₹1.77 lakh less
Start a year later and the same SIP, ending on the same date, could grow to ₹9.43 lakh instead of ₹11.2 lakh.
SIP calculator
Investing ₹5,000 a month for 10 years could grow to ₹11.2 lakh at an assumed return of 12% a year. You put in ₹6 lakh.
- Verified 28 September 2026
- Formula shown
- By the Accurio.in team
Could grow to
₹11.2 lakh
In 10 years at an assumed 12% a year
- You invest
- ₹6,00,000
- Assumed growth
- ₹5,20,179
Value after 10 years₹11,20,179
Calculators that divide the yearly rate by 12 show ₹11.62 lakh here: 12% ÷ 12 a month compounds to 12.68% a year. Ours uses exactly the assumed 12% a year. Why?
Try a what-if
₹5.14 lakh more
Raise the SIP 10% every year, for example with pay rises, and it could grow to ₹16.34 lakh.
₹10.07 lakh
What the same SIP could grow to at an assumed 10% instead of 12%. Returns are not guaranteed.
See how it could grow
You investAssumed growthDrag across the chart
At an assumed 12% a year, the growth stays below the money you put in over 10 years.
| Year | Invested | Growth | Value |
|---|---|---|---|
| Year 1 | ₹60,000 | ₹3,832 | ₹63,832 |
| Year 2 | ₹1,20,000 | ₹15,325 | ₹1,35,325 |
| Year 3 | ₹1,80,000 | ₹35,396 | ₹2,15,396 |
| Year 4 | ₹2,40,000 | ₹65,076 | ₹3,05,076 |
| Year 5 | ₹3,00,000 | ₹1,05,518 | ₹4,05,518 |
| Year 6 | ₹3,60,000 | ₹1,58,013 | ₹5,18,013 |
| Year 7 | ₹4,20,000 | ₹2,24,007 | ₹6,44,007 |
| Year 8 | ₹4,80,000 | ₹3,05,120 | ₹7,85,120 |
| Year 9 | ₹5,40,000 | ₹4,03,167 | ₹9,43,167 |
| Year 10 | ₹6,00,000 | ₹5,20,179 | ₹11,20,179 |
Market returns go up and down. The same plan at other assumed returns:
| Assumed return | Could grow to | Growth |
|---|---|---|
| 6% a year | ₹8.16 lakh | ₹2.16 lakh |
| 8% a year | ₹9.06 lakh | ₹3.06 lakh |
| 10% a year | ₹10.07 lakh | ₹4.07 lakh |
| 12% a year | ₹11.2 lakh | ₹5.2 lakh |
| 14% a year | ₹12.46 lakh | ₹6.46 lakh |
How this is calculated
The formula
Value = P × ((1 + i)n − 1) ÷ i × (1 + i)
- P = monthly SIP, n = number of months, i = monthly rate = (1 + assumed yearly return)1/12 − 1.
- That monthly rate grows the plan by exactly the assumed rate each year: 12% a year is 0.9489% a month, not 1% (1% a month would compound to 12.68% a year).
- Each instalment is invested at the start of its month and grows every month until the end.
- With a step-up, the SIP rises by the step-up % at the start of each year from year 2, and each year’s instalments grow the same way.
- For a goal, the SIP is the goal ÷ what ₹1 a month grows to, rounded up to the next rupee.
Assumptions
- The return is your assumption: a yearly compounded rate, the same every year. Real returns go up and down, can be negative in some years, and are not guaranteed.
- Every instalment is paid on time, and nothing is withdrawn.
- Tax on gains and exit loads are not included. Use a return after fund costs.
Is the assumed return guaranteed?
No. It is a number you choose to see what a plan could look like. Market-linked investments can earn more or less than this, and can lose value. The “Other returns” tab shows the same plan at other rates.
Why do other SIP calculators show a different number?
Calculators make two choices. The first is how a yearly rate becomes a monthly one. Many, including AMFI’s and SEBI’s investor sites and SBI Securities, divide it by 12, so 12% becomes 1% a month, which compounds to 12.68% a year. We use the monthly rate that compounds to exactly the yearly rate you enter, as Groww does, because fund returns are published as yearly compounded rates (CAGR). The second is when each instalment goes in: at the start of the month (us, AMFI) or at the end (SEBI’s site). For ₹5,000 a month over 10 years at 12%, that gives ₹11.2 lakh here and on Groww, ₹11.62 lakh on AMFI’s site and SBI Securities, and ₹11.5 lakh on SEBI’s site. Our result card shows the divide-by-12 figure for your own plan. Goal calculators vary more: AMFI’s, for example, assumes each instalment goes in at the end of the month.
What is a step-up SIP?
You raise your monthly SIP by a fixed percentage once a year, for example when your salary goes up. Set it with “Yearly step-up”; 0% means the SIP stays the same.
What changed
This calculator grows each monthly instalment at the yearly return you assume, using the formula shown above. No government rate or limit goes into it, so no rule change affects it. Its method was last checked on 28 September 2026.
Mistakes we have fixed on any page are listed on Corrections.