SIP vs FD Calculator
Compare the value of a monthly SIP with a bank recurring deposit, after tax on the deposit interest.
What this compares
The same monthly amount goes into an equity mutual fund SIP and into a bank recurring deposit. Deposit interest is taxed every year at your slab rate, so the calculator reduces the deposit rate by that tax. The SIP figure is shown before capital gains tax, which depends on current rules and your holding period.
Reading the result
With the defaults, ₹10,000 a month for 10 years reaches about ₹23.2 lakh in the SIP and ₹16.1 lakh in the deposit after tax. The SIP usually ends higher over long periods, but its return is not guaranteed and can be negative in some years. The deposit is predictable. Many people use deposits for goals under 3 years and equity SIPs for goals beyond 5–7 years. See the SIP calculator and RD calculator for each in detail.
Limits
- A fixed 12% SIP return is an assumption, not a forecast.
- Capital gains tax on the SIP is not deducted.
Frequently asked questions
Which is safer, SIP or FD?
Bank deposits are safer. Equity SIPs carry market risk but have historically beaten inflation by more over long periods.
Why is the deposit taxed in the calculator?
Interest is taxable each year at your slab rate, which lowers the real return.
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Last reviewed: October 2026. Results are estimates, not financial advice.