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Financial Calculator

Goal-Based SIP Calculator - Plan Your Financial Future

Calculate the exact SIP amount needed to achieve your financial goals with inflation adjustment. Plan for education, marriage, home purchase, retirement, and more with our comprehensive goal-based calculator.

₹
₹1L₹2Cr
₹
₹0₹15.00 L
years
1 year50 years
%
5%20%
%
2%15%
Today's Value:₹15.00 L
Future Value:₹47.58 L

Required Monthly SIP

₹0

Goal may not be achieved with current settings

Total Invested
₹0
Estimated Returns
₹0
Maturity Amount
₹0
Consider increasing SIP or investment period

Goal vs Achievement

Target Amount₹47.58 L
Expected Amount₹0
Surplus/Deficit₹-47,58,254

Goal Achievement Chart

Track your progress towards your goal

Goal Amount
₹71,89,675
Today's value: ₹30,00,000
Maturity Amount
₹30,00,000
Below target
Achievement Timeline
Not achievable
With current plan
Investment Growth Over Time
Invested
Value
Goal
Year 0
₹0K
Year 2
₹2.4L
Year 4
₹5.5L
Year 6
₹9.3L
Year 8
₹14.1L
Year 10
₹20.0L
Year 12
₹27.6L
Year 14
₹37.0L
Year 15
₹42.6L

Key Insights

Total Returns:₹14,70,000
Return Percentage:96.1%
Monthly SIP:₹8,500
Investment Period:15 years

Goal-Based Investment Calculation Formulas

Understand the mathematical formulas used to calculate goal-based investment requirements and SIP amounts.

1

SIP Required for Goal

Calculate monthly SIP amount needed to achieve a financial goal.

SIP = Goal Amount / [((1 + r)^n - 1) / r]

Example:

₹50L goal in 10 years at 12% p.a.

50,00,000 / [((1 + 0.01)^120 - 1) / 0.01]
= ₹21,500 monthly SIP

Variables:

Goal Amount - Target amount needed
r - Monthly return rate (Annual rate ÷ 12)
n - Number of months to achieve goal
2

Goal Amount with Inflation

Calculate the inflated goal amount considering inflation.

Inflated Goal = Current Goal × (1 + inflation rate)^years

Example:

₹50L goal in 10 years at 6% inflation

50,00,000 × (1 + 0.06)^10
= ₹89,50,000 inflated goal

Variables:

Current Goal - Goal amount in today's value
Inflation Rate - Annual inflation rate
Years - Years until goal

These formulas provide the mathematical foundation for the calculations. Actual results may vary based on rounding, compounding frequency, and specific lender policies.

Popular Financial Goals

Choose from pre-defined goals or create your custom financial target

Child Education (School)

₹15,00,000

15 years

Higher Education (College)

₹35,00,000

18 years

Home Loan Down Payment

₹15,00,000

8 years

Retirement Planning

₹1,00,00,000

30 years

Debt Freedom Fund

₹8,00,000

4 years

Why Goal-Based SIP Planning Works

Strategic advantages of goal-based investing over random investments

Clear Financial Targets

Define specific goals with exact amounts and timelines. This clarity helps you stay focused and motivated throughout your investment journey.

Inflation-Adjusted Planning

Account for inflation impact on future costs. A ₹10 lakh goal today might cost ₹25 lakhs in 20 years due to inflation.

Risk-Appropriate Allocation

Different goals need different investment strategies. Long-term goals can take more risk for higher returns, while short-term goals need stability.

Time-Based Strategy

Adjust your investment strategy as goals approach. Start with aggressive growth and shift to conservative allocation near the target date.

Disciplined Savings

Goal-based planning creates emotional connection to your investments, making it easier to maintain SIP discipline during market volatility.

Progress Tracking

Monitor progress towards each goal separately. Celebrate milestones and adjust strategy based on performance and changing circumstances.

Frequently Asked Questions

Find answers to common questions about goal-based SIP planning and financial planning strategies.

What is goal-based SIP planning?

Goal-based SIP planning involves investing systematically in mutual funds with specific financial objectives in mind. Instead of investing randomly, you define clear goals (like education, marriage, retirement) and calculate the required monthly investment to achieve them within a specific timeframe.

How does inflation affect my financial goals?

Inflation erodes purchasing power over time. What costs ₹1 lakh today might cost ₹2-3 lakhs in 15-20 years. Our calculator includes inflation adjustment to show the realistic future cost of your goals, helping you plan adequately for actual financial needs.

Should I have separate SIPs for different goals?

Yes, it's advisable to have separate SIPs for different goals as they have different time horizons and risk profiles. Short-term goals (1-3 years) need conservative investments, while long-term goals (10+ years) can have higher equity allocation for better returns.

What if I can't invest the calculated SIP amount?

Start with whatever amount you can afford and increase it annually as your income grows. You can also extend the investment period or adjust the goal amount. The key is to start early and invest consistently, even if the amount is smaller initially.

Can I change my SIP amount during the investment period?

Yes, most mutual funds allow you to increase, decrease, or pause SIPs. You can set up step-up SIPs that automatically increase your investment annually. This helps counter inflation and leverage salary increments for faster goal achievement.

What returns should I expect from equity mutual funds?

Historically, equity mutual funds have delivered 12-15% annual returns over 10+ year periods. However, returns can be volatile in short term. For planning purposes, using 10-12% expected returns for long-term goals is reasonable and conservative.

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