What is a goal-based SIP?
A goal-based SIP starts from the amount you need and the year you need it, then works out the monthly investment that gets you there. It turns a big target into a monthly number you can plan around.
Ready answers
How to use this calculator
- Enter your goal amount (use the inflation calculator first to see the future cost).
- Enter the years you have.
- Enter the expected return.
New to these words? See the money glossary.
Common questions
How much SIP do I need for ₹1 crore in 15 years?
At 12% a year, about ₹19,800 a month. In 20 years it drops to about ₹10,000 a month.
What is a retirement corpus calculator?
It is a goal calculator for retirement: enter the corpus you want at retirement and the years left, and it shows the monthly SIP needed.