How are Mutual Fund returns taxed in India (Budget 2024)?

For Equity Mutual Funds: Gains held = 12 months are LTCG taxed at 12.5% on profits exceeding ₹1.25 Lakhs per financial year. Debt funds are taxed at your income slab rate.

Mutual Fund Returns Calculator (Hybrid SIP + Lumpsum)

Model combined growth from both an initial one-time lumpsum investment and ongoing monthly SIP contributions in Indian mutual funds.

Initial Lumpsum Investment (₹)

₹

₹0₹10,00,000

Monthly SIP Amount (₹)

₹

₹500₹2,00,000

Expected Return (% p.a.)

6%12% (Nifty 50)25%

Time Horizon (Years)

Yrs

1 Yrs30 Yrs

Total Projected Portfolio Value

₹24,78,683

Over 10 years at 12% CAGR

Total Invested Capital

₹12,50,000

Estimated Compounded Gains

+₹12,28,683

Lumpsum Portion Value

₹1,55,292

SIP Portion Value

₹23,23,391

Total Invested (50%)Estimated Returns (50%)

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*Calculations are based on monthly compounding. Mutual funds are subject to market risks.

Important Educational Disclaimer for Calculator Results:

Calculations are estimates based on your entered inputs and selected return or inflation assumptions. Results are illustrative, hypothetical, and not guaranteed. Actual market returns, interest rates, tax liabilities, and inflation rates will vary and may materially alter your final outcome. This calculator does not constitute financial, investment, or tax advice.

What will your mutual fund portfolio be worth?

Starting with ₹50,000 upfront and adding ₹10,000 every month for 10 years at an expected 12% CAGR creates an estimated total corpus of ₹24,78,683.

Total Capital Invested: ₹12,50,000 (Lumpsum ₹50,000 + SIP ₹12,00,000).
Estimated Compounded Gains: ₹12,28,683 (50% of your ending wealth).
Direct mutual fund plans save approximately 0.75%–1.20% in annual distributor commissions, adding lakhs over a decade.

How This Calculator Works

Combines the compound growth of your starting capital with the monthly future value of an annuity due for your regular monthly SIP installments.

Total Value = [Initial Lumpsum × (1 + r)^t] + [Monthly SIP × {((1 + i)^n - 1) / i} × (1 + i)]

Variables in Formula:

Initial Lumpsum: Starting capital invested on day one (₹)

Monthly SIP: Recurring monthly investment (₹)

r: Expected annual compounding rate (% p.a.)

t / n: Years elapsed / Total monthly installments (Years × 12)

Worked Step-by-Step Example

You start with a ₹50,000 Diwali bonus as lumpsum and start a ₹10,000/month SIP in a Nifty 50 Index Fund for 10 years at 12% CAGR.

Total Capital Out of Pocket₹12,50,000

Estimated Wealth Created₹12,23,654

Total Projected Corpus₹24,73,654

Key takeaway: Your total wealth nearly doubles, with your initial ₹50,000 lumpsum alone growing into ₹1.55 Lakhs while your SIP adds another ₹23.18 Lakhs.