Goal-Based Investing is a strategy where you plan your investments to achieve specific life goals, such as buying a house, children's education, or retirement. By defining a clear target amount and time horizon, you can calculate exactly how much you need to save and invest regularly.
How it Works
This calculator determines the monthly investment (SIP) required to reach your target corpus, assuming a certain rate of return. It also accounts for any existing savings you might have, which will grow over time and contribute to the goal.