How it’s calculated
Monthly investment = G × r ÷ ((1 + r)n − 1) G = goal amount r = expected yearly return ÷ 12 ÷ 100 n = number of months
Example: to reach ₹10,00,000 in 10 years at 10% a year, you need to invest about ₹4,882 a month.
The goal amount is taken as entered. If your goal is a future price, such as a car or a house, increase it for inflation first.