Sipculator

Goal SIP Calculator

Enter a target and a timeline to see the monthly SIP that gets you there, with an optional yearly step-up and a goal priced for inflation.

1 Crore by Oct 2041

In line with long-run equity index returns

Goal date: Oct 2041
Annual step-up

Increase your SIP every year, say with each pay hike

Start lower and raise your SIP each year
Goal is in today’s money

Grow the target with prices until your goal date

Prices double about every 12 yrs

Monthly SIP needed

₹21,012/mo

to reach ₹1 Cr by Oct 2041

You’ll invest
₹37,82,05838% of total
Est. returns
₹62,17,94262% of total
Goal
₹1,00,00,000Oct 2041
  • Invested
  • Returns
  • Goal

Make it go further

What small changes would do to your plan

Start smaller, step up

Raise your SIP 10% a year, in step with pay hikes, and you could start at

₹12,086/mo

instead of ₹21,012, and still reach your goal.

The cost of waiting

Same goal date, later start: you’d need a bigger SIP every month.

  • Start today₹21,012/mo
  • Start in 1 yr₹24,182/mo+15%
  • Start in 3 yrs₹32,458/mo+54%
  • Start in 5 yrs₹44,636/mo+112%

Give it more time

What you’d need each month with a later goal date.

  • 15 yrs (your plan)₹21,012/mo
  • 20 yrs₹10,872/mo−48%
  • 25 yrs₹5,875/mo−72%

Plan in today’s money

At 6% inflation, what ₹1 Cr buys today will cost about

₹2.4 Cr

by Oct 2041.

What is a goal SIP calculator?

A goal SIP calculator works backwards. Enter the amount you need and when you need it, and it tells you the monthly SIP that gets you there at the return you expect. Add a yearly step-up to start lower, or plan the goal in today’s money and let the calculator grow it with inflation.

To see what a fixed monthly amount grows into instead, use the SIP calculator.

How to use the goal SIP calculator

  1. Enter your target amount and the years until you need it.
  2. Set the return you expect each year.
  3. If the goal is a future purchase, turn on inflation and enter its cost in today’s money.
  4. Add a yearly step-up to see how much lower you could start.

How the SIP for a goal is calculated

Your goal is divided by what ₹1 a month would grow to over the same time at the same return. Here’s the formula with your numbers plugged in:

P = FV ÷ ([(1 + i)n − 1] ÷ i × (1 + i))

FV
Your goal₹1,00,00,000
n
Monthly instalments180
i
Monthly rate, (1 + r)1/12 − 10.9489%
P
Monthly SIP needed₹21,012

Why not just r ÷ 12? Fund returns are quoted as yearly compounded growth (CAGR). Converting with (1 + r)1/12 − 1 makes twelve monthly steps add up to exactly 12%. Dividing by 12 would quietly assume 12.68% a year and overstate your returns.

Monthly SIP needed for common goals

The monthly SIP that reaches each target at 12% a year:

Target5 years10 years15 years20 years
₹10 L₹12,330₹4,464₹2,102₹1,088
₹25 L₹30,825₹11,159₹5,253₹2,718
₹50 L₹61,650₹22,318₹10,506₹5,436
₹1 Cr₹1,23,300₹44,636₹21,012₹10,872

A 10% yearly step-up lets you start lower: ₹1 Cr in 15 years needs ₹12,086 a month to begin with, instead of ₹21,012 for a flat SIP. How much SIP do you need for ₹1 crore? covers more timelines, return rates and the effect of inflation.

Frequently asked questions

How does a goal SIP calculator work?

It runs the SIP formula backwards. It works out what ₹1 a month would grow to over your timeline at your expected return, then divides your goal by that figure to get the monthly SIP.

What SIP gets me to ₹1 crore?

At 12% a year, about ₹21,000 a month over 15 years or ₹10,900 over 20 years. With a 10% yearly step-up you could start at about ₹12,100 or ₹5,400 instead.

Should I adjust my goal for inflation?

Yes, if the goal is a future purchase. Enter its cost in today’s money and turn on inflation, and the calculator grows it to the goal date first. At 6% inflation, something that costs ₹20 lakh today will cost about ₹48 lakh in 15 years.

What if the SIP I need is more than I can afford?

Give it more time, add a yearly step-up, or lower the target. At 12% a year, every five extra years roughly halves the monthly SIP. Assuming a higher return only makes the plan look easier.

Will the SIP I calculate definitely reach my goal?

No. The calculator assumes a steady return, while real returns vary every year. Review the plan once a year and raise the SIP if you fall behind.

SIP guides

Worked examples and the maths behind the numbers. All guides

Monthly SIP needed₹21,012/mo