Goals
Enter what your goal costs today and when you need it. See what it will cost after inflation, and the monthly SIP needed at the return you expect.
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Please get these calculations checked and reviewed by your investment adviser before acting on them. All return figures are as given by you, and results depend on them being achieved. Real returns can be lower, and can be negative. A fixed-date goal leaves little room to wait for markets to recover, so you may want to see how an investment has moved in the fund volatility check. This does not say what to invest in, and it is not investment advice. If you do not have an adviser, find a SEBI registered adviser. Your entries stay in this browser and are not sent to us.
We take what your goal costs today and raise it by inflation up to the goal date. We take off what your existing savings are expected to grow to. The SIP is the monthly amount, invested at the start of each month, that grows to cover the rest at the return you entered.
For example, ₹25 lakh today, in 15 years at 6% inflation, becomes about ₹59.9 lakh. With ₹2 lakh saved and a 12% expected return, that needs about ₹10,300 a month.
That is your own decision, so we do not fill one in. It depends on what you plan to invest in and how far away the goal is. The table on the page shows how much the SIP changes with the return, so you can see how much your plan relies on it. A SEBI registered adviser can help you set a reasonable figure.
It is a starting figure you can change, the same as on our retirement expense calculator. Prices for some goals, such as education, can rise faster than others, so you may want to use a higher rate for those.
For a child's education, you can enter the cost of each year, such as four years of graduation and two of post graduation. Each cost is raised by inflation to its own year. The SIP continues until the last payment, and it is set so that every payment can be made when it falls due, with the money still invested growing in between. A cost you enter repeats to all the rows below it, so set them from the top down. Years go up one at a time, and you can change, add or delete any row.
It raises your SIP by the same percentage each year, which often matches a rising income. Your first-year SIP is then lower, and the page shows what it rises to by the last year.
Open More options and enter what you can invest each month. The page shows how much of the goal that would reach by the date, and about how much longer it would take, as the cost keeps rising while you wait.
Yes. Investments can fall shortly before you need the money, and a fixed-date goal leaves little room to wait for a recovery. The page points this out for goals under 5 years away. It does not say what to invest in. The fund volatility check shows how past falls looked for a fund.
Only if you enter it. Open More options and enter your estimate of the tax on your gains, and the SIP is worked out so that what is left after tax covers the goal.
It is not advice. It shows what your own figures work out to, and real returns can be lower, or negative. It does not say what to invest in. Your entries are not sent to us. They are saved only in your own browser on this device, and you can remove them with Clear all on this page. The name for your printout is not saved. Please get these calculations checked and reviewed by your investment adviser before acting on them.