Money & Career

SIP / Savings Goal Calculator

Project where monthly savings can grow — or reverse-solve the SIP needed for a laptop, course fee, or emergency fund target.

Results

Total invested —

Projected corpus / goal —

Estimated gains —

SIP needed (goal mode) —

How it works

Systematic investing smooths timing risk for long goals. Returns are never guaranteed — use conservative rates for planning, and keep an emergency buffer in cash before you invest aggressively.

Formula

Future value of SIP ≈ M × (((1+i)^n − 1) / i) × (1+i), where i = monthly rate and n = months. Goal SIP solves for M.

Examples

₹5,000 / month for 5 years

At an illustrative 12% annualized return, corpus can approach the mid-₹4L range while invested capital is ₹3L — gains depend entirely on actual market returns.

₹5L emergency / course goal

Switch to goal mode, set target ₹5,00,000 and years, then read the required monthly SIP. Increase tenure or lower the goal if the SIP exceeds your budget.

FAQs

Are SIP returns guaranteed?

No. Markets fluctuate. This is an educational projection using a constant assumed return.

Should students start a SIP?

After a small cash emergency buffer and high-interest debt is under control, small SIPs can build the habit. Start with amounts you can continue.

Is this only for mutual funds?

The math applies to any regular monthly contribution into an asset with an assumed return — funds, index products, or savings goals.

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