Know the amount you need — a home down-payment, a child's education, FIRE? Enter the target, the time you have and an expected return to find the monthly SIP required.
Illustrative only. Assumes a constant annual return compounded monthly. Not investment advice.
It rearranges the SIP formula to solve for the monthly amount given a target corpus:
P = FV × i ÷ [ ((1 + i)n − 1) × (1 + i) ]
where FV is your target, i is the monthly return and n is the number of months.
A goal that costs ₹20 lakh today will cost more in 15 years. For long-dated goals, set your target to the future cost (today's cost grown by inflation), not today's price. Our retirement calculator handles inflation automatically.
If the required SIP looks steep, you have three levers: invest for longer, accept a higher-risk (higher-return) allocation, or use a step-up SIP so the early instalments are smaller.
ARTHUM