About the Recurring Investment (SIP) Calculator
SIP calculator: future value of fixed monthly investments with expected annual returns and optional yearly step-up.
Also known as: sip calculator, systematic investment plan, monthly investment calculator, mutual fund sip, dollar cost averaging returns.
How to use this calculator
- Enter monthly investment, expected annual return, years, increase contributions each year by.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
FV = P(1 + r)ⁿ + PMT·((1 + r)ⁿ − 1)/r (monthly periods)
- P
- = initial amount
- PMT
- = monthly contribution
- r
- = monthly rate
- n
- = months
Worked example
Using the values pre-filled in the calculator above:
- Monthly investment = 5,000
- Expected annual return = 12 %
- Years = 15
- Increase contributions each year by = 5 %
the calculator returns:
- Future value: 3,233,045.51
- Total contributed: 1,294,713.82
- Total growth / interest: 1,938,331.69
- Growth as % of contributions: 149.71%