Question 1

How is this different from a normal SIP calculator?

Accepted Answer

A normal SIP calculator assumes a fixed return such as 12% every year. This tool uses the chosen fund's actual daily NAV history, so it shows what your SIP or lumpsum would really have grown to, including the ups and downs the fund actually went through. It is a back-test of real past performance, not a projection.

Question 2

What is XIRR and why is it shown for SIP?

Accepted Answer

XIRR is the annualised return on a series of investments made on different dates, which is exactly what a SIP is. Because each instalment stays invested for a different length of time, a simple average return would be misleading. XIRR accounts for the timing of every instalment, so it is the correct way to express SIP returns.

Question 3

Does this include Direct or Regular plan returns?

Accepted Answer

Both. Search shows Regular plans by default, and you can switch to Direct using the filter. Direct plans have a lower expense ratio, so their NAV grows a little faster. Pick the plan you actually hold, or the one you are considering, to get the relevant figure.

Question 4

Are exit load and taxes included?

Accepted Answer

No. The figures are based purely on NAV growth and are shown before any exit load, stamp duty or capital gains tax. Your in-hand return after costs and tax would be somewhat lower. Use these numbers to understand a fund's track record, not as a precise post-tax outcome.

Question 5

Why does my selected period start later than expected?

Accepted Answer

If a fund is younger than the period you picked, the back-test starts from the fund's launch date instead. The dates shown below the period buttons tell you the exact window used, so you always know the real start and end of the calculation.

Question 6

Is past performance a guarantee of future returns?

Accepted Answer

No. Past performance is not indicative of future results. This back-test is factual historical information for illustration only and is not a recommendation to buy, sell or hold any scheme. Please consult your mutual fund distributor before investing.

Mutual Fund SIP Returns Calculator

How this back-test works

Frequently Asked Questions