Boond
SIP needed for ₹10 lakh in 30 years
At 12% a year, invest every month
₹290
for 360 months to reach ₹10 lakh. Starting with a 10% yearly step-up, you could begin at ₹120 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹670 | ₹2.41 lakh |
| 10% | ₹440 | ₹1.58 lakh |
| 12% | ₹290 | ₹1.04 lakh |
| 15% | ₹150 | ₹54k |
Prefer to invest once? About ₹34,000 today, left for 30 years at 12% a year, also reaches ₹10 lakh.
Remember inflation: at 6% a year, ₹10 lakh in 30 years will buy about what ₹1.74 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.