How This Works
Instead of asking "how much will my SIP grow to," this calculator works backwards from a goal: tell it the target amount you need, your expected annual return, and your time horizon, and it computes the exact monthly SIP required to get there.
This is the calculation behind most goal-based financial planning — a house down payment, a child’s education fund, or a retirement corpus all start with a target number and a deadline, and the required monthly investment follows from those two inputs and your assumed rate of return.
Frequently Asked Questions
How do I decide my target amount?
Start from the actual future cost of your goal — for example, today’s cost of a purchase or expense adjusted for inflation over your time horizon. The Inflation Impact calculator can help estimate that future cost.
What return rate should I assume?
This depends on the asset class you plan to invest in. Equity mutual funds are commonly assumed in the 10-14% long-term range, while debt-oriented investments are typically lower — use a conservative estimate for essential goals.
What if I can’t afford the required SIP?
You can adjust the inputs — a longer time horizon, a lower target, or a higher assumed return (by taking on more equity exposure, and more risk) will all reduce the required monthly SIP.
Want This Tracked Automatically?
The PlusFinance dashboard tracks your real investments, loans and goals alongside calculators like this one — free to use, and always up to date.