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Goal-Based SIP Calculator

Find the monthly SIP needed to reach a financial goal.

Last updated: 8 Aug 2026

Quick answer

To find the SIP for a goal, invert the SIP formula: P = Target ÷ ([((1+i)^n − 1)/i] × (1+i)). For example, to build ₹1 crore in 15 years at 12%, you need to invest about ₹19,800 a month. Enter your target, expected return and timeframe above.

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Have a target in mind — a house down payment, a child's education, retirement? This goal-based SIP calculator works backwards from your goal to tell you the monthly SIP you need, given your timeframe and expected return.

How to calculate the SIP needed for a goal

  1. 1 Enter your target amount.
  2. 2 Enter your expected annual return and timeframe in years.
  3. 3 We invert the SIP formula to find the required monthly investment.
  4. 4 See the SIP needed, how much you invest, and how much growth adds.

Frequently asked questions

How do I find the SIP for a goal?
Divide the target by the SIP growth factor: P = Target ÷ ([((1+i)^n − 1)/i] × (1+i)), where i is the monthly return and n the number of months.
What return should I assume for a long-term goal?
For long-term equity goals, 10–12% is a common assumption, but returns are not guaranteed — review and adjust periodically.
Should I use a step-up SIP for goals?
Yes, stepping up your SIP with income growth helps you reach larger goals faster or with a smaller starting amount.

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