Boond
SIP needed for ₹1 crore in 15 years
At 12% a year, invest every month
₹19,820
for 180 months to reach ₹1 crore. Starting with a 10% yearly step-up, you could begin at ₹11,520 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹28,710 | ₹51.68 lakh |
| 10% | ₹23,930 | ₹43.07 lakh |
| 12% | ₹19,820 | ₹35.68 lakh |
| 15% | ₹14,780 | ₹26.6 lakh |
Prefer to invest once? About ₹18,27,000 today, left for 15 years at 12% a year, also reaches ₹1 crore.
Remember inflation: at 6% a year, ₹1 crore in 15 years will buy about what ₹41.73 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.