A target SIP calculator works in reverse.
About this calculator
A target SIP calculator works in reverse. Instead of showing how much a SIP may grow, it shows how much you need to invest each month to reach a specific goal. You enter your target corpus, expected return rate, and investment duration, and the calculator computes the required monthly SIP amount.
Use it when you are saving for a home, a child's education, retirement, or any other long-term goal.
Common uses
- Find the monthly SIP needed to accumulate ₹1 crore in 15 years
- Calculate how much to invest monthly for a child's college fund
- Determine the SIP required to build a retirement corpus
- Plan down payment savings for a home purchase
- Set investment targets adjusted for inflation
Frequently asked questions
What is the inflation adjustment in target SIP calculations?
Inflation erodes purchasing power over time. If you need ₹50 lakh for a goal 15 years away, the inflation-adjusted target will be higher, perhaps ₹1 crore, because ₹50 lakh today buys more than ₹50 lakh will in the future. The calculator adjusts your target for inflation to ensure you invest enough.
What return rate should I use for target SIP calculations?
For equity mutual funds, 10–12% is a commonly used long-term estimate. For more conservative debt-oriented goals with shorter timelines, use 6–8%. Always use a slightly conservative estimate to avoid shortfalls.