Estimate the future value of a systematic investment plan, including an initial balance, regular payments and an annual step-up. Compare how much you put in with modeled growth or loss.
Set up a regular or step-up SIP
Enter your starting balance, payment frequency and regular payment. A monthly plan makes 12 payments per year; weekly and biweekly choices use 52 and 26 evenly spaced periods. Select beginning or end of period to match your assumption. Beginning payments receive one additional period of growth.
For a step-up SIP, enter the percentage by which each regular payment rises after a complete year of payments. A payment of 200 with a 10% annual increase becomes 220 in year two and 242 in year three. Zero keeps payments fixed. Increases change future payments, not the starting balance.
Understand the return convention
Effective annual return converts to a periodic rate whose full-year compound growth matches the entered annual percentage. Nominal annual rate instead divides the percentage by the number of payment periods. Choose the convention used by the projection you are comparing. Neither setting promises that markets deliver that return each month.
The years-and-months term includes only complete payment periods. A short extra month may contain no additional quarterly payment period. The result states the actual number of periods used. For monthly plans, whole entered months map directly to payment periods.
Read the schedule and compare scenarios
The total contributed includes the opening balance and all recurring contributions. Growth is the difference between the projected balance and that total, and may be negative. The schedule shows the payment, growth or loss, and balance for every period. Use the existing baseline comparison to compare a fixed plan with a step-up plan, or change the return assumption to see a less favorable outcome.
This tool uses a constant modeled return. It does not purchase fund units, calculate actual investment performance, or include taxes, fees and inflation. Regular investing does not remove investment risk. Negative annual-return scenarios are supported down to −99%.
Formula
Periodic effective return = (1 + annual return)^(1 / periods per year) − 1
Payment in year y = starting payment × (1 + step-up)^(y − 1)
End-period balance = previous balance × (1 + periodic return) + payment
Examples
Contributions without growth
With no opening balance, 200 deposited monthly for two years at 0% return contributes 4,800 and ends at 4,800.
Annual step-up
At 0% return, monthly payments of 200 in year one and 220 in year two contribute 2,400 + 2,640 = 5,040. This isolates the effect of a 10% step-up from investment growth.