SIP
See what a fixed monthly investment in a mutual fund could grow to, for a return you assume.
Mutual funds
Goal calculator
Find the monthly amount that gets you to a target by a date, such as a down payment or school fees.
years
%
Your assumption, not a quote. Past returns do not set what comes next.
%
Prices of most goals rise. Use 0 to ignore it.
Raise the SIP every year
Monthly rate
A goal that costs ₹50,00,000 today could cost ₹89.54 lakh in 10 years. At an assumed 12% a year, a monthly SIP of ₹38,540 could reach it.
- Cost of the goal then
- ₹89,54,238≈ ₹89.54 lakh, after 6% a year inflation
- Or one lump sum today
- ₹28,83,025≈ ₹28.83 lakh
- Monthly SIP needed
- ₹38,540About ₹46.25 lakh put in over the period.
Closing in on the goal
Tap or hover the chart, or use the slider, to read any year.
- SIP value
- Cost of the goal
- Amount invested
After 10 years
SIP value
₹89,54,238
Cost of the goal
₹89,54,238
Amount invested
₹46,24,743
Year-by-year table
| Year | SIP value | Cost of the goal | Amount invested |
|---|---|---|---|
| 0 | ₹0 | ₹50,00,000 | ₹0 |
| 1 | ₹4,93,665 | ₹53,00,000 | ₹4,62,474 |
| 2 | ₹10,49,940 | ₹56,18,000 | ₹9,24,949 |
| 3 | ₹16,76,764 | ₹59,55,080 | ₹13,87,423 |
| 4 | ₹23,83,085 | ₹63,12,385 | ₹18,49,897 |
| 5 | ₹31,78,986 | ₹66,91,128 | ₹23,12,372 |
| 6 | ₹40,75,826 | ₹70,92,596 | ₹27,74,846 |
| 7 | ₹50,86,408 | ₹75,18,151 | ₹32,37,320 |
| 8 | ₹62,25,158 | ₹79,69,240 | ₹36,99,795 |
| 9 | ₹75,08,329 | ₹84,47,395 | ₹41,62,269 |
| 10 | ₹89,54,238 | ₹89,54,238 | ₹46,24,743 |
Where the goal money comes from
Tap a segment to see its rupees.
Estimated growth₹43.29 lakh48% of total
Of the ₹89,54,238 the goal could cost, ₹46,24,743 is money you put in over 10 years and ₹43,29,495 is estimated growth.
What next
Step-up SIP
See how raising your monthly SIP by a set amount every year changes the final value.Lumpsum
See what a one-time investment could grow to over the years, for a return you assume.CAGR
Turn a starting value and an ending value into a smooth yearly growth rate.
How it works
The calculator works backwards. First it grows the goal at the inflation rate you enter, to find what it may cost when you need it. Then it finds the monthly SIP, or the one-time amount, that grows to that cost at the return you assume.
Cost then = Goal x (1 + inflation)^t. SIP needed = Cost then / SIP factor. Lumpsum needed = Cost then / (1 + r)^t
A worked example
A goal that costs ₹50,00,000 today, in 10 years, with 6 a year inflation, could cost ₹89,54,238 (₹89.54 lakh) by then. At 12 a year, a monthly SIP of ₹38,540 could reach that, which means putting in about ₹46.25 lakh in total. The same goal could be met with one payment of ₹28,83,025 today.
What it leaves out
- Tax on gains.
- Exit load and fund charges.
- Any gap between your inflation guess and the real rise in the cost of your goal.
- Money you may already have saved. Subtract it from the goal first if you do.
Questions people ask
Why does the goal cost more than I typed?
Because the page grows it with inflation. A goal that costs a fixed amount today usually costs more in future rupees. Set inflation to 0 to see the plain version.
What inflation should I use?
No one can know it ahead of time. Prices for different goals, such as education or housing, can rise at different speeds. Try a few values to see the effect.
What return should I assume?
No return is promised. A lower assumption asks for a bigger SIP, so testing a low figure shows how much room you have.
What if I already have some savings?
Take them off the goal amount before you enter it, or work out what they would grow to and subtract that. This page assumes you start from nothing.
How does the yearly step-up option work?
If you enter a step-up, the page also shows the starting monthly amount you would need if you raised the SIP by that percentage every year. It is lower than the flat SIP because later instalments are bigger.