What is Target Amount SIP Calculator?

The Target Amount SIP calculator will help you know how much to invest through an SIP every month, to attain your desired goal.

For certain goals, such as education or retirement, you typically know the year by which you would need the money and an estimate of how much you may need. But knowing how much wealth to build is only the first step in your investment plan.

The second step is to calculate the SIP amount.

Therefore, a target SIP calculator will consider your goal amount and your timeframe, applies an assumed return and calculates the SIP amount needed to reach there.