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Mutual Fund,
a disciplined approach for long term goals

Access your personalised investment solutions.

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Step-Up SIP Calculator

Increase your SIP amount at set intervals to boost your investment growth.

Investment Type

I want to Invest I know my Goal

Monthly Investment Amount

₹
100 10Cr

Expected Growth Rate

p.a.
5% 20%

Investment Duration

Years
1 30

Step-up Percentage

p.a.

Step-up Amount

₹

Step-up Type

  • %
  • ₹
Regular SIP

Total Invested

₹6,00,000

Earned

₹2,24,864

Total Returns: ₹8,24,864

Step-up SIP

Total Invested

₹7,32,612

Earned

₹2,51,958

Total Returns: ₹9,84,570

grid-bars-bg.svg

Extra earnings over standard SIP

₹27,094

Disclaimer

Your target amount

₹
100 10Cr

Expected Growth Rate

p.a.
5% 20%

Investment Duration

Years
1 30

Total interest earned

₹1,72,559

Your invested amount

₹8,27,441

Monthly SIP Amount

₹22,984

Disclaimer
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Overview

Investing in mutual funds through a Systematic Investment Plan (SIP) is a time-tested way to build long-term wealth. However, since the mutual fund performance fluctuates with market volatility and involves multiple variables that decide growth, it becomes hard to calculate your returns. To make this process simpler, IDFC FIRST Bank offers an easy-to-use SIP calculator online. This digital tool helps you forecast potential returns from your monthly investments by using just a few inputs – the investment amount, repayment tenure, and projected growth rate. Whether you are planning for retirement, house purchase or your child’s education, the IDFC FIRST Bank’s SIP investment calculator gives quick and accurate results. Read more

What is an SIP calculator?

What is this?

An SIP calculator is a digital tool designed to estimate the potential returns of your mutual fund investments made through a Systematic Investment Plan (SIP). Instead of relying on manual calculations, which may often lead to errors, an SIP calculator online allows you to project the future value of your investments in seconds.

How does it work?

IDFC FIRST Bank’s SIP plan calculator considers factors such as your monthly investment amount, expected annual rate of return, and the investment tenure. By combining these inputs, it generates an approximate maturity amount. If you know your goal amount, tenure and expected rate of return, it can also generate the monthly amount you need to invest in SIP.

Can I trust it?

It is important to note that while the calculator provides estimates, actual returns may vary depending on market performance. Nevertheless, the SIP calculator in India serves as a reliable guide for individuals who want to plan their financial future with clarity. It makes investment planning easy, transparent, and goal-oriented for all investors.

How can an SIP calculator help you?

Using an SIP return calculator offers multiple benefits to investors:

Goal planning

It helps you align your SIP investment with financial goals such as education, marriage, or retirement.

Accurate forecasting

By entering simple details, you can estimate the maturity amount and returns without any complex formulas.

Compare SIP options

The SIP calculator in India allows you to assess different investment scenarios and choose the most suitable plan.

Budget management

Knowing the monthly contribution required ensures you can plan your household budget effectively.

Error-free estimation

Manual calculations can be inaccurate, but an SIP investment calculator eliminates such errors.

Quick decision making

With instant results, you can confidently decide the SIP amount and duration best suited to your needs.

Goal planning

It helps you align your SIP investment with financial goals such as education, marriage, or retirement.

Accurate forecasting

By entering simple details, you can estimate the maturity amount and returns without any complex formulas.

Compare SIP options

The SIP calculator in India allows you to assess different investment scenarios and choose the most suitable plan.

Budget management

Knowing the monthly contribution required ensures you can plan your household budget effectively.

Error-free estimation

Manual calculations can be inaccurate, but an SIP investment calculator eliminates such errors.

Quick decision making

With instant results, you can confidently decide the SIP amount and duration best suited to your needs.

-

How does an SIP calculator work?

The Principle

The SIP calculator works by applying a standard mathematical formula that factors in your investment amount, tenure, and expected rate of return. It uses the principle of compounding, which ensures that both your capital and accumulated interest generate further earnings.

Simply Input three key values:

Monthly SIP amount

Duration of investment

Expected rate of return

The SIP calculator works by applying a standard mathematical formula that factors 10 years in your investment amount, tenure, and expected rate of return. It uses the principle of compounding, which ensures that both your capital and accumulated interest generate further earnings. ₹23,23,391.

The Formula

A = P × ({([1 + r]^n) – 1} / r) × (1 + r)

Maturity value of the investment

SIP amount invested regularly

Expected rate of return (annual rate divided by 12)

Number of instalments or months of investment

Example Calculation

For instance, if you invest ₹10,000 every month for 10 years at an average annual return of 12%, the calculator quickly computes your total invested amount and estimated maturity value which is approximately ₹23,23,391.

How to use IDFC FIRST Bank's SIP calculator online?

The IDFC FIRST Bank SIP calculator online is simple, interactive, and requires no financial expertise. You can either enter values directly into the input fields or adjust the sliders to modify figures such as investment amount, tenure, and expected returns.

