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 — or use the inflation-adjusted SIP calculator, which does that step for you from a goal priced in today's money.
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