📊 FD vs SIP Investment Calculator

Same duration • Same goal • Easy comparison
Easemoney Insight: Adjust years — short term usually suits FD, long term favors SIP.

📈 SIP (Systematic investment plan)

Market fluctuation simulates real market ups & downs. ON = realistic market movement OFF = steady average return

🏦 FD (Fixed Deposit)

FD shows guaranteed bank maturity value.
Change values to see comparison.
📘 Tax Example (Simple Explanation)
FD: Interest is added to your income and taxed according to your tax slab every year.

SIP (Equity Mutual Fund):
No yearly tax while invested.
After 1 year holding → first ₹1.25 lakh profit is tax-free.
Above that → only 12.5% tax on gains.

This is why long-term investors often prefer SIP for wealth creation.
This tool compares returns before tax. Real returns may vary with market conditions.
⭐ Recommended for you
Offers based on your loan profile & financial needs
Recommended for You

🏦 Today Fixed Deposit Rates (India 2026)

Explore current FD interest rates of major banks, small finance banks, post office schemes, and co-operative banks in India.

Understanding: FD Vs SIP — What Is it?

Updated: February 2026

The choice between a Fixed Deposit (FD) and a Systematic Investment Plan (SIP) depends mainly on three things: your goal, how much risk you can handle, and how long you want to invest.

In simple terms, FD gives safety and fixed return. SIP gives growth but returns can change because it depends on the stock market.

Quick understanding:
  • FD = capital protection and predictable income
  • SIP = long-term wealth creation through compounding

Fixed Deposit (FD)

A Fixed Deposit is a bank product where you deposit a lump sum amount for a fixed period and earn a guaranteed interest rate.

  • Best for short-term goals (1 to 3 years)
  • Returns usually between 6% and 8.6% in 2026
  • No market risk
  • Money value does not fluctuate
  • Suitable for emergency fund and near-term expenses

Some small finance banks are offering higher rates. For example: Unity Small Finance Bank FD Interest Rates

Systematic Investment Plan (SIP)

A SIP is a method of investing regularly (usually monthly) into mutual funds. Most SIP investors choose equity mutual funds.

  • Best for long-term goals (5 years or more)
  • Returns are market-linked, not guaranteed
  • Historical average returns around 11% to 15%
  • Value goes up and down in short term
  • Suitable for retirement, children education and wealth building
Easemoney Insight: FD protects your money. SIP grows your money.

2026 Market Insights

  • Small Finance Banks are offering up to 8.6% interest in early 2026
  • Large banks generally offer 6% to 7.5%
  • Top performing small and mid-cap SIPs have shown 5-year returns above 20% CAGR

Taxation (Basic Understanding)

FD and SIP are taxed differently in India.

  • FD interest is added to your total income and taxed as per your tax slab
  • TDS limit for FY 2025-26: ₹50,000 (₹1,00,000 for senior citizens)
  • SIP in equity mutual funds has no yearly tax while invested
  • Long-term capital gains up to ₹1.25 lakh per year are tax-free

Official income tax rules can be checked here: Income Tax Department Guidance

Which One Should You Choose?

  • If your goal is within 1-3 years → FD is usually better
  • If your goal is 5+ years away → SIP is usually better
  • If you want safety → choose FD
  • If you want growth → choose SIP
Practical tip: Many investors keep emergency savings in FD and invest extra money through SIP.

Differences Between FD and SIP (2026)

Feature Fixed Deposit (FD) Systematic Investment Plan (SIP)
Investment Style Lump sum deposit once Regular small investments monthly
Returns Fixed and known in advance (approx. 6% – 9.1%) Market-linked; varies yearly (historically ~12% – 15%)
Risk Level Very low risk Moderate risk (value may go up and down)
Minimum Amount Usually ₹1,000 – ₹10,000 Can start from ₹100 – ₹500
Liquidity Premature withdrawal penalty possible Money can be withdrawn anytime (exit load may apply)
Tax Treatment Interest taxed as income Long-term gains taxed only after redemption
Inflation Impact Often struggles to beat rising prices Historically beats inflation over long period
Flexibility Amount and tenure fixed Can increase, pause or stop anytime
Example Comparison (5 Years Investment)

Monthly Investment: ₹10,000 Total Invested in 5 years: ₹6,00,000
  • Estimated FD interest rate: 7% p.a.
  • Estimated SIP return: 12% annual average
Estimated FD maturity value: ~₹7.0 lakh
Estimated SIP value: ~₹8.4 – ₹8.8 lakh
This is an illustration based on average returns. SIP returns are not guaranteed and can vary with market conditions.

