Marginally, because cash is invested a little earlier on average. Over 10 years the difference is typically under 1% of the corpus — far smaller than fund selection or staying invested.
Daily SIP Calculator
Project a SIP that invests every trading day and compare it with the same money invested once a month. The gap is smaller than most people expect — see the numbers and decide what suits you.
Daily SIP value
₹14,11,470
Invested amount
₹7,30,000
Estimated returns
₹6,81,470
Monthly SIP of ₹6,083 would give
₹14,13,396
Difference
-₹1,926
Daily vs monthly SIP at the same yearly outlay
| Year | Daily: value | Monthly: value | Difference |
|---|---|---|---|
| 1 | ₹77,573 | ₹77,923 | -₹350 |
| 2 | ₹1,65,034 | ₹1,65,729 | -₹695 |
| 3 | ₹2,63,644 | ₹2,64,672 | -₹1,028 |
| 4 | ₹3,74,824 | ₹3,76,162 | -₹1,338 |
| 5 | ₹5,00,177 | ₹5,01,792 | -₹1,615 |
| 6 | ₹6,41,510 | ₹6,43,355 | -₹1,845 |
| 7 | ₹8,00,859 | ₹8,02,872 | -₹2,013 |
| 8 | ₹9,80,520 | ₹9,82,620 | -₹2,100 |
| 9 | ₹11,83,084 | ₹11,85,164 | -₹2,080 |
| 10 | ₹14,11,470 | ₹14,13,396 | -₹1,926 |
- 365 instalments a year, compounding at the instalment frequency; monthly comparison uses the same total money per year.
How the Daily SIP Calculator works
A daily SIP debits a small amount every business day. Over a year you make ~250 market-day purchases instead of 12, so the averaging is finer — but the money is also invested only a few days earlier on average, which is where the extra return comes from.
The calculator compounds at daily frequency (365 periods a year) and compares against a monthly SIP of 365 ÷ 12 times the daily amount, so both paths invest the same money each year.
FV = A × [ ((1+i)^N − 1) / i ] × (1+i)
- A
- daily instalment
- i
- annual return ÷ 365
- N
- years × 365
Worked example
- Daily investment: ₹200
- Expected return (p.a.): 12%
- Time period: 10 Yr
₹200 a day is ₹73,000 a year. Over 10 years at 12% the daily SIP grows to roughly ₹14.2 lakh, while a monthly SIP of ₹6,083 (the same yearly money) reaches about ₹14.1 lakh. The daily route is ahead by well under 1% — convenience, not maths, should decide.