Target SIP Calculator
Most people invest first and hope. This calculator flips it: start from the goal — ₹1 crore for retirement, ₹30 lakh for a child's education — and work backwards to the monthly SIP that gets you there.
It's also the fastest reality check in personal finance. Want ₹2 crore in 15 years at 12%? You need about ₹33,500/month starting today. If that number shocks you, better to know now — you can extend the timeline, raise the return assumption, or start with a step-up SIP.
Four steps, thirty seconds.
Enter your target corpus. Be specific — a real goal (₹50 lakh for a home down payment in 8 years) beats a round number.
Set expected return and years. Use a return slightly below your best hope; use the actual years you have.
Read your required monthly SIP. That's the cheque you need to write every month, starting now.
If it's unaffordable, adjust. Add 2–3 years, or switch to a step-up SIP starting smaller. Don't just crank up the return assumption.
The formula (SIP formula solved for M): M = FV × r / [((1+r)n − 1) × (1+r)], where FV is the target, r the monthly return, n the months.
Worked example: ₹1 crore target, 12% p.a., 10 years → ₹43,041/month. You invest ₹51.6 lakh; compounding contributes the remaining ₹48.4 lakh.
Algebraic inversion of the standard SIP future-value formula (AMFI methodology).
Three levers: more time (start earlier or delay the goal), a step-up SIP starting smaller, or a smaller goal. Raising the assumed return is the dangerous lever — don't.
Yes, ideally. ₹1 crore in 15 years at 6% inflation buys what ~₹42 lakh buys today. Either inflate your target or think in today's money.
No — it projects pre-tax corpus. Equity LTCG (12.5% above ₹1.25 lakh/year) applies on withdrawal; factor a haircut for large goals.
The math is SIP-specific (monthly investing). For a one-time investment, use our Lumpsum Calculator.
Disclaimer: Educational illustration only — not financial advice. Assumes constant returns and zero missed instalments; consider inflation and taxes when setting real goals.