Priced today? Aim for ₹47,93,116
If the goal costs ₹20,00,000 today, at 6% inflation it will cost about ₹47,93,116 in 15 years.
Goal Planner
Find the monthly SIP needed to reach a target corpus.
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Goal Planner
Find the monthly SIP needed to reach a target corpus.
20 lakh · type 5k, 1.5L or 2cr
% p.a.
years
%
A step-up raises the monthly amount once a year, usually with a salary rise.
Monthly SIP needed₹3,964
Invest ₹3,964 a month to reach ₹20,00,000 in 15 years. You put in ₹7,13,470; growth supplies ₹12,86,530.
- You invest₹7,13,470
- Growth supplies₹12,86,530
- Target₹20,00,000
Or start at ₹2,303 with a 10% step-up
Raise it 10% each year and you reach the same target from a lower start.
Two years later needs ₹5,320 a month
Starting in two years with the same deadline takes ₹1,356 more every month.
Year by year
How the goal planner works
The goal planner works backward to determine the exact monthly contribution needed to accumulate a target corpus. Instead of guessing how much to invest, you input your desired target nest egg and let the calculator solve for the required monthly SIP.
How to Use: 1. Enter your target corpus amount (e.g. ₹2,000,000 for a house down payment or wedding). 2. Input the "Expected return rate" of your portfolio. 3. Adjust the "Time to goal" sliders to set how many years you have to invest.
Understanding the Results: The headline shows the "Monthly SIP needed" to reach your goal on time. The breakdown shows the total capital you will contribute versus the "Growth needed" from compound returns to bridge the gap. This helps turn long-term targets into actionable monthly habits.
The formula
Monthly SIP = Target ÷ ([((1 + i)^n − 1) ÷ i] × (1 + i))
- Target: the amount you want to reach
- i: the monthly rate: annual rate ÷ 12
- n: the number of months to the goal
It is the SIP formula solved backwards: instead of asking what a monthly amount grows to, it asks what monthly amount reaches the target.
A worked example
To reach ₹20,00,000 in 15 years at 12% a year, you would invest about ₹3,964 a month. That is ₹7,13,470 from you; compounding supplies the other ₹12,86,530.
Questions people ask
How much SIP do I need to reach a goal?
Enter the target, the time you have and a return you are comfortable assuming. The calculator solves the SIP formula backwards and shows the monthly amount that reaches the target on time.
Should my goal amount include inflation?
Yes, if the goal is years away. Enter what the goal will cost then, not what it costs today. The purchasing power calculator shows that figure for any amount and number of years.
What if I cannot afford the SIP the calculator shows?
Give the goal more time, lower the target, or start with what you can afford and raise the SIP each year as your income grows. A longer runway lowers the monthly amount the most.
Related calculators
- SIP Calculator: Free SIP calculator: see how a monthly mutual-fund SIP compounds over time, total invested vs. projected value, and plan your SIP in seconds.
- Purchasing Power Calculator: See what any amount is really worth after inflation: its buying power in today’s money, and what you would need later to match it.
- Retirement Calculator: Estimate the retirement corpus you need and the monthly saving required to get there, adjusted for inflation and returns.
Further reading
Estimates are for illustration only and assume constant returns. Actual returns vary with market conditions. This is not investment advice.