Goal-Based SIP Calculator: How Much SIP for Your Target Corpus?
Reverse-Engineering Your Financial Goals
Instead of asking "how much will my SIP grow to?", goal-based planning asks: "how much SIP do I need to reach my target?" This reversal is powerful because it connects investing to real-life goals — your child’s education, a house down payment, or early retirement.
Monthly SIP Needed for Common Goals
| Goal | Target Amount | Time Horizon | Required Monthly SIP (at 12%) |
|---|---|---|---|
| Car down payment | ₹5L | 3 years | ₹11,610 |
| Child’s education | ₹25L | 10 years | ₹10,870 |
| House down payment | ₹20L | 5 years | ₹24,490 |
| Retirement corpus | ₹2 crore | 25 years | ₹10,600 |
| Wedding fund | ₹10L | 7 years | ₹7,750 |
Notice how ₹2 crore in 25 years needs only ₹10,600/month? That’s the magic of long-term compounding. The same ₹2 crore in 15 years would need ₹40,000/month. Start early.
Adjusting for Inflation
If your child’s education costs ₹25L today and they’ll start 10 years later, the inflation-adjusted cost at 6% inflation is ~₹44.8L. Always inflate your target amount. Use the inflation calculator to adjust your goal, then plug the inflated amount into the goal SIP calculator.
For goals beyond 10 years, consider a step-up SIP to reduce initial monthly outflow while still hitting the target.