Is SIP return the same as XIRR?

Fund factsheets often show point-to-point returns; for SIPs, XIRR is the right measure because each instalment is invested for a different period.

Do ELSS SIPs have a lock-in per instalment?

Yes. Each ELSS SIP instalment is locked for three years from its own date.

Does stopping a SIP have tax consequences?

No. Tax arises only when you redeem units.

Can I rely on this calculator's result for filing?

Use it as a planning estimate. The final figure depends on the tax year's rules and your exact documents, so a CA should review it before you file or pay.

Does the calculator store my data?

No. The calculation runs in your browser and nothing you type is saved. If you want a CA to review it, share your documents through our checklist-led process.

Investment calculator

Mutual Fund SIP Returns

A SIP invests a fixed amount every month; its future value is P × [((1 + i)^n − 1) ÷ i] × (1 + i), where i is the monthly return and n the number of months. Returns aren't guaranteed — the rate you enter is an assumption. For tax, each instalment is a separate purchase, so redemptions are matched first-in-first-out and some units may be short-term even after years.

₹10,000/month, 12%, 10 years: ≈ ₹23.2 lakh
Each instalment's holding period: Counted separately (FIFO)
Equity MF LTCG: 12.5% above ₹1.25L

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Project your SIP corpus over time using assumed annual returns (compounding).

SIP

Monthly SIP amount (₹)

Expected annual return (%)

Equity MF historical ~12-15%, debt ~7-8%, balanced ~10-11%.

Investment period (years)

Total invested

₹18,00,000

Wealth created (returns)

₹32,45,760

Estimated corpus

₹50,45,760

Breakup

Invested amount35.7%

Returns (compounded)64.3%

Projections assume constant annual returns — actual mutual fund returns vary. LTCG tax of 12.5% applies on equity MF gains above ₹1.25L in a financial year. Start early — power of compounding grows exponentially over time.

What drives the corpus

Time in the market matters more than the monthly amount
A yearly step-up of 10% can raise the final corpus substantially
Expense ratios reduce returns every year — direct plans cost less
Assumed returns should be conservative for planning

Tax on SIP redemptions

Fund type	Short-term	Long-term
Equity funds (≥ 65% Indian equity)	≤ 12 months: 20%	> 12 months: 12.5% above ₹1.25 lakh
Debt funds (bought from April 2023)	Slab rate	Slab rate
Other funds (hybrid, FoFs, international)	Slab rate (≤ 24 months)	12.5% (> 24 months), depending on type

Worked example: 10-year SIP

1₹10,000 a month for 10 years (120 instalments) at an assumed 12% annual return (1% monthly).
2Future value = ₹10,000 × [(1.01^120 − 1) ÷ 0.01] × 1.01 ≈ ₹23,23,391.
3Amount invested = ₹12,00,000; estimated gain ≈ ₹11.2 lakh.

Corpus ≈ ₹23.2 lakh, before tax on redemption.

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