Goal SIP Calculator
Work backwards from a target amount to the monthly SIP it needs.
Result
- Estimated growth
- ₹24,17,567
- The part of the target the return is expected to contribute.
- Projected value
- ₹50,00,000
- Rebuilt month by month, so it can differ from the target by a few rupees of rounding.
- Lump sum instead
- ₹15,14,974
- One-time investment today that reaches the same target at the same assumed return.
| Year | Invested so far | Estimated value |
|---|---|---|
| 1 | ₹2,58,243 | ₹2,75,660 |
| 2 | ₹5,16,486 | ₹5,86,281 |
| 3 | ₹7,74,730 | ₹9,36,296 |
| 4 | ₹10,32,973 | ₹13,30,702 |
| 5 | ₹12,91,216 | ₹17,75,129 |
| 6 | ₹15,49,459 | ₹22,75,920 |
| 7 | ₹18,07,703 | ₹28,40,224 |
| 8 | ₹20,65,946 | ₹34,76,095 |
| 9 | ₹23,24,189 | ₹41,92,611 |
| 10 | ₹25,82,432 | ₹50,00,000 |
An estimate, not a guarantee. It assumes the return you entered is earned steadily every month; real mutual fund returns vary year to year and can be negative. Nothing here is investment advice.
Estimated from the numbers you entered — not a projection of guaranteed returns.
About this calculator
This is the SIP formula run backwards: instead of asking what a monthly investment grows into, it asks what monthly investment reaches an amount you name. Give it the target, the number of years you have and the return you expect to earn, and it solves for the instalment. The answer is only as good as the return assumption behind it, and a shortfall in that assumption means a shortfall in the goal.
Formula
- FV = P × (1 + i) × ((1 + i)^n − 1) ÷ i, with i = expected return ÷ 12 and n = months
- So P = FV ÷ [(1 + i) × ((1 + i)^n − 1) ÷ i]
- When i = 0 this collapses to P = FV ÷ n
Frequently asked questions
Why is the projected value a few rupees off the target?
The instalment comes from the closed-form formula, then the projection is rebuilt month by month in paise. The two agree to within a rounding error.
Should I adjust the target for inflation?
If the goal is a future cost — fees, a car, a house — inflate it first with the inflation calculator, then use that larger number here.
What if I already have some money saved?
Use the retirement SIP calculator, which subtracts the future value of your existing savings before solving for the instalment.