SIP OR Fixed Deposit — Practical Comparison (Real Life View)

If Market Falls Suddenly
FD:
Your money does not change. Interest continues normally. You feel safe.
SIP:
Value may go down for some time. But you buy units cheaper during fall. Long-term investors actually benefit.
If You Need Money Urgently
FD:
Bank allows withdrawal but charges penalty. You lose some interest.
SIP:
You can redeem anytime. Money usually credited in 1–3 working days.
After 2–3 Years
FD:
Returns are predictable. Usually better than SIP for short duration.
SIP:
Returns uncertain. May be higher or lower than FD.
After 8–10 Years
FD:
Money grows slowly. Inflation reduces real value.
SIP:
Compounding becomes strong. Wealth difference becomes large.
Investor Behavior
FD:
Suitable for safety-focused investors. Good for retirees and emergency savings.
SIP:
Suitable for long-term planners. Good for retirement and children's education.
Simple Understanding:
FD protects your money today. SIP builds your money for the future.

FD vs SIP: Which is Better?

In 2026, the answer is not about which product is superior. The real answer depends on how long you can stay invested and how comfortable you are with changes in value.

A Fixed Deposit and a Systematic Investment Plan serve two different purposes in personal finance. One protects money. The other grows money.

Simple understanding:
FD is for stability and certainty.
SIP is for growth and future wealth.

How People Actually Use FD in Real Life

Most households in India use FD when the money has a fixed use and fixed date. The main goal is safety, not high return.

  • Emergency savings kept for medical need
  • Money reserved for school or college fees
  • Funds required for a purchase in the near future
  • Retired individuals needing stable income

The main benefit here is predictability. The investor already knows the maturity amount. There is no uncertainty.

How SIP Works in Real Life

SIP is usually used by salaried individuals who save every month. The aim is not immediate use of money but future financial security.

  • Retirement planning
  • Children higher education planning
  • Long-term wealth creation
  • Beating inflation over many years

Unlike FD, the value of SIP does not move in a straight line. Some months it increases, some months it falls. But over long periods, compounding starts making a visible difference.

Time Horizon Is the Real Decision Factor

Most confusion between FD and SIP happens because investors compare them for the same time period. They are not designed for the same duration.

  • 1–3 years → FD usually works better
  • 5+ years → SIP generally becomes more effective
  • 10+ years → SIP compounding becomes significant
FD protects purchasing power in the short term. SIP improves purchasing power in the long term.

What Is the FD vs SIP Investment Calculator?

The calculator on this page compares two situations:

It estimates how much money a lump sum bank deposit may grow into, and compares it with how much a regular monthly investment could grow over the same period.

The calculator helps you understand:

  • Expected maturity value of FD
  • Estimated future value of SIP
  • The impact of time on compounding
  • How long-term investing changes results

It does not predict the stock market. Instead, it gives a realistic projection using average return assumptions so you can see the difference clearly before making a decision.

Why Many Investors Use Both

In practice, experienced investors rarely choose only one option.

  • FD is used as financial safety
  • SIP is used for financial growth

This balance helps avoid panic during market falls while still allowing wealth to grow over time.

Final understanding: FD answers the question “Will my money be safe?” SIP answers the question “Will my money grow enough for the future?”

How The Tax work: Taxation (FY 2025-26)

In India, Fixed Deposits and SIP investments are taxed very differently. FD interest is treated like salary income, while SIP gains are treated as investment gains. Because of this, the final money you receive can change significantly.

Feature Fixed Deposit (FD) SIP – Equity Mutual Fund SIP – Debt Mutual Fund
Tax Type Income from Other Sources Capital Gains Capital Gains
Tax Rate Your income tax slab (0%–30%+) 20% (≤12 months) or 12.5% (>12 months) Your income tax slab
TDS 10% if interest exceeds ₹50,000 (₹1L seniors) No TDS for residents No TDS for residents
Tax-Free Limit No exemption First ₹1.25 lakh long-term gain tax-free No exemption
80C Benefit Only 5-year tax saver FD Only ELSS SIP None
Important: Banks deduct TDS automatically. If PAN is not submitted, TDS becomes 20%. If your total income is below taxable limit, Form 15G or 15H can prevent deduction.

How FD Tax Works (Practical)

FD interest is added to your yearly income. It does not matter whether you withdraw the interest or not — it is still taxable every year.

