Free tools
Goal Planner
Work backwards from a target to the monthly SIP you would need.
Monthly compounding, with SIP instalments made at the start of each month. Actual mutual fund returns vary and can be negative, and taxes and expense ratios are not included.
How this goal planner works
Enter the amount you want to reach, an expected annual return and the number of years. The planner works out the monthly SIP needed to reach that target, the total you would invest, and the target itself. Returns are assumptions and are not guaranteed, and taxes and expense ratios are not included.