Follow these steps:

Select Monthly Amount

Select the monthly SIP amount you want to invest.

Set Tenure

Enter or slide to set the tenure of your investment (in years).

Expected Returns

Enter the expected annual rate of return.

View Results

The SIP return calculator will instantly display the estimated maturity amount, total investment, and expected returns.

Similarly, you can also use the calculator to know how much you must invest each month if you have a maturity goal amount in your mind.

Advantages of using SIP calculator

The IDFC FIRST Bank’s SIP investment calculator provides simplicity and accuracy in financial planning. Its advantages include:

Instant calculations

The calculator gives you results within seconds, saving valuable time.

Error-free projections

Error-free projections: Manual calculations are prone to mistakes, but an SIP return calculator ensures accurate results every time.

Goal-oriented planning

Whether you are saving for retirement, education, or a house, the tool helps you align your SIP investment with long-term goals.

Scenario comparison

You can easily compare different investment amounts, tenures, and return rates to decide on the most suitable SIP plan.

Budget-friendly decisions

Knowing the exact monthly contribution required allows you to plan your finances without overshooting your budget.

Accessibility and ease

Being available online, the SIP calculator in India is free to use anytime and requires no financial expertise.

Instant calculations

The calculator gives you results within seconds, saving valuable time.

Error-free projections

Error-free projections: Manual calculations are prone to mistakes, but an SIP return calculator ensures accurate results every time.

Goal-oriented planning

Whether you are saving for retirement, education, or a house, the tool helps you align your SIP investment with long-term goals.

Scenario comparison

You can easily compare different investment amounts, tenures, and return rates to decide on the most suitable SIP plan.

Budget-friendly decisions

Knowing the exact monthly contribution required allows you to plan your finances without overshooting your budget.

Accessibility and ease

Being available online, the SIP calculator in India is free to use anytime and requires no financial expertise.

-

The tool saves time, boosts accuracy, and allows you to take informed investment decisions confidently.

How to start an SIP investment?

Starting an SIP investment with IDFC FIRST Bank is quick and convenient. You can initiate it seamlessly through net banking or the IDFC FIRST Bank mobile app.

  • 1

    Log in to your net banking account or mobile app.

  • 2

    Navigate to the ‘Wealth Management’ section and select ‘Invest in Mutual Funds’.

  • 3

    Explore and select a fund of your choice based on your goals.

  • 4

    Choose the Systematic Investment Plan (SIP) option.

  • 5

    Enter details such as the SIP amount and SIP date.

  • 6

    After placing order an OTP is sent to the customer’s registered mobile number which the customer has to verify and submit

  • 7

    Once verified the order is placed completing the mutual fund journey

With just a few steps, you can begin investing in mutual funds using the SIP plan calculator to guide your contributions. It’s simple, transparent, and designed for hassle-free investing.

Frequently Asked Questions

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Late Payment

Reward

Credit score

Card limit

How to apply

Lost card

International transcations

What is CreditPro Balance Transfer?

CreditPro Balance Transfer helps a customer to transfer other bank credit card dues to CreditPro and enjoy interest free period up to 105 days on every Balance Transfer.

Can I do any Online, Point of Sale or Cash transactions on CreditPro Balance Transfer?

The joining fee of ₹2,500 (+GST) will be levied instantly on card generation. You can pay for the fee before or after statement generation.

What are the benefits of activating CreditPro?

On payment of joining fee, you will receive cashback of ₹400 for each of any 5 transactions worth ₹400 or more, completed using your credit card within 60 days of card generation. The joining benefit will be credited in the next statement. Cash withdrawal transactions, fees and charges will not be eligible for the joining benefit.

Can a customer transfer dues to CreditPro Balance Transfer from Multiple Cards?

If you are applying for your first IDFC FIRST Bank unsecured credit card, you will get a credit limit as per our internal policies. If you already have an IDFC FIRST Bank unsecured credit card, your new credit card will also have the same credit limit. The credit limit, however, will be shared across all unsecured credit cards.

What does my credit score need to be?

Yes. You will earn:

  1. 10 reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday.
  2. 5 reward points on spends up to ₹20,000 in a statement cycle.
  3. 3 reward points on Education, Wallet Load, Government, Rent and Property Management/Purchase transactions. 1 reward point on utilities and insurance transactions. Spends in these categories will not be considered for the 10X monthly milestone.
  4. Reward points will not be given on spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.
  5. 1 reward point is given for every ₹150 spent in a transaction. Value of 1 reward point is ₹0.25.

Why should you apply for a Credit Card at IDFC FIRST Bank?

Education, Wallet Load, Government, Rent and Property Management/Purchase transactions, Utilities, Insurance, EMI, Cash Withdrawal, Fuel, Fee and Charges. Only those transactions which are settled by the merchant before the statement generation will be considered. If a transaction is settled after the statement is generated, it will not accrue 10X rewards. Rewards for such transactions will be credited after the next statement generation.

