SIP vs FD Calculator (India)
Daily-refreshed Market Mood Index, post-tax SIP/FD verdicts, and AMFI-sourced category returns. Free, transparent, and honest about taxes.
How to use this tool
- On the "SIP vs FD" tab, choose monthly investing (SIP vs RD) or a lump sum (mutual fund vs FD).
- Enter the amount and the number of years.
- Pick a fund category and your income-tax slab, and check the FD rate.
- Read the post-tax verdict. Turn on inflation adjustment to see real returns.
- Use the SIP, FD and FD Rates tabs for single calculations and current bank rates.
India Market Mood Index
Updated todayComposite of NIFTY 50 P/E (50%), India VIX (30%), and advance/decline ratio (20%).How is this computed?
10y avg 24, z=-1.2σ
→ 19.9/100
lower = calmer markets
→ 68.6/100
ratio of NIFTY 50 stocks rising vs falling
→ 50/100
Compares a monthly SIP against a Recurring Deposit (RD) fed by the same monthly amount — the fair peer for a monthly flow. See the methodology page for why a lump-sum FD is not.
10y avg: 7.03% (current: 12%)
NIFTY 50 Historical CAGR
Updated todayTop 5 funds in Large Cap (for reference, not a recommendation)Updated today
| Fund | AMC | 10y CAGR |
|---|---|---|
| JM Large Cap Fund (Direct) - Quarterly IDCW | JM Financial Asset Management Limited | 11.26% |
| JM Large Cap Fund (Direct) - Annual IDCW | JM Financial Asset Management Limited | 11.26% |
| JM Large Cap Fund (Direct) - Growth Option | JM Financial Asset Management Limited | 11.26% |
| JM Large Cap Fund (Direct) - Half Yearly IDCW | JM Financial Asset Management Limited | 11.23% |
| JM Large Cap Fund (Direct) - IDCW | JM Financial Asset Management Limited | 11.19% |
Past performance does not guarantee future returns. We do not recommend funds; this list is the top 5 by 10y CAGR within the AMFI category, shown so you can sanity-check the average.
SIP Investment
Future Value (pre-tax)
₹23.23 L
Post-tax (LTCG @ 12.5%, ₹1.25L exempt)
₹21.99 L
Invested
₹12.00 L
Returns
₹11.23 L
Return on Investment
93.6%
Recurring Deposit (RD)
Maturity Value (pre-tax)
₹16.81 L
Post-tax (slab 30%, eff rate 4.48%)
₹15.15 L
Invested
₹12.00 L
Interest
₹4.81 L
Interest Rate (SBI)
6.4% p.a.
Verdict (post-tax): SIP Wins!
Tax assumptions as of 2 May 2026 — revised quarterlyDifference
+₹6.84 L
Percentage More
+45.2%
Risk Level
SIP: Medium | RD: Low
Visual Comparison
Important Disclaimer
- For educational purposes only — not financial advice.
- Mutual fund investments are subject to market risks. Past performance does not guarantee future returns.
- FD rates and NIFTY CAGR are refreshed daily from public sources; see the methodology page for sources, the MMI formula, and known limitations.
- Tax calculations use the assumptions documented in methodology. Your actual tax may differ.
- Consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This tool is for educational and informational purposes only. It does not constitute financial advice, investment advice, or any other type of advice. The calculations, data, and information provided are approximate and may not reflect current market conditions or actual returns. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Always consult a SEBI-registered financial advisor before making investment decisions. The creator of this tool assumes no liability for any financial decisions made based on the information provided here.
How the SIP vs FD Calculator (India) works
Most SIP versus FD comparisons use pre-tax numbers, which flatters the FD. This calculator taxes both the way Indian tax rules do. Equity fund gains are taxed as long-term capital gains at 12.5% after the ₹1.25 lakh yearly exemption, and only when you redeem. FD interest is taxed every year at your income-tax slab, so the calculator compounds the FD at its after-tax rate.
Expected fund returns come from real data refreshed daily: Nifty 50 trailing returns and AMFI category averages. The Market Mood Index at the top combines the Nifty 50 P/E ratio, India VIX and the advance/decline ratio into one 0 to 100 reading of how fearful or greedy the market is. The methodology page explains every formula and data source.
Inflation adjustment converts returns into today’s money using the Fisher equation, so you can see whether either option actually grows your purchasing power.
When to use it
- Deciding whether a monthly saving should go into a SIP or a recurring deposit.
- Choosing between a mutual fund and an FD for a bonus or lump sum.
- Seeing how much your tax slab changes the answer.
- Checking current FD rates and the market mood before investing.
Tips
- The higher your tax slab, the more an FD loses to tax. At the 30% slab, a 7% FD earns about 4.9% after tax.
- Past returns are not guaranteed. Use a conservative category return if the money is needed on a fixed date.
- For goals under three years, an FD’s certainty often matters more than the higher expected return of equity.
Frequently asked questions
Why does the FD look so much worse after tax?
FD interest is added to your income and taxed at your slab every year, while equity fund gains are taxed only when you sell, at 12.5% above a ₹1.25 lakh exemption. Over long periods that difference compounds.
Where do the return numbers come from?
From daily snapshots of the Nifty 50 index and AMFI mutual fund category data. The page shows when each dataset was last updated.
What is the Market Mood Index?
A 0 to 100 score built from Nifty valuations, volatility and market breadth. Low readings mean fear and high readings mean greed. It describes the market, it does not predict it.
Is this financial advice?
No. It is a calculator with transparent assumptions. Speak to a registered adviser for decisions about your own money.
