Savings Goal Calculator
Find out how much you need to save every month to reach any financial goal on time.
Educational Purpose Only: This calculator provides estimates for informational purposes. Results are not professional financial advice.
How it works
The calculator first projects the future value of any existing savings you already have, given your expected return rate. The remaining gap between your goal and the projected existing savings is then used to determine either the monthly SIP amount or the one-time lump sum investment needed. If your existing savings alone will grow to cover the full goal, the calculator tells you no additional investment is required.
Common savings goals
Home Down Payment
Typically 10–20% of property value. Plan 5–10 years ahead to accumulate comfortably without stretching your monthly budget.
Children's Education
Higher education costs are rising at 8–10% per year. Start saving as early as possible to leverage the full power of compounding.
Emergency Fund
Aim for 6–12 months of expenses in a liquid fund. Once built, shift focus to longer-term growth goals.
Dream Vacation or Wedding
Short-term goals (1–3 years) are best funded with debt mutual funds or recurring deposits rather than equity instruments.
This calculator is for educational and illustrative purposes only. Actual returns on investments are not guaranteed. Please read all scheme-related documents carefully before investing.