Find the monthly investment needed to reach a target amount by a date, counting what you have already saved.
50free calculators No sign-up. No saved inputs.
Calculated from your inputs
Monthly investment needed
Future value of existing savings
Target amount
How this is calculated
Each instalment is invested at the start of its month, the convention of Indian SIP calculators and fund platforms. Nominal annual rate divided by 12, compounded monthly. Rates are assumptions, not forecasts. Taxes, exit loads and fund expenses are excluded. The starting amount is invested immediately; the target is the future amount you enter.
Defaults are editable examples, not current provider quotes. Results are rounded for display. These are scenarios from your inputs, not live market data or investment advice.
About the Savings goal calculator
The savings goal calculator works backwards from a target. It grows what you have already saved, finds the gap left, and works out the monthly investment that would close it at the return you assume.
How the Savings goal calculator works
Monthly investment = Gap ÷ ([(1 + i)^n − 1] ÷ i × (1 + i))
Gap
Target − future value of existing savings
i
Annual return ÷ 12 ÷ 100
n
Months until the goal
Monthly investments are made at the start of each month, as in the SIP calculator. Enter the target as the amount you will need in future rupees; the inflation calculator can convert a cost today.
Worked example
Example inputs
Target amount
₹10,00,000
Already saved
₹1,00,000
Annual rate
10%
Time period
7 years
Calculated result
Monthly investment needed
₹6,553.12
Future value of existing savings
₹2,00,792.02
Target amount
₹10,00,000
Why use a Savings goal calculator?
Turn a goal into a monthly amount you can act on.
See how starting earlier lowers the monthly amount.
Check whether existing savings already cover a goal.
Savings goal calculator FAQs
Should the target include inflation?
Yes, if the cost is quoted in today’s prices. Convert it with the inflation calculator first, or use the child education calculator, which does it for you.
What if my savings already meet the target?
The calculator shows a monthly investment of zero and says the existing savings already meet the target under your assumptions.
Which return should I assume?
One that fits the kind of investment you plan to use. A lower assumption gives a safer, higher monthly figure.
Is the monthly amount fixed for the whole period?
Yes. To start lower and increase every year, use the step-up SIP calculator to test a plan.