Boond
SIP needed for ₹10 lakh in 15 years
At 12% a year, invest every month
₹1,990
for 180 months to reach ₹10 lakh. Starting with a 10% yearly step-up, you could begin at ₹1,160 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹2,880 | ₹5.18 lakh |
| 10% | ₹2,400 | ₹4.32 lakh |
| 12% | ₹1,990 | ₹3.58 lakh |
| 15% | ₹1,480 | ₹2.66 lakh |
Prefer to invest once? About ₹1,83,000 today, left for 15 years at 12% a year, also reaches ₹10 lakh.
Remember inflation: at 6% a year, ₹10 lakh in 15 years will buy about what ₹4.17 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.