Set specific financial goals and discover exactly how much SIP you need to achieve them. Our goal-based calculator helps you plan systematically for your dreams.
Choose from common financial goals or create your own custom goal. Our calculator will show you the exact SIP amount needed.
Calculate SIP needed for your dream home down payment
Plan for your child's higher education expenses
Build a retirement corpus for financial independence
Save for wedding expenses with systematic planning
Plan your next car purchase with SIP investments
Fund your dream vacation around the world
Enter your goal details to calculate the required SIP amount
Understand the mathematical approach behind calculating the exact SIP amount needed to achieve your financial goals.
Monthly SIP = Goal Amount / [((1 + r)^n - 1) / r] × (1 + r)Where:
Goal Amount: ₹25,00,000 (Child Education)
Time to Goal: 15 years
Expected Return: 12% annually (1% monthly)
Calculation:
Monthly SIP = 25,00,000 / [((1.01)^180 - 1) / 0.01] × 1.01
Monthly SIP = 25,00,000 / 164.77 × 1.01
Monthly SIP = ₹15,156
Result: Invest ₹15,156 monthly for 15 years
Total Investment: ₹27.28 Lakhs → ₹25 Lakhs goal
Goal-based calculations provide mathematical estimates based on your inputs. While actual returns may vary due to market conditions, the systematic approach helps you stay on track and adjust as needed.
If the required SIP seems high, consider: extending the time horizon, reducing the goal amount, or starting with a smaller SIP and increasing it annually (step-up SIP) as your income grows.
Yes! Short-term goals (1-3 years) suit debt funds, medium-term (3-7 years) work with hybrid funds, and long-term goals (7+ years) are ideal for equity funds for higher growth potential.
Absolutely! Set up separate SIPs for each goal with appropriate time horizons and fund selections. Prioritize critical goals like retirement and children's education first.
Review your goals annually. If returns are lower than expected, you can increase SIP amounts, extend the timeline, or adjust expectations. Goal-based planning allows for such flexibility.
Review annually or when life circumstances change significantly. Check if you're on track, adjust for inflation, and rebalance if needed. Avoid frequent changes that can hurt long-term returns.
Increase your goal amount by 6-8% annually to account for inflation. Alternatively, use step-up SIP with annual increments to maintain purchasing power over time.
Yes! If you get salary increments, bonuses, or windfalls, you can increase SIP amounts or make additional lumpsum investments to reach goals ahead of schedule.
Having specific goals gives your investments a clear purpose and helps you stay motivated through market volatility.
Calculate exactly how much you need to invest monthly to achieve your financial goals with mathematical precision.
Goal-based investing typically leads to better financial discipline, consistent investing, and superior long-term outcomes.