Result
Starting monthly SIP needed
₹5,078
- Target corpus₹10,000,000
- Investment horizon20 years
- Final year monthly SIPAfter 19 yearly step-ups of 10%₹31,058
- Total invested₹3,490,286
- Wealth gainedHow much compounding earned you vs contribution₹6,509,714
How to use this calculator
- Enter your target corpus amount.
- Enter years available to the goal.
- Enter expected annual return (12% for equity, 7% for debt).
- Enter annual step-up % (match your salary hike expectation).
- Read starting monthly SIP + final-year SIP + total invested.
About this tool
SIP Goal Planner is the reverse of a normal SIP calculator — instead of asking "how much will my SIP grow to?", it asks "how much SIP do I need to reach my goal?" This is the more useful direction for real financial planning. Set your target corpus (₹1 crore retirement, ₹40L home down-payment, ₹25L for kid's education), horizon (years available), and expected return — the tool solves for the monthly SIP amount needed. Adds annual step-up (matching your salary hikes) which dramatically reduces the starting SIP required. Example: ₹1 crore in 20 years at 12% return = ₹10K/month without step-up, but only ₹5,500/month with 10% annual step-up.
Frequently asked
Step-up SIP increases the monthly amount by a fixed % every year — typically 5-15% matching salary hikes. Massively reduces starting SIP requirement because later contributions are larger. For a ₹1 crore goal in 20 years at 12%, flat SIP = ₹10K/month, but with 10% annual step-up starts at only ₹5.5K/month.