Boond
SIP needed for ₹1 crore in 30 years
At 12% a year, invest every month
₹2,840
for 360 months to reach ₹1 crore. Starting with a 10% yearly step-up, you could begin at ₹1,140 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹6,670 | ₹24.01 lakh |
| 10% | ₹4,390 | ₹15.8 lakh |
| 12% | ₹2,840 | ₹10.22 lakh |
| 15% | ₹1,430 | ₹5.15 lakh |
Prefer to invest once? About ₹3,34,000 today, left for 30 years at 12% a year, also reaches ₹1 crore.
Remember inflation: at 6% a year, ₹1 crore in 30 years will buy about what ₹17.41 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.