How this is worked out
- The goal's cost grows by the price rise you set until the year you need it.
- Money you've already invested grows at the expected return.
- Your SIP is invested at the end of each month and raised by the step-up every 12 months. The starting amount is worked out exactly so that, with your existing money, you reach the goal on time.
- Returns are compounded monthly at the yearly rate you set. Real returns vary year to year.
Questions people ask
What return should I assume?
For goals 10+ years away in equity funds, 10–12% is a common long-run assumption. For 3–7 years, a mix of equity and debt at 8–9% is more cautious. Assume less rather than more.
Why raise the SIP every year?
Because your pay rises. A 10% yearly step-up lets you start with a much smaller SIP, often a third less, and still reach the same goal.
Are SIP returns taxed?
Equity fund gains are taxed when you sell: 20% within a year, 12.5% on gains above ₹1.25 lakh a year after that. Debt fund gains are taxed at your slab rate.
What if markets fall near my goal date?
Move money gradually from equity into debt funds or FDs in the last 2–3 years before the goal, so a late fall can't derail it.
Is my data saved anywhere?
No. Everything is worked out in your browser. Your numbers stay on your own device, and the page link holds them so you can share them.