SIP Calculator

FV = P × [ ((1 + i)ⁿ − 1) / i ] × (1 + i)

This is the standard SIP future value formula for a flat (non-step-up) monthly investment, assuming each contribution is made at the start of the month. When you set an annual step-up, the calculator instead simulates month by month, increasing the contribution by your step-up percentage at the start of each new year — the results match this formula exactly when step-up is 0%.

FV

Future value — the final corpus

P

Monthly investment amount

i

Expected monthly rate of return (annual rate ÷ 12 ÷ 100)

n

Total number of monthly investments

Investing $500 every month at an expected 12% annual return, for 15 years, no step-up: