Boond
SIP needed for ₹10 lakh in 5 years
At 12% a year, invest every month
₹12,130
for 60 months to reach ₹10 lakh. Starting with a 10% yearly step-up, you could begin at ₹10,160 a month.
Change the numbersAt different returns
| Return | Monthly SIP | You put in |
|---|---|---|
| 8% | ₹13,520 | ₹8.11 lakh |
| 10% | ₹12,810 | ₹7.69 lakh |
| 12% | ₹12,130 | ₹7.28 lakh |
| 15% | ₹11,160 | ₹6.7 lakh |
Prefer to invest once? About ₹5,68,000 today, left for 5 years at 12% a year, also reaches ₹10 lakh.
Remember inflation: at 6% a year, ₹10 lakh in 5 years will buy about what ₹7.47 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.