Goal SIP Calculator

Monthly SIP needed to reach any goal

Inputs
₹25.00 Lakh
yrs
%
%
Savings already set aside & step-up
₹
%
Results update as you type
Results
Monthly SIP needed
₹15,610
To reach ₹50.30 L in 12 years
Or invest once, today
₹12,91,202
A single lumpsum at the same expected return
Where the goal money comes from
  • Your SIPs₹22.48 L45%
  • Returns on SIPs₹27.83 L55%
Goal cost in future
₹50,30,491
Total you will invest
₹22,47,900
Growth from returns
₹27,82,591
Your path to the goal
015L30L45L60LY1Y3Y5Y7Y9Y11Y12
Projected valueAmount invested
Where the goal money comes from
Your SIPs: ₹22.48 LReturns on SIPs: ₹27.83 L₹50.30 LGoal
Your SIPs₹22.48 L44.7%
Returns on SIPs₹27.83 L55.3%

Year-by-year plan

YearMonthly SIPInvested so farProjected value
1₹15,610₹1,87,325₹1,99,959
2₹15,610₹3,74,650₹4,25,278
3₹15,610₹5,61,975₹6,79,173
4₹15,610₹7,49,300₹9,65,268
5₹15,610₹9,36,625₹12,87,647
6₹15,610₹11,23,950₹16,50,911
7₹15,610₹13,11,275₹20,60,247
8₹15,610₹14,98,600₹25,21,497
9₹15,610₹16,85,925₹30,41,245
10₹15,610₹18,73,250₹36,26,910

Understand the result

About the Goal SIP Calculator

What is goal-based SIP planning?

Goal-based investing starts from what you need the money for — a child’s education, a house down payment, a car, a dream holiday — and works backwards to the monthly amount you must invest to get there. It turns a vague wish into a specific SIP amount and a deadline.

This goal SIP calculator inflates the goal’s cost to the year you need it, accounts for savings you already have, and finds the monthly SIP (with an optional yearly step-up) or the one-time lumpsum that would reach the target at your expected return.

How this calculator works

Start from what the goal costs today. The calculator inflates that to the year you need the money, because a ₹25 lakh education will not cost ₹25 lakh twelve years from now.

Anything you have already saved for the goal grows alongside. The SIP only needs to cover what is left, and the calculator solves for the exact monthly amount — with an optional yearly step-up — that grows to that gap.

It also shows the single lumpsum that would do the same job, which is useful if you have a bonus or a maturing deposit to put to work.

Formula

Future goal   = Goal today × (1 + inflation)^years
Gap           = Future goal − Existing savings × (1 + return)^years
Monthly SIP   = Gap ÷ FV of ₹1 a month
FV of ₹1/mo   = [(1 + r)ⁿ − 1] ÷ r × (1 + r)     r = return ÷ 12,  n = months

Worked example

  1. A goal that costs ₹25 lakh today, needed in 12 years, with 6% inflation and a 12% expected return.
  2. Future cost = 25,00,000 × 1.06^12 ≈ ₹50.3 lakh.
  3. Monthly SIP needed ≈ ₹15,600. You invest about ₹22.5 lakh; returns supply the other ₹27.8 lakh.

Monthly SIP needed for common targets

Assumed 12% a year, no inflation adjustment and no existing savings
Target amountTime to goalMonthly SIPOr a lumpsum today
₹10 lakh5 years₹12,123₹5,67,427
₹25 lakh10 years₹10,760₹8,04,933
₹50 lakh15 years₹9,909₹9,13,481
₹1 crore20 years₹10,009₹10,36,668

Roughly the same monthly SIP reaches ₹10 lakh in 5 years or ₹1 crore in 20 — time does most of the work. Remember to inflate the target first: the calculator does this when you enter an inflation rate.

Matching investments to the goal’s horizon

  • Under 3 years: recurring deposits, FDs or liquid and short-term debt funds — you cannot afford a market fall just before the goal.
  • 3 to 5 years: a mix of debt and hybrid funds, with a modest equity share.
  • More than 5 years: mainly diversified equity funds, shifting gradually to safer options in the last two or three years before the goal.
  • Keep one investment per goal, or at least track them separately, so money for retirement is not spent on a car.

Assumptions & important notes

What this calculator assumes

  • Returns are steady at the rate you enter. Real market returns vary year to year, so build in a margin for important goals.
  • SIP instalments go in at the start of each month; the step-up is applied once a year.
  • Taxes on gains and fund expense ratios are not deducted.

Important notes

  • As the goal gets closer — typically three years out — move the corpus gradually from equity to debt so a market fall just before the deadline does not derail it.
  • Run each goal separately. Mixing a 3-year car goal and a 15-year retirement goal in one SIP hides the fact that they need different investments.

Frequently asked questions

How much SIP do I need for ₹1 crore?

At a 12% expected return and no inflation adjustment, roughly ₹10,000 a month for 20 years, ₹20,000 a month for 15 years, or ₹43,000 a month for 10 years. Set inflation to 0 and enter ₹1 crore to see the exact figure.

Should I adjust the goal for inflation?

Almost always. Unless the target is a fixed sum (like repaying a known loan), the cost of what you are saving for will rise. Education and healthcare costs in India have historically risen faster than general inflation.

What does step-up do?

It raises the SIP every year. Because you invest more later, when your income is higher, the starting SIP needed today is much smaller.

What if I miss my goal amount?

Re-run the calculator every year with your actual savings. If you are behind, increase the SIP, add a step-up, extend the deadline slightly or adjust the goal. Small corrections early are far easier than a large catch-up late.

Next steps

Keep planning

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