Boond
SIP needed for ₹1 crore in 20 years
At 12% a year, invest every month
₹10,010
for 240 months to reach ₹1 crore. Starting with a 10% yearly step-up, you could begin at ₹5,030 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹16,870 | ₹40.49 lakh |
| 10% | ₹13,060 | ₹31.34 lakh |
| 12% | ₹10,010 | ₹24.02 lakh |
| 15% | ₹6,600 | ₹15.84 lakh |
Prefer to invest once? About ₹10,37,000 today, left for 20 years at 12% a year, also reaches ₹1 crore.
Remember inflation: at 6% a year, ₹1 crore in 20 years will buy about what ₹31.18 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.