Mutual funds, Aug. 26 -- The 'Goal SIP (systematic investment plan) Calculator' is a simple but crucial tool that helps investors achieve their financial goals. It tells investors how much total investment they need for a particular goal and the monthly SIP needed to attain it.

This can be computed by entering three vital data points: goal of wealth, duration of investment and the expected rate of return.

You can access the Goal SIP Calculator on mutualfundsahihai.com. Suppose your financial goal is Rs.50,00,000 and it is 10 years ahead. Based on the expected rate of return, you can calculate your total investment. If the expected rate of return is 11 per cent, the monthly SIP amount would be Rs.23,041 and the total investment would be ...