Senior citizens can claim deduction up to ₹50,000 under Section 80TTB on interest income.

How SIP Tax Works

Each SIP instalment is treated as a separate investment. Tax depends on how long that instalment stayed invested.

  • Sold within 12 months → Short Term Capital Gain (20%)
  • Held more than 12 months → Long Term Capital Gain
  • First ₹1.25 lakh yearly gain is tax-free

Debt mutual funds (after April 2023) are taxed according to your income slab, similar to FD, but without TDS deduction during investment.

Real Life Example

Suppose two people invest ₹6,00,000 over 5 years. Person A chooses FD at 7% Person B invests ₹10,000 monthly in equity SIP After 5 years: FD interest earned ≈ ₹1,20,000 If the person is in 30% tax slab → tax ≈ ₹36,000 Actual gain after tax ≈ ₹84,000 SIP gain ≈ ₹2,40,000 First ₹1.25 lakh gain → tax free Remaining taxable gain ≈ ₹1,15,000 Tax at 12.5% ≈ ₹14,375 Even with similar investment, tax treatment changes final return significantly.
Simple understanding: FD taxes reduce returns every year. SIP taxes apply only when you redeem, and long-term gains receive exemption.

FD vs SIP – Frequently Asked Questions

What is ₹5,000 monthly SIP for 10 years?
If ₹5,000 is invested monthly for 10 years at 12% average return, total investment ₹6,00,000 may grow around ₹11–12 lakh. Actual value depends on market conditions and discipline.
How to double ₹10 lakh in 5 years?
To double ₹10 lakh in 5 years requires about 14.9% annual return. Bank FD cannot achieve this normally; diversified equity mutual fund SIP or lump sum investment is typically required.
What will ₹1 lakh FD become after 5 years?
At 7% yearly interest compounded quarterly, ₹1 lakh FD becomes approximately ₹1.40 lakh after 5 years. Tax on interest will reduce the actual amount received depending on tax slab.
SIP or FD which is safer?
FD is safer because capital value does not change and deposits are insured up to ₹5 lakh per bank. SIP fluctuates short term, but long holding periods significantly reduce risk probability.
Which is better SIP or FD?
FD is better for short-term needs under three years. SIP is better for goals beyond five years like retirement or education, as compounding and equity growth usually outperform fixed interest.
FD vs SIP vs Mutual Fund difference?
FD is bank deposit with fixed return. SIP is a method of investing regularly into mutual funds. Mutual fund is the product; SIP is the investment mode inside mutual fund.
What interest rate does SIP give?
SIP has no fixed interest rate. Equity mutual funds historically delivered around 11%–15% annualized long-term returns in India, but actual performance varies depending on market cycles and fund selection.
Is FD 100% safe?
FD is considered low risk but not fully risk-free. Deposit Insurance and Credit Guarantee Corporation protects only up to ₹5 lakh per bank account holder, including principal and accumulated interest.
Which bank gives 9.5% FD interest?
Some small finance banks occasionally offer above 9% senior citizen special tenures. Rates change frequently, and higher interest usually comes with longer lock-in and smaller bank risk considerations.
Can SIP give negative returns?
Yes, SIP can show temporary negative returns during market falls, especially within first one or two years. However, long-term investing historically recovered and generated positive returns over extended periods.
Does SIP beat inflation?
Equity SIP historically beat inflation in India because corporate earnings grow with economy. FD interest often only matches inflation, so real purchasing power may not increase significantly long term.
Can I withdraw SIP anytime?
Yes, open-ended mutual fund SIP investments can be redeemed anytime. Money is usually credited within one to three working days, though exit load may apply if withdrawn before one year.
Is SIP good for beginners?
SIP is suitable for beginners because it spreads investment over time, reduces timing risk, and encourages savings discipline. Even small amounts like ₹500 monthly can build long-term financial habit.
Why do people keep both FD and SIP?
Investors combine FD and SIP to balance stability and growth. FD handles emergencies and short-term needs, while SIP handles long-term goals like retirement, reducing financial stress during market volatility.
Is SIP taxable every year?
SIP is not taxed annually while invested. Tax applies only when units are sold. Long-term equity gains up to ₹1.25 lakh per year remain tax-free under current financial year rules.
Scroll to Top
We use cookies in order to give you the best possible experience on Easemoney website. By continuing to use this site, you agree to our use of cookies.
Accept
Reject