Investment
Goal Planner
Back-solves the monthly SIP required to reach any target amount by a target date.
Your details
₹
yrs
%
₹
Required monthly SIP
₹15,767
Amount still needed (future value)
₹20,00,000
To reach ₹20,00,000 in 7 years, invest ₹15,767/month.
Total₹20,00,000
- Covered by existing savings₹0
- Needs new monthly SIP₹20,00,000
How this is calculated
Required monthly SIP = (Target amount − future value of existing savings) ÷ SIP future-value factor for the given rate and tenure.
Frequently asked questions
What if I already have some savings toward this goal?
Enter it under 'existing savings toward this goal' — the calculator grows that separately and only asks you to fund the remaining shortfall.
What return should I assume for a short-term goal?
For goals under 3 years, a lower-risk assumption (6–8%, debt-fund-like) is safer than an equity-like 11–12%, since there's less time to recover from a downturn.
How is this different from the SIP Calculator?
The SIP Calculator tells you where a chosen monthly amount ends up; this tool works backward from your target to tell you the amount.