today?

The UTI sip calculator, Axis sip calculator, Birla sun life sip calculator etc. are considered as the popular SIP calculators in the market.

What is the average return on an SIP?

The average return on an SIP depends on multiple factors such as type of mutual fund invested in, tenure of investment, amount of SIP and the prevailing rate of inflation. For example, if you invest in lar cap-equity mutual fund, the return is around 12-18%.

What is an SIP Calculator?

An SIP calculator helps arrive at the maturity amount receivable from a small regular investment made over a given period of time,

Which is the best SIP scheme?

An Equity Linked Savings Scheme is one of the best schemes to invest via an SIP. An ELSS is a tax saving mutual fund which offers the dual benefit of saving tax and generating wealth over the investment horizon.

What is the benefit of SIP in a mutual fund?.

An sip calculator helps in determining the investment amount which after the completion of the investment tenure will help in fulfilling the life goal for which one started the investment.

Is SIP tax-free?

An SIP is a mode of investment which you select for purchasing a particular fund. What you invest in a mutual fund may/may not be tax-free.

What is the minimum rate of return in SIP?

The returns of an SIP investment depends upon the mutual fund and prevailing market conditions at the time of encashing the investment made.

Which fund is best for SIP in the long run?

There are various mutual fund which are best in their category, depending upon the market capitalization and investment objective.

What is the minimum amount for SIP?

The minimum amount for investment via SIP can be as low as ₹100 or 500.