What is a Credit Card limit?

The Ashva Credit Card provides the benefit of never-expiring reward points. The reward points remain valid till the credit card remains active.

What should I do when my Credit Card is lost?

The Ashva Credit Card comes loaded with benefits like discounts on 300+ brands, movie tickets, complimentary airport lounge access, etc. The full list of benefits is mentioned above. For brand offers, you can visit the offers website

What are the things you must know before applying for a credit card?

The Ashva Credit Card offers one of the lowest forex markups in the industry at just 1%. Spend seamlessly while travelling abroad as well as on international purchases made from India.

What are the dos and don’ts while using a credit card?

Yes, Ashva Credit Card offers:

  1. 4 complimentary visits per quarter to lounges and spas at airport terminals in India.
  2. 2 complimentary visits per quarter to lounges at foreign airports

The lounge benefit can be availed in the next calendar month on spending ₹20,000 or more in the current calendar month.

Use your credit card to access Indian airport lounges and the Dreamfolks Card to access spas and lounges at Indian and overseas airport terminals.

You can also book airport lounge and spa by clicking here.

I already have a credit card. Can I apply for another one?

You can activate your 1 Lounge/Spa benefit for the next calendar month by spending ₹20,000 or more in the current calendar month.
E.g. Meet spend criteria between 1st to 31st March to activate the benefit in April. To know how to book an airport lounge online, click here.

Can I avail of golf benefits on the Ashva Credit Card?

Yes. You can avail up to 2 rounds/lessons in a month. Each round/lesson is unlocked for every ₹20,000 spent in the previous statement cycle.

Can I use my credit card to withdraw cash at an ATM?

Yes, you can! All ATM cash withdrawals are interest-free for up to 48 days – in India or abroad. Cash withdrawal from ATMs outside India will attract a forex markup fee of 1% (+GST). Please keep in mind, however, that a Cash Advance Fee of ₹199/- + GST is applicable per transaction, irrespective of your location or the withdrawal amount. The maximum cash withdrawal limit per transaction is ₹10,000.

Will I be asked for my Credit Card PIN at every POS terminal, be it domestic or international?

For transactions in India, yes, you will be asked for a PIN for completing the transactions. However, outside India, you will be asked for the PIN only if the POS terminal is enabled for PIN authentication.

What is the annual milestone on the credit card?

On spending ₹8,00,000 or more in a card anniversary year, you will get 7,500 reward points. The reward points will be credited on payment of annual fee for the next year. Transactions on primary, add-on and associated FIRST Digital (UPI) Credit Card will be considered towards the milestone, including EMI transactions. Cash withdrawal, fee charges and EMI amortization will be excluded from the benefit.

When will the reward points be credited?

The reward points will get credited upon statement generation.

What is the movie offer on the Ashva Credit Card?

Using the Ashva Credit Card, you get buy-one-get-one movie offer twice a month via Paytm Movies. You can get a discount of up to ₹400 on the second ticket.

What is the annual milestone on the credit card?

On spending ₹8,00,000 or more in a card anniversary year, you will get 7,500 reward points. The reward points will be credited on payment of annual fee for the next year. Transactions on primary, add-on and associated FIRST Digital (UPI) Credit Card will be considered towards the milestone, including EMI transactions. Cash withdrawal, fee charges and EMI amortization will be excluded from the benefit.

When will the reward points be credited?

The reward points will get credited upon statement generation.

What is the movie offer on the Ashva Credit Card?

Using the Ashva Credit Card, you get buy-one-get-one movie offer twice a month via Paytm Movies. You can get a discount of up to ₹400 on the second ticket.

What is the annual milestone on the credit card?

On spending ₹8,00,000 or more in a card anniversary year, you will get 7,500 reward points. The reward points will be credited on payment of annual fee for the next year. Transactions on primary, add-on and associated FIRST Digital (UPI) Credit Card will be considered towards the milestone, including EMI transactions. Cash withdrawal, fee charges and EMI amortization will be excluded from the benefit.

When will the reward points be credited?

The reward points will get credited upon statement generation.

What is the movie offer on the Ashva Credit Card?

Using the Ashva Credit Card, you get buy-one-get-one movie offer twice a month via Paytm Movies. You can get a discount of up to ₹400 on the second ticket.

What is the annual milestone on the credit card?

On spending ₹8,00,000 or more in a card anniversary year, you will get 7,500 reward points. The reward points will be credited on payment of annual fee for the next year. Transactions on primary, add-on and associated FIRST Digital (UPI) Credit Card will be considered towards the milestone, including EMI transactions. Cash withdrawal, fee charges and EMI amortization will be excluded from the benefit.

When will the reward points be credited?

The reward points will get credited upon statement generation.

What is the movie offer on the Ashva Credit Card?

Using the Ashva Credit Card, you get buy-one-get-one movie offer twice a month via Paytm Movies. You can get a discount of up to ₹400 on the second ticket.

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