Vacation Calculator
Plan for your vacation by estimating the future cost and required monthly savings.
Your inputs
Your estimate
Estimated Cost in 2 Yrs
₹3,37,080
Required Monthly SIP
₹12,373
Estimates use your inputs and assumed returns. Actual returns vary and are not guaranteed.
Quick answer
This calculator shows how much to save monthly for a trip. A ₹3 lakh holiday today costs about ₹3.37 lakh in 2 years at 6% inflation, or about ₹13,188 a month at a lower-risk assumed 6%.
About the Vacation Planner calculator
Travel without breaking the bank. Plan your vacation fund with short-term saving.
What is the formula?
Future cost = cost today × (1 + inflation)ʸ. Required saving = future cost ÷ {[((1 + i)ⁿ − 1) ÷ i] × (1 + i)}.
Worked example
For a goal this short, set the expected return near 6%. A 12% assumption understates what you need and relies on equity, which can fall just before you travel.
Frequently asked questions
Where should I keep vacation savings?
A recurring deposit or a liquid fund is usually a better fit than equity for a goal under two years away, since the money must be there on time.
Is it better to save first or use a credit card?
Saving first means no interest. Card balances carried past the due date attract high rates, which can add a large share to the cost of the trip.
Related guides
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.