Boond
SIP needed for ₹1 crore in 10 years
At 12% a year, invest every month
₹43,050
for 120 months to reach ₹1 crore. Starting with a 10% yearly step-up, you could begin at ₹29,640 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹54,300 | ₹65.16 lakh |
| 10% | ₹48,420 | ₹58.1 lakh |
| 12% | ₹43,050 | ₹51.66 lakh |
| 15% | ₹35,890 | ₹43.07 lakh |
Prefer to invest once? About ₹32,20,000 today, left for 10 years at 12% a year, also reaches ₹1 crore.
Remember inflation: at 6% a year, ₹1 crore in 10 years will buy about what ₹55.84 lakh buys today.
Boond is a calculator, not investment advice. Mutual fund investments are subject to market risks. Returns shown are estimates at the rates listed, before tax.