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Goal SIP calculator
Work backwards from a goal. Enter the amount you want, when you want it and the return you want to assume, and see the monthly SIP that gets there.
Monthly SIP needed
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- Amount you invest
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- Estimated returns
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- Target amount
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How it is calculated
A = FV ÷ (((1 + i)n − 1) ÷ i × (1 + i))
This is the SIP formula turned around: FV is your target, i is the monthly return and n is the number of months. The target is in future rupees, so allow for inflation when you set it.
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This calculator is an educational illustration only and is not financial advice. The return you enter is an assumption, not a forecast. Mutual fund investments are subject to market risks and actual returns will vary.