Boond
SIP needed for ₹10 lakh in 10 years
At 12% a year, invest every month
₹4,310
for 120 months to reach ₹10 lakh. Starting with a 10% yearly step-up, you could begin at ₹2,970 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹5,430 | ₹6.52 lakh |
| 10% | ₹4,850 | ₹5.82 lakh |
| 12% | ₹4,310 | ₹5.17 lakh |
| 15% | ₹3,590 | ₹4.31 lakh |
Prefer to invest once? About ₹3,22,000 today, left for 10 years at 12% a year, also reaches ₹10 lakh.
Remember inflation: at 6% a year, ₹10 lakh in 10 years will buy about what ₹5.58 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.