Goal Planner
Find the SIP needed to reach a target amount.
Illustrative only — assumes a constant return and steady contributions. Actual mutual-fund returns vary and are not guaranteed. Not investment advice.
About the Goal Planner
A goal planner works backwards from a target amount. Tell it how much you need, by when, and the return you expect, and it calculates the monthly SIP required to get there — ideal for planning a home down-payment, a child’s education, or retirement.
How it’s calculated
The calculator rearranges the SIP future-value formula to solve for the monthly instalment instead of the final corpus. Given your target, time frame and expected return, it finds the fixed monthly amount whose compounded value equals your goal.
P = FV × i / [ ((1 + i)^n − 1) × (1 + i) ]P = required monthly investment, FV = your target amount, i = monthly return (annual ÷ 12 ÷ 100), n = number of months to the goal.
Frequently Asked Questions
How do I calculate the SIP needed for a financial goal?
Work backwards from the target using P = FV × i / [((1+i)^n − 1) × (1+i)], where FV is your goal, i the monthly return and n the months available. The goal planner does this instantly — just enter the target, years and expected return.
How much do I need to invest monthly to reach ₹1 crore?
It depends on your time frame and return. Over a longer horizon the monthly amount is far smaller because compounding does more work. Enter ₹1,00,00,000 as the target in the goal planner to see the exact monthly SIP for your chosen years and return.
What return should I assume for goal planning?
Use a realistic, slightly conservative figure for the asset you will invest in — long-term diversified equity funds have historically returned around 10–12%, but nothing is guaranteed. A conservative estimate keeps your plan on the safe side.
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