How do I calculate the SIP needed for a specific goal?
Enter your target amount, time horizon and expected rate of return; the calculator works backward to tell you the monthly SIP required to reach that goal, accounting for compounding growth.
Should I account for inflation when setting a financial goal?
Yes — a goal like a child's education or a home purchase will cost more in the future due to inflation, so it's important to set your target amount in future value terms, not today's cost.
What if I can't afford the required SIP for my goal?
You can extend your time horizon, increase your expected return by choosing a different asset mix, or start with a step-up SIP that increases gradually as your income grows.