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sip calculatorSIPs don’t always have to be monthly payments. They can be daily too. Use this daily sip calculator to see what tiny daily investments can grow into over the long term.
A daily SIP calculator is an investment tool that shows the future value of the SIP payments you make every day. It is calculated based on your expected return and investment period. Think of these micro-investments as small drops that help fill your wealth bucket over time.
Instead of the monthly SIP amount, you enter how much you want to invest every day. The calculator does the number crunching and tells you what it may be worth at the end of your investment period. Note that the calculator's final number is only an estimate. Actual future value and return may differ since mutual funds are linked to the market.
The idea behind daily SIP is simple. If you plan to invest ₹10,000 every month, it can feel like a big commitment. But if you break the same ₹10,000 down into daily payments of ₹500, it looks much more manageable. What it technically does is spread your investment across small installments.
If you fall into any of these buckets, then a daily SIP can be a suitable choice:
Since daily SIPs involve more payments, it is worth checking how that affects the final value using the daily SIP calculator.
Daily SIP installments over years can add up to a large amount, making it hard to calculate manually. The calculator does that instantly. It also helps you plan your investments better. Here are some ways in which the daily SIP calculator proves to be a very helpful tool:
To calculate the future value of your investment, start by entering the amount you plan to invest every day in the “I’m dropping in” section of the daily SIP calculator. Then enter the rate of return at which you expect your SIP to grow, along with the number of years you plan to stay invested.
As soon as you enter the above details, the daily SIP calculator instantly tells you how much your investment is expected to grow. It treats each payment as a separate investment. Suppose you start with ₹500 per day, at a 12% expected rate of return for 10 years. The daily SIP return calculator estimates your investment’s future value at ₹35.29 lakh. This includes the ₹18.25 lakh you invested and ₹17.04 lakh in expected returns.
It shows how small, consistent investments like daily SIPs can grow over time through compounding. If daily feels too frequent, you can opt for a weekly SIP. To check what your future value looks like with weekly payments, run your numbers on the weekly SIP calculator. You can pair this with the goal SIP, FIRE, 50-30-20 rule, and step-up calculators to plan your finances better.
Both daily and weekly SIPs offer systematic ways to invest in short intervals. Which one’s better for you depends on how you prefer to manage and invest your money.
Here’s a quick comparison between the two that can help:
| Particulars | Daily SIP | Weekly SIP |
|---|---|---|
| Investors | Better for gig workers, students, freelancers, or anyone with a small amount to start with. | Better for freelancers with irregular income, students saving pocket money or weekly earners. |
| Cost Average | Smoothest averaging, capturing maximum price points in a year. | Slightly broader averaging, which is somewhere between the daily and monthly SIP. |
| Taxation Tracking | Transaction volume is the highest (roughly around 22 every month, 264 a year). | There are four transactions every month (about 52 a year). |
| Effort Required | Higher: Requires monitoring account balance every day to avoid penalty charges. | Medium: Simply keep enough balance in your account on the chosen day. |
| Suitable Funds | Better for volatile funds like small-cap and micro-cap. | Better for high-beta funds like small-cap, mid-cap, and thematic investments. |
At the end of the day, no option is better than the other. It all comes down to how often you prefer to track your investments. If you can spare to invest every day based on your money flow, a daily SIP can be better. But if you prefer budgeting your money every week, a weekly SIP calculator can help you with that. More than choosing the perfect frequency, getting started with regular investing matters.
You can start a daily SIP on Millions in minutes by following this simple process:
That is all it takes to set up a daily SIP and begin your investment journey. It is best not to chase funds based solely on huge historical returns. Start small by investing in low-risk funds while you explore different investment options. Diversify across asset types and grow your portfolio sustainably over time.
The minimum amount varies by investment platform and mutual fund. It can start as low as ₹100 depending on your selection.
Yes. Several investors find it convenient to set up multiple SIPs based on their financial objectives and cash flow preferences. No problems between the two.
Yes, it does, as the fund is averaged every day via SIPs. In a monthly SIP, rupee cost averaging takes place 12 times a year, while for a daily SIP, it is 365 times a year.
A Daily SIP allows you to make more frequent investments in the market, regardless of ups and downs. So, it offers better rupee-cost averaging. However, it does not remove market risk.
No. The taxation rules remain the same. SIPs can be set up daily or monthly, but tax will be applicable based on the type of mutual fund and the length of time you hold the investment, not the frequency of your SIPs.
Yes. Most mutual fund companies and investing platforms let you stop, adjust or resume your SIP at any time. Note that any terms and conditions on the platform will vary and should be checked before making changes.
Yes, it can be a good starting point. Investing ₹100 every day for a year can add up to a meaningful amount. At an expected rate of 12% per annum, it can grow up to ₹30.48 lakh in 20 years.
No. The daily SIP operates on days when the stock market is open. On weekends and holidays, the system skips deductions.
Yes, you can switch from a monthly SIP to daily SIP, or from a daily SIP to monthly SIP. All you have to do is cancel one and start the other. Make sure the new mandate is activated in time so your investing schedule doesn’t get off track.
If you are investing for the long term, it does not make much difference. Whether you take a daily SIP or a monthly SIP, consistent investing and compounding reduce the impact of market volatility.
Not necessarily. Your earnings depend on the actual returns delivered by the mutual fund. How much you invest and how long you stay invested also matter. Simply investing in a daily SIP doesn’t mean you will get higher returns.
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