Boond
SIP needed for ₹10 lakh in 25 years
At 12% a year, invest every month
₹530
for 300 months to reach ₹10 lakh. Starting with a 10% yearly step-up, you could begin at ₹240 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹1,050 | ₹3.15 lakh |
| 10% | ₹750 | ₹2.25 lakh |
| 12% | ₹530 | ₹1.59 lakh |
| 15% | ₹310 | ₹93k |
Prefer to invest once? About ₹59,000 today, left for 25 years at 12% a year, also reaches ₹10 lakh.
Remember inflation: at 6% a year, ₹10 lakh in 25 years will buy about what ₹2.33 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.