Question 1

How is SIP corpus estimated?

Accepted Answer

Each contribution is added at the start of the period, then the corpus grows at the monthly equivalent of your expected annual return. That is the usual SIP (annuity due) formula. A yearly SIP is invested once every 12 months.

Question 2

What is step-up SIP?

Accepted Answer

Step-up raises the SIP amount by a percent every 12 months, as if you increase the mandate when income rises. The schedule shows the new contribution from that year.

Question 3

Is the expected return guaranteed?

Accepted Answer

No. You type the return. Markets, expense ratios, and taxes can make the real corpus lower. Use a net-of-expense rate for a more conservative plan. This is not an AMFI or fund quote.

Question 4

What does today's rupees mean?

Accepted Answer

The estimated corpus is deflated by the inflation rate you enter, so you can see purchasing power at the end of the tenure. Set inflation to 0 to hide that figure.