Goal-Based SIP Calculator
Tell us your goal amount and time horizon — we’ll tell you the monthly SIP required to get there.
Goal-based investing starts from the outcome instead of the product: decide what you need, roughly when you need it, and what it will cost, then work backwards to what you must save each month. Three things shape the answer. The amount should be in future rupees, because costs such as education and weddings tend to rise with inflation. The time horizon decides how much risk you can reasonably take: money needed in a few years generally belongs in lower-risk options, while goals many years away can tolerate more market swings. Theexpected return is an assumption, so test a cautious rate as well as an optimistic one.
Your Goal
Total amount you'll invest: ₹0
This is an estimate, not an offer. Mutual fund investments are subject to market risks. Read all scheme related documents carefully. The required SIP shown assumes a constant rate of return, which real markets do not provide.
Worked Examples
Retirement Corpus
Goal: ₹3 crore in 25 years at 11% expected return.
—/month
Child's Education
Goal: ₹40 lakh in 15 years at 12% expected return.
—/month
House Down Payment
Goal: ₹15 lakh in 5 years at 9% expected return.
—/month
Wedding Fund
Goal: ₹25 lakh in 8 years at 10% expected return.
—/month
Assumptions Behind These Numbers
- A constant return. The monthly rate is the annual rate divided by 12, so an assumed 12% means 1% a month. Real markets rise and fall, and returns are not guaranteed.
- A flat SIP invested at the start of each month, for the whole period, with no step-up.
- The target is in future rupees. It is not adjusted for inflation, so if your goal is priced in today's money, inflate it first.
- No costs or taxes. Expense ratios, exit loads, and taxes on gains are ignored, so real outcomes will be lower.
The return assumption is the biggest lever. The ₹40 lakh, 15-year education goal needs ₹7,927 a month at 12%, but ₹9,571 at 10% and only ₹6,527 at 14%. If you are unsure, plan on a cautious rate and revisit it every year.
Frequently Asked Questions
How is the required monthly SIP calculated?
It reverse-solves the standard SIP future-value formula for the monthly instalment: Required Monthly SIP = FV × r / [{(1+r)^n − 1} × (1+r)], where FV is your target amount, r is the monthly rate of return, and n is the number of months.
What if I increase my SIP every year (step-up SIP)?
This calculator assumes a flat, unchanging monthly SIP for the full duration. A step-up SIP (increasing your investment amount annually) would let you reach the same goal with a lower starting SIP — that’s a more advanced projection not covered by this basic version.
Are these worked examples exact for my situation?
No — they use illustrative assumptions (target amount, years, and expected return) to show how the method works. Use the calculator above with your own numbers for a personalized estimate.