Goal SIP Calculator
Name your goal and the year you need it — we work backwards to the exact monthly SIP.
Your goal & SIP plan
What are you saving for?
15 years from now (2026).
Used by the 'increase your SIP' section below — raise your SIP this % each year.
Results update live — calculations run in your browser, no signup.
₹9,909
every month for 15 years to reach your Child Education corpus of ₹50.00 L by 2041 — compounding supplies 64% of it
Assumes a constant 12.0%annual return compounded monthly, contributions at the start of each month. The goal amount is in today's money; returns are not guaranteed.
How your invested amount compares with the estimated value on the way to your goal. Compounding does most of the work as the corpus builds toward ₹50.00 L.
| Year | Invested | Est. value | % of goal |
|---|---|---|---|
| Year 1 | ₹1.19 L | ₹1.27 L | 3% |
| Year 3 | ₹3.57 L | ₹4.31 L | 9% |
| Year 5 | ₹5.95 L | ₹8.17 L | 16% |
| Year 10 | ₹11.89 L | ₹23.02 L | 46% |
| Year 15 | ₹17.84 L | ₹50.00 L | 100% |
If you started 5 years sooner — over 20 years instead of 15 — for the same ₹50.00 L goal.
Start now (15y)
₹9,909/mo
Start 5y earlier
₹5,004/mo
Starting early needs ₹4,905/mo less and ₹5.83 L less invested overall.
Impact of return rate
Monthly SIP needed to reach ₹50.00 L in 15 years, at different assumed returns.
| Return | Monthly SIP | You invest |
|---|---|---|
| 10% | ₹11,964 | ₹21.54 L |
| 12% | ₹9,909 | ₹17.84 L |
| 14% | ₹8,159 | ₹14.69 L |
| 16% | ₹6,679 | ₹12.02 L |
A higher assumed return lowers the SIP needed — but is less certain. Returns are illustrative, not guaranteed.
What if you increase SIP
Keep the same starting SIP of ₹9,909 but step it up 10% a year. Set the step-up under Advanced options.
Flat SIP
₹50.00 L
on ₹17.84 L invested
With 10% step-up
₹86.05 L
on ₹37.78 L invested
A 10% annual step-up builds ₹36.05 L extra — overshooting your goal.
- ₹9,909/mo for 180 months reaches ₹50.00 L.
- 64% of the goal comes from returns, not your pocket.
- Starting 5 years earlier would need ₹4,905/mo less.
Your goal journey
From your first SIP today to the day you hit ₹50.00 L in 2041.
- Start Today2026₹9,909/mo
- Stay InvestedYear 8₹16.01 L
- Watch It GrowYear 14₹43.25 L
- Goal Achieved2041₹50.00 L
Where the ₹50.00 L comes from
64% of your goal comes from returns — only 36% is the money you put in. That's a 180% gain on what you invest.
Key insight
To reach ₹50.00 L by 2041 you need ₹9,909 a month. You put in ₹17.84 L and compounding supplies the other ₹32.16 L — 64% of the goal. Starting sooner and stepping up your SIP are the two biggest levers.
Key takeaways
- Required SIP: ₹9,909/mo for 180 months
- Goal: ₹50.00 L by 2041 (15 years)
- You invest ₹17.84 L · returns add ₹32.16 L
- Starting 5y earlier needs ₹4,905/mo less
- A 10% step-up builds ₹36.05 L extra
Start investing in mutual funds
Open a free account with ICICI Prudential AMC and start an SIP online. ICICI Prudential Mutual Fund, at no extra cost to you.
Your plan: ₹9,909/month → ₹50.00 L for Child Education by 2041.
Plan the rest of your money life
Turn this goal into a full plan — grow a SIP, step it up yearly, or plan the withdrawal phase.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The required SIP assumes a constant annual return and a goal in today's money; it does not guarantee you will reach the target.
How the required monthly SIP is calculated
P = Goal ÷ [ ((1 + i)ⁿ − 1) ÷ i × (1 + i) ]
- P
- required monthly SIP
- Goal
- target corpus by the goal year
- i
- monthly rate = annual rate ÷ 12 ÷ 100
- n
- number of months = years × 12
Worked example
With your inputs — a ₹50.00 L Child Education target by 2041 at 12.0%: the monthly rate is i = 1.000% and n = 15 × 12 = 180 instalments. Each ₹1 invested monthly grows to about ₹505 by the goal year, so the required SIP is ₹50.00 L ÷ 505 ≈ ₹9,909 a month — about ₹17.84L invested and ₹32.16L of growth.
Most asked goal SIP questions
Future value scales linearly with the contribution, so we compute what one unit of monthly SIP grows to at your expected return and tenure, then scale it until the projected maturity equals your goal. Each instalment is assumed to be invested at the start of the month and compounded monthly — the standard SIP convention. The result is the monthly amount whose future value hits your target exactly by the goal year.
Every year you delay is a year of compounding you lose on your largest, latest contributions — and you have fewer months to spread the goal over. So the required monthly amount jumps far more than the delay seems to justify. Starting today, even with a smaller SIP, almost always beats starting bigger later.
Use a conservative long-term estimate for your asset mix rather than a recent bull-market number. Diversified equity funds have historically returned around 10–12% over long periods in India, but there are no guarantees. A lower assumed rate gives a safer, higher required SIP and builds in a buffer.
No. The plan assumes a constant annual return, but real fund returns swing year to year and some years are negative. Treat the required SIP as a disciplined starting point, revisit it every year, and top it up if markets underperform your assumption.
Almost always, yes. Increasing your SIP by even 10% a year — in line with income growth — lets you start with a much smaller amount today and still overshoot the goal, because the later, larger contributions still get years to compound. The step-up section shows how much extra corpus a 10% annual increase builds.
The goal amount you enter is in today's money. If your target is a future cost — like college fees 15 years out — inflate it first, because what costs ₹50 lakh today may cost far more by the goal year. The required SIP is then the amount needed to reach that future figure.
The complete guide to goal-based SIP planning
Start from the goal, not the amount
A regular SIP calculator asks "what will ₹X a month grow to?" A goal SIP flips it: you name the target and the deadline, and it solves for the monthly amount that gets you there. Because future value scales linearly with the contribution, the required SIP is simply your goal divided by what each unit of monthly investment is projected to grow into over your tenure.
Let compounding do the heavy lifting
In a healthy long-term plan, most of the corpus comes from returns, not from your own pocket. Over 15 years at a 12% return, a large share of the goal is compounding rather than contributions — which is why the percentage from returns rises sharply with the time horizon. The shorter the runway, the more of the goal you have to fund yourself, and the higher the monthly SIP.
The price of waiting
Delaying the start is the most expensive mistake in goal planning. Each year you wait removes a year of compounding from your largest, latest contributions and shortens the runway — so the required monthly amount jumps far more than the delay seems to justify. Starting today with a smaller SIP almost always beats starting later with a bigger one.
Build in a buffer, and step up
Markets don't deliver a constant return, so a plan sized to an exact rate can fall short. Assume a conservative return, revisit the plan every year, and step the SIP up as your income grows. A 10% annual step-up lets you start smaller today and still overshoot the goal, because the later, larger contributions still get years to compound. If your goal is a future cost, inflate it first — what costs a sum today will cost more by the goal year.