SIP Need Calculator
Work backwards from your financial goal. Find out exactly how much you need to invest monthly.
Your inputs
Your estimate
Required Monthly SIP
₹4,304
Plan Summary
Target Goal: ₹10,00,000
Duration: 10 Years
Total Investment: ₹5,16,480
Estimates use your inputs and assumed returns. Actual returns vary and are not guaranteed.
Quick answer
This calculator works backwards from your goal to the monthly SIP it needs. Reaching ₹1 crore in 20 years at an assumed 12% a year takes about ₹10,009 a month.
About the SIP Need Calculator
Goal-based investing starts with a target in mind. This calculator performs a reverse calculation — given your time horizon and expected returns, it tells you the exact monthly SIP required.
What is the formula?
P = FV ÷ {[((1 + i)ⁿ − 1) ÷ i] × (1 + i)}, where FV is your target, i is the monthly return and n is the number of months.
Worked example
To reach ₹1 crore at an assumed 12%: 10 years needs about ₹43,041 a month, 15 years about ₹19,819, 20 years about ₹10,009 and 30 years about ₹2,833.
Frequently asked questions
How does the SIP Need calculator work?
It uses the target amount, time period, and return rate to calculate the required monthly contribution using the reverse compounding formula.
What is a realistic return rate for equity SIP?
Long-term plans in India often assume 10-12% for equity funds. This is an assumption rather than a promise: past returns do not guarantee future ones, so test a lower rate too.
Reviewed by Vikas Gupta, AMFI-registered Mutual Fund Distributor (ARN-178652). Last updated . Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual fund distribution by Korlipara Vikas Gupta, AMFI-registered Mutual Fund Distributor, ARN-178652. Distributors earn commission from fund houses on regular plans. Content and calculators on this site are for education, not personalised investment advice. Illustrations use assumed returns, which are not guaranteed.