Is the SIP Calculator free?
Yes. It is completely free, with no sign-up, no watermark, and no usage limits.
Does it use a specific currency?
No. Amounts are currency-neutral and use the same unit across all inputs, so it works in any country.
How is SIP maturity calculated?
Each installment compounds monthly from the day it is invested: FV = P × ((1 + i)^n − 1) / i × (1 + i), with i the monthly return and n the number of months. The step-up option raises the installment once a year.
Are SIP returns guaranteed?
No. Mutual fund returns vary with the market; 12% is a common long-run assumption for equity funds, not a promise. Try a lower rate to see a cautious case.