How should I allocate investments between short-term and long-term goals?

For goals due within 1–3 years, stick to Arbitrage, Liquid funds, or Bank FDs. For goals 3–7 years away, use Conservative Hybrid or Multi-Asset funds. For goals 7+ years away, allocate 70–80% to Equity Index funds.

How do I account for education inflation in India?

Higher education inflation in India typically runs at 10–12% per year, substantially higher than general CPI inflation. Always inflate future college fees by at least 10% p.a.

Goal Planner Calculator

Reverse-engineer the exact monthly SIP needed to reach any financial target — home down payment, child education, luxury travel, or financial independence.

Target Goal Amount (₹)

Existing Savings Assigned to Goal (₹)

Time Horizon: 10 Years

Expected Annual Return: 12%

Required Monthly SIP

₹19,035 / mo

Invest this amount consistently each month for 10 years to reach your goal.

Total Goal Target:₹50,00,000

Future Value of Existing Savings:₹6,21,170

*Assumes regular monthly auto-debit compounding at 12%.

Important Educational Disclaimer for Calculator Results:

Calculations are estimates based on your entered inputs and selected return or inflation assumptions. Results are illustrative, hypothetical, and not guaranteed. Actual market returns, interest rates, tax liabilities, and inflation rates will vary and may materially alter your final outcome. This calculator does not constitute financial, investment, or tax advice.

How do you reach your target goal?

To accumulate your goal of ₹50,00,000 in 10 years at an expected 12% return, with ₹2,00,000 currently saved, you need to invest ₹19,035 per month.

Your initial savings of ₹2,00,000 will compound to ₹6,21,170, leaving ₹43,78,830 to be funded through monthly SIPs.
Setting up an automated auto-debit on salary day guarantees you hit your target on schedule without relying on willpower.
As you get within 2 to 3 years of your target deadline, systematically shift profits from equity into conservative debt or arbitrage funds to lock in the gains.

How This Calculator Works

The goal planner first projects the future value of your initial savings. The remaining shortfall is then converted into the required monthly annuity contribution using the sinking fund formula.

Monthly SIP = Remaining Target × i / [(1 + i)^n - 1]

Variables in Formula:

Target Amount: Total future corpus desired for the milestone (₹)

Remaining Target: Target minus future value of existing savings

i: Monthly return rate (Annual Return / 12 / 100)

n: Total months (Horizon in Years × 12)

Worked Step-by-Step Example

Saving ₹50 Lakhs for a child's foreign university degree in 10 years at 12% CAGR, with ₹2 Lakhs already in mutual funds.

Target Corpus₹50,00,000

FV of Existing ₹2L₹6,21,170

Required Monthly SIP₹18,940 / month

Key takeaway: Instead of stressing about where to find ₹50 Lakhs in 10 years, automating ₹18.9K/month makes the dream completely mathematically achievable.