Goal-based SIP Calculator — monthly investment for any target
Calculate the monthly SIP needed to reach any financial goal — house, car, child education, wedding. Inflation-adjusted.
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About the Goal Calculator
Goal-based planning is the right way to think about money. Instead of 'how much should I save?', ask: 'what do I want, when, and what will it cost then?' This shift in framing — from generic wealth accumulation to specific outcome-driven planning — is the single biggest behavioral upgrade Indian retail investors can make. It eliminates the 'how much is enough?' anxiety and replaces it with concrete monthly targets that you can actually achieve.
This calculator answers: given a target (in today's rupees), a timeline, and expected return, what monthly SIP gets you there? It factors inflation so the number is realistic. The math first inflates your target to its future cost, then back-solves for the monthly contribution required at the given expected return. Default inflation is set to 6%; bump it to 8–10% for education goals, 8% for healthcare, 5–7% for real estate.
Examples for a ₹50L goal in 10 years at 12% return, 6% inflation: starting from zero needs ₹44,000/month. With ₹5L already saved, drops to ₹37,700/month. Time is your biggest lever — extending the same goal to 15 years drops the SIP to ₹19,000/month, less than half. Doubling the horizon roughly halves the SIP needed, every single time. This is why starting young is dramatically more important than picking 'the best' fund.
Three real-world Indian goals priced in today's money and projected forward: Engineering college (current cost ~₹16L for 4 years at IIT/NIT, ~₹40L at private engineering) at 9% education inflation: needs ₹38L–₹95L in 15 years. Mid-range Indian wedding (current ₹15–25L) at 7% inflation: needs ₹40–67L in 15 years. Down payment on ₹1Cr Tier-1 city apartment (currently 20% = ₹20L) at 6% real estate inflation: needs ₹48L in 15 years. Building toward all three simultaneously requires multi-bucket SIP allocation.
Three levers when the suggested SIP feels unaffordable: (1) Extend the horizon — the most powerful lever. Going from 10 to 15 years roughly halves the required SIP. (2) Start with a lumpsum and lower the monthly. Putting in ₹1L upfront cuts the SIP need by 5–8% over 15 years. (3) Accept a lower target. Don't accept a higher return assumption — that's wishful thinking and often leads to over-aggressive equity allocation in goals that need protection. For goals less than 3 years away, use debt funds or RDs (not equity SIPs) — equity volatility can blow up short-horizon goals.