SIP calculator
See what a monthly SIP could grow to, and how it compares with keeping the same money in a bank recurring deposit.
Projected value
₹3,79,949
Invested
₹3,00,000
Estimated gains
₹79,949
Bank RD
₹3,53,000
Show year-by-year values
| Year | Invested | SIP value | Bank RD value |
|---|
This is an estimate, not a promise; actual returns may vary. It assumes contributions at the start of each month, compounded monthly. The bank comparison assumes the same monthly deposits in a recurring deposit at 6.5% a year, compounded quarterly.
Why invest through a SIP?
- Compounding works for youStart early and your returns earn returns of their own.
- Invest regularly, whatever the market doesInvesting every month helps average out market ups and downs.
- Spread your riskDiversify across different investment instruments.
- Stay invested for the long termTime in the market beats timing the market.
SIP compared with a bank FD
| Feature | SIP | Bank FD |
|---|---|---|
| Returns | Up to 9%, market-linked | 6.5%, fixed |
| Liquidity | High, redeem any time | Low, penalty on early withdrawal |
| Tax benefits | ELSS funds offer Section 80C benefits | No tax benefits |
| Inflation protection | Yes, through market-linked returns | No, returns are fixed |